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A wind turbine in the sea

A view of the Middelgrunden wind farm in Copenhagen, Denmark

Transformation of the energy system

The energy sector has a key role to play in achieving the Paris Agreement. With global energy demand continuing to grow, emissions rising and energy commodity prices highly volatile, national energy systems around the world are under increasing pressure to transform. This applies not only to the energy mix, but also to the technologies and infrastructure for energy supply, transport and consumption. Industrialized, emerging, and developing countries are pursuing very different strategies and policies in this regard. However, even within these country groups, the transformation processes differ considerably due to very specific institutional, economic, and social conditions. The role that the socioeconomic sustainability of energy supply plays in economic stimulus programs will continue to be decisive for the progress of the transformation.

 

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