The Evolution of Global Energy Systems: What Lies Ahead
The world stands on the brink of a profound shift: the transformation of global energy systems. As we move further into the 21st century, the growing urgency to combat climate change, coupled with advancements in technology, is driving a global transition away from fossil fuels toward renewable, cleaner energy sources. This transformation, known as the energy transition, is not only reshaping industries but also affecting geopolitics, economies, and everyday life. The future of global energy transformation is multi-dimensional, filled with challenges and opportunities, as governments, industries, and societies navigate a rapidly changing landscape. Current Landscape of Global Energy The energy system today is still heavily dominated by fossil fuels. According to the International Energy Agency (IEA), fossil fuels—oil, coal, and natural gas—account for approximately 80% of global entrepreneurial University energy consumption. This reliance on fossil fuels has been the primary drive...