IRENA Innovation Week 2020: 5-8 October 2020
The International Renewable Energy Agency (IRENA) invites you to save the date for the third edition of IRENA Innovation Week – a virtual gathering of policymakers, innovators, developers and investors from across IRENA’s diverse global membership, to explore how systemic innovative solutions can support the use of renewable energy in the energy-end-use sectors of transport and industry.
What to expect during IRENA Innovation Week:
Supported by insights from IRENA’s analysis and work on the ground, informed by the experience of recent projects and drawing on the expertise of a diverse range of speakers and attendees, IRENA Innovation Week 2020 will explore the challenges and the emerging innovations in technology, business models and system operation that can support the increased decarbonisation of industry and transport.
With renewable energy now being the most cost-effective option for new power generation in most part of the world, the significantly increased use of renewable-electricity in the end-use sectors of transport, industry and buildings is a viable and attractive option. IRENA’s analysis indicates that electricity will need to provide over 40% of final energy demand in industry and transport by 2050.
The use of biomass, green hydrogen and synthetic-renewable-fuels can all play an important role in decarbonising key industrial sectors such as petrochemicals, iron and steel production, transport, and as a potential replacement for natural gas use. IRENA’s scenario shows that a five-fold increase of biofuels and over a hundred-fold increase in hydrogen production would be needed by 2050.
IRENA Innovation Week 2020 will showcase emerging solutions from around the world, and aims to identify the actions needed to fully unlock renewable energy's potential in the industrial and transport sectors.
9 July 2020