Making renewable energy technology a global public good

For renewable energy technology to be a global public good – meaning available to all, and not just to the wealthy – it will be essential to remove roadblocks to knowledge sharing and technological transfer, including intellectual property rights barriers.

Essential technologies such as battery storage systems allow energy from renewables, like solar and wind, to be stored and released when people, communities and businesses need power. They help to increase energy system flexibility due to their unique capability to quickly absorb, hold and re-inject electricity, says the International Renewable Energy Agency.

Moreover, when paired with renewable generators, battery storage technologies can provide reliable and cheaper electricity in isolated grids and to off-grid communities in remote locations.

(Learn More: United Nations – Climate Action)

The good news is that the lifeline is right in front of us,” says UN Secretary-General António Guterres, stressing that renewable energy technologies like wind and solar already exist today, and in most cases, are cheaper than coal and other fossil fuels. We now need to put them to work, urgently, at scale and speed.”

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