WEMO 2025 (complet) - Flipbook - Page 82
03 Energy transition: countries perspective
Our convictions
1
2
The world is not on track to meet the net zero target by 2050. Countries
and regions are balancing climate targets with sovereignty and economic
growth (energy competitiveness).
Each country has its own net zero journey with local priorities and quite
di昀昀erent sets of pillars: be it renewables, nuclear energy, or electri昀椀cation.
This is not a problem if net zero is achieved as soon as possible, and no later
than 2050, while also meeting regional conditions (e.g., markets 昀氀uidity). But
the question is which strategy is the fastest and most e昀昀ective?
China: High investments to economically dominate clean tech worldwide and
subsequently transform its own economy to net zero.
Europe: Renewables or nuclear strategies often combined with complex
discussions how to balance priorities best (energy transition vs. industrial
strength vs. a昀昀ordability of energy).
US: Clear focus on industry strength and de-prioritization of net zero ambition.
Rest of the world: use energy transition re-structure and strengthen their
own economy (e.g., Australia, Saudi-Arabia).
Developing countries economic growth – THE priority - boost energy
demand and emissions.
3
From a technological point of view only PV/ solar
power and heat pumps are the only dimensions to be
almost on track with ambitions. This indicates a clear
dominance of decentralized technologies, which in
turn requires:
Acceleration of grid expansion and modernization or
New or more local/ regional energy market designs
4
5
Economic forces often outpace regulation, especially
when regulatory progress is slow, unstable or lacks
global alignment.
There are great examples of how energy transition
works out once right regulations and technologies are
combined, e.g., California. However, 2025 also
highlighted the vulnerabilities and complexities of
renewable energy markets, such as the blackout in Spain.
