Recording of Wednesday, June 19, 2024 | The smarter E Europe | Opening Session | Language: English | Duration: 88:21 .
The provided video highlights the importance and urgency of transitioning from fossil fuels to renewable energy, emphasizing the integration of power, heat, and transportation sectors. It outlines the mission and objectives of The smarter E in Munich, which brings together stakeholders from various industries to discuss and drive forward this transformation. Zackes Brustik introduces the conference by acknowledging participants from diverse regions such as Romania, Italy, Barbados, signaling broad international interest in renewable energy. Markus Elsässer then takes over to underscore recent achievements: record growth in renewables in 2023 including solar installations and electric vehicles on roads leading potentially to a decline in CO2 emissions. He reiterates that while progress is promising—like growing electricity storage systems—the transition demands further flexibility through grid digitalization and intelligent system integrations like heat pumps. Markus Elsässer calls for tailored financing options and streamlined permitting processes as crucial for accelerating an integrated energy system harmonious with renewable expansion. The conference will cover these topics extensively through discussions, exhibitions featuring over 3000 exhibitors from 56 countries (a significant increase), culminating with an award ceremony recognizing innovative products.
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This is the beginning of the end of the fossil fuel era, explained UN Climate Change Executive Secretary Simon Stiell at the United Nations Climate Change Conference in Dubai last December. For the first time, the world community agreed to"transition away from fossil energy carriers" in order to limit the global temperature rise to 1.5° Celsius, sending a clear signal - also to investors. With a record deployment of 473 gigawatts of renewableenergy sources in 2023, we're on the right track, but we need to move faster, especially when it comes to expanding the required infrastructure such as grids, storage systems, and e-mobility. We will need sustainable solutions on all grid levels and in all sectors to meet the challenges of a renewable 24/7energy supply. How can the energy industry become climate neutral asquickly as possible? What challenges are utilities facing and how can they overcome them? Join us at our opening session, allow yourself to be inspired, and motivated to work towards a fossil fuel-free world!