The world is moving towards a new energy future with the fourth transition in modern history already set in motion by the COP 21 Paris agreement.
A goal to limit greenhouse gas emissions to 1.5-2oC by 2050 has been set. To this end, 196 countries made a pledge to work towards making renewable energy, 46% of primary energy mix by the target year.
Transitions are a common phenomenon, as the energy market is constantly evolving, driven by advancement in technology, government policy, resource depletion, scarcity and most critically, sustainability.
