Deploying Balancing Power Could Accelerate India’s Energy Transition and Save €65 Trillion Globally by 2050: New Wärtsilä Report
Dec 10, 2024
Mumbai (Maharashtra) [India], Deember 10: Wärtsilä's global power system modelling, published in the Crossroads to net zero report, compares two pathways from the year 2025 to 2050 with the aim to reduce greenhouse gas emissions and limit global warming, as per the Paris Agreement targets. In the first pathway, only renewables, such as wind and solar power, and energy storage are added to the power mix. In the second pathway, balancing power generation technologies, that can be ramped up quickly when needed to support intermittent renewables, are also added to the system.
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