Date: 4 December 2023
Time: 11:30-13:00 GST
Organizers: Green Powered Future Mission with the support of the Italian Ministry of Environment and Energy Security and UNEP
Location: Italian Pavilion
Description:
Emissions from the power sector need to fall dramatically in the next decade to achieve global climate goals. This leads power systems worldwide to face unprecedented challenges, including how to achieve mass-scale integration of variable renewable energies (VRE), such as wind and solar. Despite being the lowest cost form of generation in many regions, VRE currently still meets a small fraction of current global energy demand. In part, this is due to challenges caused by their intermittent nature, which can jeopardise the security and reliability of power systems with the present level of flexibility. These challenges need to be overcome, since without a major acceleration in clean electricity innovation, we will not meet the net zero target by 2050.
This event will represent a great opportunity for the GPFM to showcase the Mission activities, progress and initial outcomes of the Flagship Project FP1 “5 demos in five continents” launched in September 2022 at the GCEAF (CEM13/MI-7) in Pittsburgh.
The event will also feature a roundtable with the participation of Italian and International GPFM experts from governments, industry, and RTOs, who will gather in an open environment to showcase key innovation programmes and to discuss about the first launched R&I pilots and demos and future steps.
Discover full list of UNEP activities at COP28.
