Reducing energy-related CO2 emissions is pivotal to limiting climate change, with the main drivers to bring about the required carbon reductions being renewable energy and energy efficiency. Concentrated solar power is one such renewable energy technology set to increase dramatically in the foreseeable future. It will need to provide energy at a competitive cost to outshine the competition.
Major economies across the globe are setting climate neutrality targets. But proper measurement and methodologies are needed to provide transparency and common benchmarks when assessing carbon footprint. At a recent event in China, there was general consensus on the importance of adopting a harmonized approach to carbon footprint calculation and disclosure.