IEA (2021), Achieving Net Zero Electricity Sectors in G7 Members, IEA, Paris https://www.iea.org/reports/achieving-net-zero-electricity-sectors-in-g7-members, License: CC BY 4.0
About this report
The new report was requested by the United Kingdom, under its G7 Presidency, and followed the G7 leaders’ commitment in June 2021 to reach “an overwhelmingly decarbonised” power system in the 2030s and net zero emissions across their economies no later than 2050. It is designed to inform policy makers, industry, investors and citizens in advance of the COP26 Climate Change Conference in Glasgow that begins at the end of October 2021.
Starting from recent progress and the current state of play of electricity in the G7, the report analyses the steps needed to achieve net zero emissions from electricity, and considers the wider implications for energy security, employment and affordability. It identifies key milestones, emerging challenges and opportunities for innovation.
The report also underscores how G7 members can foster innovation through international collaboration and, as first movers, lower the cost of technologies for other countries while maintaining electricity security and placing people at the centre of clean energy transitions.