According to the report, the second half of 2021 saw the beginning of the biggest energy crisis in modern history, exacerbated by the Russian Federation’s invasion of Ukraine in early 2022 and unprecedented global commodity shock.
new report has questioned the global commitment to energy transition as it
finds that more fossil fuels in form of coal and oil and gas, among others, still dominate the global energy mix.
The Renewables 2022 Global
says that the much-anticipated global
clean energy transition is not happening, making it unlikely that the world
will be able to meet critical climate goals this decade.
Adib, one of the researchers behind the report released on Wednesday says that although many more
governments committed to net-zero greenhouse gas emissions in 2021, the reality
is that, in response to the energy crisis, most countries have gone back to
seeking out new sources of fossil fuels and to burn even more coal, oil, and
to the report, the second half of 2021 saw the beginning of the biggest energy
crisis in modern history, exacerbated by the Russian Federation’s invasion of
Ukraine in early 2022 and unprecedented global commodity shock. The
report published by REN21
is one of the reputable studies about global renewable energy and is
made by some of the leading experts in renewable energy.
2022 report is the 17th consecutive edition and provides proof of what experts
have been warning about: the overall share of renewables in the world’s final
energy consumption has stagnated – rising only minimally from 8.7 per cent in 2009 to
11.7 per cent in 2019 – and the global shift of the energy system to renewables is not
old energy regime is collapsing before our eyes – and with it, the global
economy,” said Adib. “Yet crisis response and climate goals must not be in
conflict. Renewables are the most affordable and best solution to tackle energy
price fluctuations. We must boost the share of renewables and make them a
priority of economic and industrial policy. We can’t fight fire with more
fire.” Said Adib, also REN21 Executive Director.
comes just a day after Chief executives of some of the leading oil producers
met in London on Tuesday amidst the global energy crisis resulting from the Russian invasion of Ukraine.
REN21’s Renewables 2022 Global Status
Report (GSR 2022)
says that the transition to renewables has almost stalled with coal, oil, and
gas dominating total energy consumption, Oil producers on the other hand said
the debate about energy shouldn’t only be climate change. They suggest
that conversations about energy transition should include energy security,
reliability, and affordability of the price.
debate around energy has rebalanced from being largely about climate change
which remains imperative, but with the Russian war there is more focus on energy
security, reliability, and affordability of price," Patrick Pouyanné, CEO
of French major oil company TotalEnergies, said during the Reuters Global
Energy Transition 2022 conference held on June 14 in New York City.
other oil and gas company executives insisted that fossil fuels, especially
natural gas, are still needed at a time when global markets grapple with tight
energy supplies and skyrocketing prices.
EP Uganda is the major shareholder in the East Africa Crude Oil Pipeline
(EACOP) and the Tilenga project in Albertine. There have been campaigns by
climate activists against the funding of EACOP and generally oil and gas.
The war in Ukraine has
affected oil and gas supplies leading to price increases globally. As the war
rages, some reports indicate that Oil futures have climbed more than 50 per cent since
the beginning of the year. Oil and gas producers are of recent under pressure
to produce more to cover the shortage caused by sanctions on Russian oil and
“Many leaders in Europe
are asking about energy,” Pouyanné said “We have to build new decarbonized
systems while still delivering the energy of today. You can’t pump out oil
simply because the governments have said so. Oil development is not a
manufacturing plant. But we listened” he said
“Affordability is a fundamental
aspect of any energy source. And one can observe that in countries where gas
has become too expensive, they switch back to coal,” Pouyanné added
has been echoed by government officials in Uganda and other African countries
that have urged better technologies to enable the exploitation of their oil and
gas resources as well as protect the climate.
The GSR 2022 documents
that despite renewed commitments to climate action, governments still opted to
provide subsidies for fossil fuel production and use as their first choice to
mitigate the effects of the energy crisis.
Between 2018 and 2020, governments
spent a whopping USD 18 trillion – 7 per cent of global GDP in 2020 – on fossil fuel
subsidies, in some cases while reducing support for renewables
For the first time, the GSR 2022 provides a
world map of renewable energy shares by country and highlights progress in some
of the leading countries