The global push for clean and sustainable energy solutions has spurred several countries to embark on ambitious journeys to transition to renewable energy sources (RES). The report preleased on September 4 highlights the top 10 countries that are planning the fastest transition to RES over the next five years, showcasing their commitment to reducing carbon emissions, fostering energy independence, and addressing the challenges of climate change.
Taiwan (Increase from 25.8% to 42.6%): Taiwan aims to significantly enhance its reliance on renewable energy, particularly wind and solar power. The country is set to increase its RES share from 25.8% to 42.6%, underscoring its commitment to cleaner and more sustainable energy sources.
Netherlands (Increase from 54% to 71.9%): The Netherlands is actively expanding its RES capacity, with plans for 90 utility-scale solar power plants and a burgeoning rooftop solar sector. This concerted effort will boost the Dutch RES share from 54% to an impressive 71.9%.
Uzbekistan (Increase from 12.7% to 31.3%): Uzbekistan, traditionally reliant on gas-fired power plants, is undergoing a transformative shift with a goal to reduce the share of gas in its electricity grid from 87% to 69% by 2027. This transition is driven by the proliferation of solar and wind parks currently under development.
Odil Musaev MD at Alkes Research emphasizes that with gas-fired power stations currently dominating its energy system at 87% fossil-powered, the nation is making significant strides in diversifying its energy sources. By 2027, the proportion of fossil-powered energy is expected to drop to 69%, thanks to the rapid development of solar and wind parks. Uzbekistan's ambition to install 12GW of solar and wind capacity by 2030 is a testament to its commitment to clean energy and reducing carbon emissions. This represents a substantial shift toward renewable energy sources, considering the country's current grid size of 16GW. As Uzbekistan continues to invest in renewable energy infrastructure, it not only reduces its carbon footprint but also positions itself for a more sustainable and resilient energy future.
Poland (Increase from 39.5% to 58.2%): Poland is committed to phasing out coal-fired power plants in favor of solar energy, with the aim of increasing its RES share from 39.5% to 58.2%. This marks a significant step toward reducing emissions and transitioning to cleaner energy sources.
Burkina Faso (Increase from 25.2% to 44.4%): Despite facing political instability, Burkina Faso is experiencing a booming solar sector, exemplified by one of the first solar panel factories on the African continent. The country plans to increase its RES share from 25.2% to 44.4%, showcasing its determination to harness solar energy's potential.
Montserrat (Increase from 12.6% to 33.5%): Montserrat, a small Caribbean nation affected by volcanic activity, is embarking on an energy transformation. The country anticipates active geothermal drilling in the next five years, aiming to raise its RES share from 12.6% to 33.5%.
Grenada (Increase from 6.8% to 31.3%): Another Caribbean nation, Grenada, is undergoing a significant energy shift. With a focus on biomass, wind, solar, and geothermal energy, Grenada plans to transform its energy system, increasing its RES share from 6.8% to 31.3%.
Cameroon (Increase from 44.3% to 72.2%): Cameroon, a developing country in Central Africa, relies on hydro, gas, and oil power plants. The nation is set to expand its RES capacity, with an expected increase in hydropower capacity by 1.1 GW, raising its RES share from 44.3% to 72.2%.
Tanzania (Increase from 25.7% to 54.1%): Tanzania's transition to RES is primarily driven by the 2.1 GW Rufiji Hydroelectric Power Plant currently under construction. This initiative will elevate Tanzania's RES share from 25.7% to 54.1%, contributing to sustainable energy development.
Saint Lucia (Increase from 5.2% to 41.3%): Saint Lucia, another Eastern Caribbean island nation, is poised for substantial RES expansion. Over the next five years, the country will witness significant growth in solar, wind, biomass, and geothermal sources, raising its RES share from 5.2% to 41.3%.
These nations are leveraging diverse resources and innovative strategies to reduce their reliance on fossil fuels, combat climate change, and secure a more sustainable future for their citizens.
Earlier Daryo reported that President of Uzbekistan met with ACWA Power Chairman Muhammad Abunaiyan, discussing enhanced collaboration and priority projects, highlighting the strong partnership and significant investments in Uzbekistan's energy development.
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