{"id":681159,"date":"2023-12-14T09:06:02","date_gmt":"2023-12-14T09:06:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=681159"},"modified":"2023-12-14T09:06:02","modified_gmt":"2023-12-14T09:06:02","slug":"climate-horizon-opportunities-for-a-greener-world-in-the-middle-east","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/climate-horizon-opportunities-for-a-greener-world-in-the-middle-east_681159.html","title":{"rendered":"Climate Horizon: Opportunities for a Greener World in the Middle East"},"content":{"rendered":"<p style=\"text-align: justify;\">The following explores two future perspectives for the decarbonization of the Middle East by 2060, scientifically accounting for multiple uncertain variables which directly alter the region&rsquo;s future energy demand.<\/p>\n<p style=\"text-align: justify;\">Net Zero Scenario: This scenario takes stock of current commitments from several countries of the Gulf region to reach a net zero economy by mid-century. It explores the role that transformations on the &ldquo;demand side&rdquo; of the energy system (energy services) can play in such a pathway.<\/p>\n<p style=\"text-align: justify;\">New Future Scenario: This scenario assumes a more rapid development of new energy services than traditionally anticipated, stemming from both faster technology development and supportive policymaking, i.e., a more radical transformation of the region&rsquo;s economy, and its impact on the energy system.<\/p>\n<p style=\"text-align: justify;\"><strong>Key findings:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>As the economy of the region modernizes, it also decarbonizes-resulting in an accelerated decoupling between emissions and economic wealth.<\/li>\n<li>Electricity represents 40-55% of final energy demand in both scenariosPolicies driven by governments in the region are more supportive of innovations captured in &ldquo;New Future&rdquo; which enables a more rapid scaling up of new services and technology.<\/li>\n<li>Around 2\/3rd of final energy demand comes from 3 sectors of economic activity: buildings, road mobility, and manufacturing. Clean hydrogen, nuclear energy, and water infrastructure also have a heavy influence on energy demand; each will be additive to energy production as technologies develop.<\/li>\n<li>Uncertainty in manufacturing and road mobility plays a significant role in reaching a net zero economy by 2060.Why this matters:<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">After decades of research, the global scientific community considers that currently observed global warming is man-made. The pace of change is unprecedented with impacts likely to rapidly materialize. The window of time to transform and secure our economy is steadily closing.<\/p>\n<p style=\"text-align: justify;\">The IPCC also demonstrated that net emissions of carbon dioxide must be zeroed by mid-century (with significant abatement on other greenhouse gases), while they also must be reduced by 30-50 percent by 2030, for the world to remain on a trajectory consistent with a long-term 1.5-degree global warming ambition (SchneiderElectric, 2021a)<\/p>\n<p style=\"text-align: justify;\"><strong>Schneider Electric<\/strong><\/p>\n<p style=\"text-align: justify;\">Vincent Petit, SVP Climate and Energy Transition Research, head of the Schneider Electric<sup>TM<\/sup>&nbsp;Sustainability Research Institute<\/p>\n<p style=\"text-align: justify;\">Vincent Minier, VP Energy Transition Research, Schneider Electric<sup>TM<\/sup>&nbsp;Sustainability Research Institute<\/p>\n<p style=\"text-align: justify;\">Ayman Ismail, VP Government Relations &amp; Strategy, United Arab Emirates, Schneider Electric<\/p>\n<p style=\"text-align: justify;\"><strong>Enerdata<\/strong><\/p>\n<p style=\"text-align: justify;\">Jacques Despres, Project Manager, Global Energy Forecasting, Enerdata<\/p>\n<p style=\"text-align: justify;\">Quentin Bchini, Project Manager, Global Energy Forecasting, Enerdata<\/p>\n<p style=\"text-align: justify;\">Magali Mellon, Project Specialist, Global Energy Forecasting, Enerdata<\/p>\n<p style=\"text-align: justify;\"><strong>About Schneider Electric<\/strong><\/p>\n<p style=\"text-align: justify;\">Schneider&rsquo;s purpose is to&nbsp;<strong>empower all to make the most of our energy and resources, bridging progress and sustainability<\/strong>&nbsp;for all. We call this&nbsp;<strong>Life Is On<\/strong>.<\/p>\n<p style=\"text-align: justify;\">Our mission is to be your&nbsp;<strong>digital partner for Sustainability and Efficiency<\/strong>.<\/p>\n<p style=\"text-align: justify;\">We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.<\/p>\n<p style=\"text-align: justify;\">We are the&nbsp;<strong>most local of global companies<\/strong>. We are advocates of open standards and partnership ecosystems that are passionate about our shared&nbsp;<strong>Meaningful Purpose, Inclusive and Empowered<\/strong>&nbsp;values.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/se.com_30384.html\" rel=\"nofollow\">ABC Private Limited<\/a><br \/><strong>Contact Person:<\/strong> Media Relations<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=climate-horizon-opportunities-for-a-greener-world-in-the-middle-east\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.se.com\/in\/en\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.se.com\/in\/en\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.se.com\/in\/en\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=climate-horizon-opportunities-for-a-greener-world-in-the-middle-east\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The following explores two future perspectives for the decarbonization of the Middle East by 2060, scientifically accounting for multiple uncertain variables which directly alter the region&rsquo;s future energy demand. Net Zero Scenario: This scenario takes stock of current commitments from &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/climate-horizon-opportunities-for-a-greener-world-in-the-middle-east_681159.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,408,436,412,445],"tags":[],"class_list":["post-681159","post","type-post","status-publish","format-standard","hentry","category-Business","category-Electronics-Semiconductors","category-India","category-News-Current-Affairs","category-Public-Affairs"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/681159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=681159"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/681159\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=681159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=681159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=681159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}