Is the Energy Transition, Net Zero Possible?

Despite skepticism around the energy transition and net-zero goals, some countries and companies are already making progress. Here’s how.

Is the Energy Transition, Net Zero Possible?

Panelists from EDP, Enbridge and AES at a recently held conference agreed that the energy transition is not slowed by energy security concerns. (Source: Shutterstock.com)

Skeptics have questioned whether hitting 2050 net-zero ambitions can be accomplished. However, some countries are giving others hope

Portugal and Brazil are two that come to mind when it comes to electricity generation for Miguel Stilwell d’Andrade, the CEO of EDP, a global utility company and energy producer that aims to be all green by 2030.

About “65% of Portugal’s energy mix is already renewables: wind, solar and hydro,” d’Andrade said during a recent energy transition conference. “Clearly, it probably could reach about 80% by 2025,” he said noting that Iberia, in general, has a high percentage of renewables, “close to 50%.”

Speaking as a conference panelist alongside executives from electric power distributor AES Corp. and Enbridge Inc., d’Andrade explained how the grid connection capacity will help.

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Velda Addison

Velda Addison is the senior editor of digital media for Hart Energy’s editorial team. She covers energy with a focus on renewables.