Overview
- Nine major Asian economies need to increase their renewable energy share from 6% to at least 50% by 2030 to limit global warming to 1.5C, according to a report by Berlin-based thinktank Agora Energiewende.
- Nearly a third of the renewable energy should come from wind and solar power, a fifth from hydropower and other clean sources, and the remainder from fossil fuels.
- To meet the 1.5C limit, these countries need to add 45 to 55 gigawatts of solar energy and 20 gigawatts of wind energy every year.
- The report calls for a 'paradigm shift' to speed up the transition to wind and solar power, including removing subsidies for oil and gas, simplifying bureaucratic hurdles, and facilitating investments.
- Despite misconceptions, the report states that much higher shares of wind and solar can be reliably integrated into the power system than expected.