Energy Transition

Energy transition refers to the significant shift in the energy system from traditional fossil fuel-based sources (such as coal, oil, and natural gas) to renewable and sustainable energy sources like solar, wind, hydroelectric, and geothermal power. This process encompasses changes in energy production, distribution, and consumption aimed at reducing greenhouse gas emissions, enhancing energy efficiency, and promoting sustainable practices. Energy transition is influenced by technological advancements, policy frameworks, economic factors, and societal shifts towards environmental awareness. It seeks to create a low-carbon energy system that supports economic growth while addressing climate change and reducing dependence on finite and polluting energy resources. The transition is often seen as a crucial step in achieving global climate targets, improving energy security, and fostering innovation in energy technologies.