“We stand at a tipping point”: Wärtsilä calls for urgent action to enable more flexible power systems
Wärtsilä Corporation, Press release, 11 April 2024 at 8 AM EESTTechnology group Wärtsilä is calling for urgent action to enable more flexibility in power systems around the world, as we reach a crucial renewable energy tipping point. According to the IEA World Energy Outlook[1] the amount of renewables deployed globally is set to double by 2030, with inflexible generation forecast to decline rapidly, including a 20% reduction in coal and 34% reduction in oil generation, equating to over 2,300 TWh in lost generation. At COP28, the United Nations Framework Convention on Climate Change (