We must strike the right balance, says CEO at WEC Congress
The power sector needs to juggle reliability, sustainability and affordability, says Dr Suess
Dr Michael Suess, a member of Siemens board, and chief executive of Siemens’ Energy Sector, talks to WEC Congress News How are we going to decarbonise? Global power demand is set to rise by more than half of its current level between now and 2030. If new power plants are added along familiar lines as in the past, associated carbon dioxide (CO2) emissions are likely to increase by a quarter. This development could be curbed if coal-fired power plants were replaced on a wide scale with gas-fuelled power plants by 2030. In that case, CO2 emissions in the power sector would even drop by 5% compared to today’s levels. Of course, this should only be done where it makes economic sense and with the
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