BEIJING, Nov. 9 (Xinhua) -- The new IEA Insight Paper Renewable Energy for Industry, jointly released by China Economic Information Service (CEIS) of Xinhua News Agency and the International Energy Agency on Thursday, considers a variety of current and forthcoming options to increase the uptake of renewables as one possible way to reduce industry sector energy and process carbon dioxide (CO2) emissions.
Reducing long-term greenhouse gas (GHG) emissions of the industry sector is one of the toughest challenges of the energy transition. Combustion and process emissions from cement manufacturing, iron- and steelmaking, and chemical production are particularly problematic.
The main finding of this report is that the recent rapid cost reductions in solar photovoltaics (PV) and wind power may enable new options for greening the industry, either directly from electricity or through the production of hydrogen (H)-rich chemicals and fuels. Simultaneously, electrification offers new flexibility options to better integrate large shares of variable renewables into grids.
(Edited by Yang Yifan, yangyifan@xinhua.org)
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