The Energy Conundrum: Decarbonizing the Power Supply While Maintaining Reliable and Affordable Electricity
Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially conflicting priorities.
“I think one of the most important topics we’re dealing with right now is how fast can we decarbonize the power generation and the electricity generation in the societies around us,” Karim Amin, executive board member with Siemens Energy, said as a guest on The POWER Podcast. “But on the other hand side, we also see the importance of security of supply. I mean, the world needs reliable electricity. It’s very important not only for the economic development, but for the very same life that we have.”
Amin acknowledged that adding more renewable energy is important. “There is no doubt that we need more and more and faster deployment of renewables,” he said.…
