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Energy Transition

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Definition:
The process of shifting from fossil fuel-based energy systems to renewable energy sources like wind and solar, aiming to reduce carbon emissions and combat climate change.

Key Components:

  • Renewable energy adoption
  • Grid modernization
  • Energy policy reforms

Use Cases/Industries:

  • Power generation
  • Industrial manufacturing
  • Government energy policies

Advantages:

  • Reduces greenhouse gas emissions
  • Enhances energy security
  • Supports long-term sustainability

Challenges:

  • High upfront costs for infrastructure changes
  • Grid stability concerns with intermittent renewables
  • Need for policy and regulatory support

Related Terms:
Decarbonization, Renewable Energy, Grid Modernization

Example:
Many European countries have committed to an energy transition roadmap targeting net-zero emissions by 2050.

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Synonyms:
Energy Shift, Clean Energy Transition, Decarbonization Shift
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