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Report reveals growth in solar and wind energy
Statkraft, the European leader in renewable energy and present in 21 countries, presents the eighth edition of its annual “Low Emissions Scenario” report. The study predicts a 69% reduction in CO2 emissions by 2050, with a significant increase in solar and wind energy, which will grow 22 and 12 times, respectively, compared to current levels.
The guidelines for the global energy transition
Developed with the expertise of more than 50 experts from all Statkraft subsidiaries, the report analyzes the trends and impacts of the global energy transition until 2050. According to the research, the world is on a path that limits global warming to less than 2° W. This progress is somewhat faster and more optimistic than projected in last year's report.
The research emphasizes the exponential growth of solar and wind energy, driven by the competitiveness of these sources and supported by global energy security and the global climate agenda. The full report can be accessed on the Statkraft website: https://www.statkraft.com.br/sustentabilidade/lowemissions/.
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The impact on Brazil and the future of renewable energy
In Brazil, Statkraft observes a similar trend, with large investments in solar and wind energy. Fernando De Lapuerta, President Director of Statkraft Brasil, highlights that the company follows its strategy of renewable investments in these two sources. In 2023, Statkraft Brasil received grants from ANEEL for solar projects and acquired two new wind farms in Rio Grande do Nordeste.
The study also highlights the 69% to 89% decrease in the cost of primary clean technologies, such as wind, solar and batteries, in the last decade, globally.
Challenges and alternative scenarios
Despite the optimistic outlook, the report recognizes uncertainties and risks that could delay or make the energy transition more expensive. For the first time, the document presents two alternative scenarios: the “Clean Technology Rivalry” scenario and the “Delayed Transition” scenario. These scenarios explore how geopolitical tensions and regional rivalries could affect the energy transition.
Christian Rynning-Tonnesen, CEO of Statkraft, says that despite increasing geopolitical unrest, renewable energy growth is robust and will continue. Solar and wind energy, along with batteries and electric vehicles, have significantly reduced costs, replacing fossil fuels and gaining priority on the international energy security agenda.
The Expansion of Statkraft
With more than 5.700 employees in 21 countries, Statkraft is an international leader in hydropower and Europe's largest generator of renewable energy. The company has been present in Brazil since 2009 and has its headquarters in Florianópolis, Santa Catarina. It currently controls 18 renewable generation assets in Brazil and recently acquired two wind farms from EDP Renováveis in Rio Grande do Norte.
Statkraft is a pioneer in offering traceable renewable energy with guaranteed origin in Brazil, certified by I-REC. This commitment underlines the company's dedication to operating sustainably and contributing to a cleaner and more efficient energy future.
Statkraft’s “Low Emissions Scenario” report is a valuable contribution to global knowledge on energy trends and scenarios, shaping the energy future with a focus on sustainability and innovation.
Source: Isadora Diniz.
