New Delhi: The adoption of hybrid energy sources throughout the world can help meet the objectives of achieving net zero emissions in 2050, said an industry executive on Friday.
The hybrid energy system is defined as the integration of several types of energy generation equipment such as electrical energy generators, electrical energy storage systems, and renewable energy sources.
“When we advance to fulfill our 2050 goals from carbon neutrality and zero carbon emissions, we must think of hybrid energy sources,” Alok Nanda, CEO, GE India Technology Center & CTO, GE South Asia said in the virtual address on the 17th edition of the Innovation Summit India.
Nanda said climate change is a real concern, and the energy transition made today must maintain the needs of future generations in mind.
He said one of the main reasons for climate change was that 41 percent of CO2 emissions (carbon) were produced by the electricity sector, while 26 percent by industry, 25 pc with transportation, and 9 percent by the building.
“If you come to transport, we have talked a lot about car e but if the e-car battery is charged by the electricity produced by technology that produces a lot of carbon …
we will actually pollute our environment (indirectly).
We need a holistic approach , “Nanda said.
Explain further, he said if all coal plants were replaced with a capacity equivalent to renewable energy, it would cause a reduction in carbon by 25-40 percent.
If coal plants in the world are replaced with equivalent capacity of gas turbines or gas factories, CO2 emissions will be reduced by 50-60 percent.
“We must work towards a hybrid.
Hybrids cannot be avoided and when we advance towards it we can make real changes when reaching trilemma energy by making electricity affordable, reliable and sustainable when meeting energy and hydrogen security needs for this mix and take this (carbon reduction ) Being 100 PCs is a necessity, “he said.