The case for Net Zero, to transform the global energy system in line with the 1.5 °C goal has never been stronger.
August 2023 was the hottest on record by a large margin, this 2024 summer is on track to break that record.
According to the latest report from Energy Institute and KPMG, 2023 has been a record year for the energy sector too. Renewables’ share increased to 14.6%. Together with nuclear, they represented over 18% of total primary energy consumption.
Great news, but good enough?
2023 was unfortunately another record year for the consumption of fossil fuels. Energy-related emissions for the first time ever, exceeded the 40 GtCO2 level.
If renewables growth covers the increase of global energy demand, we will accomplish an energy addition, not an energy transition.
Energy intensity and carbon intensity must be addressed simultaneously, separately and aggressively, if humanity wants to achieve the first energy transition in its history.
At the Net Zero Hub we aim to stay on the transition path and accelerate our progress by scaling net zero solutions which decarbonize energy sources and decouple growth from energy demand.
New CEO to drive the Net Zero Innovation Hub for European Data Centers
The Net Zero Innovation Hub for Data Centers announced last month the appointment of Alberto Ravagni as the CEO of the Innovation Hub. The consortium was launched in September 2023 by industry partners Data4, Danfoss, Google, Microsoft, Schneider Electric and Vertiv.
Alberto Ravagni brings over 20 years of experience in the energy industry and is a clean energy architect and industry expert in clean energy, energy storage, and fuel cell technologies. Alberto has been the co-founder and Managing Director of the consultancy firm InfraPrime℠.