Dec 12, 2022
One key publication that was highlighted during the UN COP27 summit was the International Energy Agency's (IEA) report on advancing decarbonization through corporate clean energy procurement. In this Energy Minute, Dana and Steven dive into the report and its key takeaways—in particular looking at the options available to corporations for sourcing clean energy, some differences in how decarbonization efforts would likely differ in the example countries of India and Indonesia, and how even setting lower targets than 100% on time-matched carbon-free energy can yield better carbon reductions than those obtained through a simple solar or wind power purchase agreement by itself.
The IEA is a Paris-based organization that provides policy recommendations, analysis, and data on the energy sector. They have 31 member countries and 11 associated countries. Their contribution to COP27 helps steer energy policy and practice, so tune in to hear their recommendations for achieving decarbonization goals.
IEA Advancing Decarbonization Through Clean Energy Procurement report: https://www.iea.org/reports/advancing-decarbonisation-through-clean-electricity-procurement