The Energy Reports paints the picture of a world run entirely on renewable energy by 2050. It spells out the ways to achieve this goal through: energy efficiency in buildings, vehicles and industry, and an increase use of electric power that is renewably generated and supplied through smart grids.
Achieving this goal in Canada requires investment in conservation and efficiency; transition to renewable, sustainable energy; and reform for transportation and urban design. But Canada is well-placed to adopt these changes: It has abundant renewable energy potential and is one of the most urbanized countries in the world.
- Energy efficiency and renewable energy can reduce our reliance on fossil fuels by 70 per cent by 2040
- By 2050, we will save nearly $5.5 trillion per year through energy efficiency and reduced fuel costs
- If 0.3 per cent of the Sahara desert was a concentrated solar plant, it would power all of Europe
- By 2050, more than a third of building heat could come from geothermal sources