Accommodating Disruptive Technology into RE&EE Policies for Energy Security
| Published Date | January 2022 |
|---|---|
| Type of Publication | Reports |
| Publication Under | SOM Steering Committee on Economic and Technical Cooperation (SCE), Energy Working Group (EWG) |
| Accessed | 590 |
| Pages | 66 |
| Download publication | Download |
Description
Disruptive technologies have emerged in the renewable energy and energy efficiency sectors which have rapidly change the global energy landscape. These disruptions generate a revolution in technology capability, digital transformation, cost, new business model, and change of policy. A number of energy-related technologies has become the game changers of energy demand and supply in APEC region and the world. APEC economies had agreed upon two energy-related goals: (1) 45% energy intensity reduction by 2035 and t(2) doubling the share of renewable energy by 2030. Therefore, the new disruptive energy developments could aid to achieve the APEC goals as well as securing the profits of reliable, affordable, and sustainable energy.
This report aims to systematically illustrate the landscape of different disruptive technologies in the energy arena in three sectors, including power, building and transportation with the focus on enabling policy and driving mechanism, the analysis of impact and market, and the forecast of future trends. It also includes a summary of a workshop organized virtually on 29-30 2021. The objective of the workshop was to share the best practices on the current disruptive technologies on power generation/distribution, transport, and buildings sectors as well as brainstorm necessary RE&EE policies to ease integration of disruptive technologies for energy security.