Decarbonization commitment

Decarbonizing the electricity generation mix is one of the key pillars for achieving climate goals. GSEP members are all committed to decarbonizing the electricity they generate.

As shown by the International Energy Agency’s scenarios, with current policies the reduction of the carbon intensity of the power sector is not proceeding fast enough to meet sustainable development goals. The combined carbon intensity of GSEP members’ generation is lower than the current world average and its percentage of low-emission* electricity is well above the world average.

Carbon intensity of THE power sector –
World historical and IEA scenario projections

0 100 200 300 400 500 600 2040 2030 2020 2010 2000 gCO₂/kWh Historical GSEP combined carbon intensity GSEP combined carbon intensity:250 gCO₂/kWh Current policies Stated policies Sustainable development CO₂ GSEP combined target: XXX gCO₂/kWh CO₂

Percentage of low-emission electricity* generation –
World historical and IEA scenario projections

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2040 2030 2020 2010 2000 GSEP combined low-emission generation:68% Historical GSEP combined low-emission generation Current policies Stated policies Sustainable development GSEP combined target: XX%

* Low-emission electricity: Electricity generated from nuclear power plants and renewable energy sources.

IEA Scenario definitions

Current policies shows what happens if the world continues along its present path.
Stated policies incorporates today’s policy intentions and targets.
Sustainable development maps out a way to meet sustainable energy goals, including the Paris Agreement goal to keep global warming well below 2°C.

Source: International Energy Agency, World Energy Outlook 2019

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