Electrification for our future

On May 26, 2021, policymakers, technology developers, energy suppliers, business leaders and CEOs from the largest energy and utilities companies across the globe came together for the Global Sustainable Energy Partnership first-ever public and entirely virtual annual CEO meeting to discuss forging the path forward towards unlocking the benefits of beneficial electrification and unveil the findings of a customer-driven global independent study.

The voices of more than 100 sector leaders from transport, industry and building industries and representing 10 countries were featured guests in a series of live and pre-recorded panels and shedding light on the pace of electrification around the world and the underlying drivers and barriers.

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After examining the role of the USA and how its congress is rapidly bringing innovative technologies into the clean energy transition, the live dialogue Driving social advancement through the energy transition posited different points of view on achieving conditions for successful energy transition that guarantee long-term benefits for society. 

The conversation identified initiatives most helpful to accelerate electrification and move away from fossil fuels. Initiatives include increasing decarbonized and reliable electricity supply, improving electric solutions so that they are more economic and affordable and creating more incentive schemes and regulations that will further encourage transition.

Sector leaders and end users agree that the benefits of electrification are vast, from reduction of carbon footprint and decrease of local noise and air pollution, to improved energy performance and positive working environment and experiences. 

An important example is the e-Bus project in Lima, Peru. Launched in 2016 and implemented in 2019 under the leadership of GSEP member companies Hydro-Québec and Enel X, the project introduced an electric bus and charging infrastructure into Lima’s municipal transit system to evaluate e-bus viability and replicability. By collecting real time data, researchers analyzed costs, as well as operation, social, economic, and environmental benefits of transportation electrification, and thus were able demystify the e-bus technology for local policymakers, transit operators and riders. Giving support to the Peruvian government, the project has forged the path for electric mobility technology into Peru.