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Records show that implementing
new energy technologies has
taken between 20 to 70 years
to progress from prototype to
commercialisation and gain at
least 1% of the national market,
refer Figure 13. However, with the
stiff targets for decarbonisation
in a relatively shorter span of
three decades, the entire cycle
of technology maturation,
commercialisation and market
adoption must be operated on a
much faster time scale. This will
require strong policy support, more
generous sharing of knowledge
and improving synergy between
different agencies.

Impact of COVID19 on
Energy Transition Figure – 13: Timespan for technologies to achieve market share
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The COVID19 crisis has
overshadowed the world economy Concluding Remarks
in much of 2020 and continues
into 2021, showing an appreciable In response to the Paris 2015 agreement, rapid changes are being
downfall in energy demand curves. witnessed globally, especially the way energy is used. Technology can
Studies project that growth to deliver solutions to combat global warming; however, the approach
pre-COVID19 levels may resume in requires careful selection and policy support. Engineering companies and
one to four years, but the growth expertise would help the industries in conducting detail energy transition
path would change. Demand for studies and framing suitable roadmap for adopting select technologies to
electricity and gas would register meet the given industrial process’s specific goals.
higher growth; oil demand would
rise at a slower rate while coal
demand would continue to fall
further. The increase of remote
working and travel reduction can
reduce oil demand by 2 million Authors
barrels per day by 2035.

The response to the pandemic crisis
has shown hope for a decarbonised Atul Choudhari
future for energy. Healthcare and Deputy Chief Technology Officer
economic stimulus support has been
swift, and the present scenario points Manos De - Senior General Manager
towards a contained spread of the
virus and returns to a growth path. Tata Consulting Engineers Limited (TCE)
The agile response to this black swan
event shows that appreciation of the
catastrophic scenario and supportive
policy decisions can implement
new technology on an accelerated
track. Applying this same concept
to the cause of energy transition can
achieve the desired decarbonisation
targets and meet the agreed
demand for climate change.

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