The opportunity is now. As we rebuild our economy post Covid-19, there is a clear and pressing opportunity to invest in our transition from fossil fuels. Failure to take this opportunity poses risks to our future economy and the acceleration of changes to our climate.
Local energy systems will involve energy consumers becoming generators themselves. To be cost-effective they will use local generation, smart technology and storage solutions to balance demand and supply. The closer the energy is generated to where it is used, the less will be lost through transmission. Rapid investment in energy efficiency measures, which reduces the amount of energy we consume, will enable us to reduce their size and cost.