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What does G20 bring to renewable energy?

What does G20 bring to renewable energy?

(Summary description)From November 14th to 16th, President Xi Jinping went to Antalya, Turkey to attend the 10th G20 summit. Shortly after the end of the G20 Energy Ministers’ Meeting in Istanbul, Turkey in early October, the “International Energy Reform Forum” co-sponsored by the National Energy Administration, the Jiangsu Provincial Government and the International Renewable Energy Agency on November 7 featured the “G20 Renewable Energy A separate sub-forum was set up for the theme of "Prospects for Cooperation.

What does G20 bring to renewable energy?

(Summary description)From November 14th to 16th, President Xi Jinping went to Antalya, Turkey to attend the 10th G20 summit. Shortly after the end of the G20 Energy Ministers’ Meeting in Istanbul, Turkey in early October, the “International Energy Reform Forum” co-sponsored by the National Energy Administration, the Jiangsu Provincial Government and the International Renewable Energy Agency on November 7 featured the “G20 Renewable Energy A separate sub-forum was set up for the theme of "Prospects for Cooperation.

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From November 14th to 16th, President Xi Jinping went to Antalya, Turkey to attend the 10th G20 summit. Shortly after the end of the G20 Energy Ministers’ Meeting in Istanbul, Turkey in early October, the “International Energy Reform Forum” co-sponsored by the National Energy Administration, the Jiangsu Provincial Government and the International Renewable Energy Agency on November 7 featured the “G20 Renewable Energy A separate sub-forum was set up for the theme of "Prospects for Cooperation.

Next year, my country will host the G20 summit for the first time, and at the just-concluded G20 Energy Ministers’ Meeting in Istanbul, the energy issue was put on the agenda for the first time, putting renewable energy issues on a higher level of international multilateral stage, so that countries can further Share knowledge and experience to realize the reform of renewable energy.

In September, the United Nations Sustainable Development Council (SDC) adopted the 2015 Development Agenda. One of the goals is to ensure that everyone has access to affordable renewable energy and can work together to create a cleaner and sustainable future.

Increasing the proportion of renewable energy is technically and economically feasible

According to statistics from the International Renewable Energy Agency, energy use and consumption account for two-thirds of global carbon emissions. In order to ensure that the global average temperature does not rise by more than 2 degrees Celsius by the end of this century, at least 164 countries have set various forms of renewable energy targets, which is four times the number in 2005 (43 countries). Newly installed capacity has increased significantly in the past 3 years. However, in order to obtain a sustainable future, it is also necessary to promote the development and application of renewable energy.

It can be seen from the series of goals reached by the recently concluded G20 Energy Ministers’ Meeting that G20 cooperation not only has special strategic significance for improving global climate change, but can also promote renewable energy financing and strengthen knowledge and technology exchanges between countries. So how will the G20 promote the development of renewable energy? There are five main aspects: first, analyze the cost of renewable energy; second, reduce the risk of renewable energy financing; third, further clarify the development path of various countries and stimulate technological potential Fourth, to exchange technology for renewable energy development; fifth, to strengthen the application of modern biomass energy.

At the "G20 Renewable Energy Cooperation Prospects" forum on the 7th, Adnan Z. Amin, Director General of the International Renewable Energy Agency, stated that by 2030, renewable energy will rise to 36% of total energy consumption, both technically and economically. achievable. However, while considering energy changes, it is necessary to consider the cost of environmental pollution and carbon emissions, because if these environmental costs are included in the cost of energy development, people will look at the cost of renewable energy from a different perspective. Therefore, high-level energy discussions are carried out among the G20 countries, through a deeper understanding of technologies and implementation barriers, and feedback, so as to analyze the role of countries and various technologies in reducing the cost of renewable energy, and finally find the development of renewable energy. route of.

Strengthen communication and avoid investment risks

In the process of promoting the development of renewable energy, the International Renewable Energy Agency believes that biomass energy will play a considerable role. AdnanZ.Amin said that by 2030, biomass energy can account for 60% of all renewable resources. However, from the perspective of the current development of biomass energy, how to safely and reliably carry out low-cost and sustainable manufacturing and production of biomass energy still needs in-depth discussion. In addition, AdnanZ.Amin also believes that due to the different policy systems of various countries, it is necessary to find a technical method that suits them. While considering the development of biomass energy technology, it is necessary to further think about how to integrate it into the field of power generation and improve its application. rate.

In the development of renewable energy, after considering the technical feasibility, another crucial issue is financing. This is also a problem currently faced by both developed and emerging countries. It is understood that some European countries with relatively mature renewable energy development are gradually considering reducing renewable energy subsidies so that they can improve their competitiveness through market mechanisms and stimulate technological development. However, one must be careful when formulating or changing the policy framework to avoid increasing investment risks.

The UK has recently lost a large amount of investment funds due to the sudden cut in renewable energy subsidies, making its market investment environment turbulent. Energy investment itself is a long-term investment, and factors such as policy uncertainty, bank distrust, exchange rate conversion and other factors will have a negative impact on the investment environment. It is worth noting that the G20 Energy Ministers’ Meeting in Turkey initiated a commitment to the world in the action plan for the promotion of renewable energy development, expressing that it will provide all people with low-cost, reliable and sustainable renewable energy development models, ensuring that through exchanges between countries Guarantee the investment environment in this field. This may be an important means to promote the development of renewable energy.

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