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FED:Australia, Turkey launch ambitious electrification goal

Boosting electricity's contribution to world energy needs from 20 per cent to 35 per cent features in a Turkey-led COP31 action agenda supported by Australia in its negotiations role.

The proposed 35 per cent increase by 2035 goal would be reached by building owners installing heat pumps and households swapping to electric cars to cut reliance on oil and gas for energy.

Paired with solar, wind and hydro electricity generation, electrification is broadly considered a cheap pathway to reduce greenhouse gas emissions for most sectors, with some exceptions.

Based on analysis from the International Energy Agency and the International Renewable Energy Agency, boosting the share of final energy demand met by electricity is designed to keep the world on a path consistent with limiting warming to 1.5C above pre-industrial levels.

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