{"id":415042,"date":"2021-05-15T11:16:02","date_gmt":"2021-05-15T05:46:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415042"},"modified":"2021-05-15T11:16:02","modified_gmt":"2021-05-15T05:46:02","slug":"renewables-evolution-or-revolution-pace-of-tech-investments-will-decide","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renewables-evolution-or-revolution-pace-of-tech-investments-will-decide\/","title":{"rendered":"Renewables evolution or revolution? Pace of tech investments will decide"},"content":{"rendered":"<p>Global investment in energy transition technologies needs to more than double over the next few decades to significantly reduce the cost of renewables, which are set to provide around 60% of the world&#8217;s energy needs by 2030, industry officials say.<\/p>\n<p>A breakthrough in commercial technology to decarbonise projects could reduce both project time and costs, policy advisors and company executives told the Reuters Global Markets Forum, during sessions held last week.<\/p>\n<p>&#8220;The 2020s have to be a decade of innovation and early deployment &#8211; of low-carbon hydrogen &#8211; to get costs down,&#8221; said Tim Gould, head of division for energy supply outlooks and investment at the International Energy Agency (IEA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global investment in energy transition technologies needs to more than double over the next few decades to significantly reduce the cost of renewables, which are set to provide around 60% of the world&#8217;s energy needs by 2030, industry officials say. A breakthrough in commercial technology to decarbonise projects could reduce both project time and costs, policy advisors and company executives told the Reuters Global Markets Forum, during sessions held last week. &#8220;The 2020s have to be a decade of innovation and early deployment &#8211; of low-carbon hydrogen &#8211; to get costs down,&#8221; said Tim Gould, head of division for energy [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-415042","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=415042"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415042\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}