Tripling Renewables

While renewable energy capacity grew by 50% in 2023, considerable challenges remain to meet COP 28’s agreement of tripling renewable sources of energy. What are the key challenges hindering the rapid expansion of renewable power capacity, and how can governments and private sectors collaboratively address these barriers to ensure we meet the targets set by COP 28? While wind and solar continue to lead the way, how can we accelerate the integration of other clean sources, such as green hydrogen and biomethane energy, into the energy landscape? What technological advancements are essential to diversify the energy mix and ensure a reliable and resilient transition to a tripled renewable power capacity?

Discussion during the 8th Conference of Paris, featuring Svein Tore Holsether, President and CEO, Yara International ; Dominique Mockly, Chairman and CEO, Teréga ; Gwenaëlle Avice-Huet, Executive Vice President of Europe Operations and Member of the Executive Committee, Schneider Electric ; Anne-Laure de Chammard, Group Executive Board Member, Siemens Energy and Helima Croft, Managing Director and Global Head of Commodity Strategy, RBC Capital Markets