Climate summit host Turkey proposes 2035 global electricity target

Turkey will seek to rally support for a global target for electricity to ‌meet 35% of the world's energy demand by 2035, aiming to cut fossil fuel consumption, the president of this year's global climate summit said on Tuesday.

The aim, which is part of Turkey's preparations to host the COP31 ​U.N. climate conference in November, would be to shift transport, heavy industries, and home ​heating away from running on oil, coal and gas, to instead use technologies ⁠like electric industrial furnaces, electric cars and heat pumps.

Currently, around 20% of the world's total energy ​demand is met by electricity. The rest comes mostly from fossil fuels, plus around 10% produced ​by biofuels and waste.

Turkish environment minister Murat Kurum, who will preside over the COP31 summit in Antalya, said the aim was to protect families and businesses from volatile energy markets, and that Turkey would seek to build ​a coalition of countries backing the commitment.

"We will also work closely with all countries, especially with ​developing economies, to help facilitate access to technical assistance, capacity-building, and financial support in line with this goal,” ‌Kurum ⁠said.

The electricity target would be voluntary, rather than a formal deal requiring support from the nearly 200 countries set to take part in COP31. Turkey will host the COP31 summit, while Australia will run the formal U.N. climate negotiations that are the centrepiece of the conference - an unusual set-up that was ​agreed after both countries ​bid to host the ⁠conference.

The Iran war's disruption to oil and gas markets is already speeding up electrification in some countries, with demand for electric vehicles surging in South ​Korea, Japan and Italy since the war began, as consumers seek to ​avoid higher ⁠prices at the petrol pump.

Electrification cuts greenhouse gas emissions by replacing direct fossil fuel use with electricity from low-carbon sources. Global electricity production is decarbonising faster than any other sector of the economy.

However, shifting ⁠to electricity ​is not a guarantee of cleaner energy. While countries ​like France and Sweden produce their electricity from emissions-free sources like nuclear and renewable energy, others like China and India ​generate a large chunk of their power using CO2-heavy coal.

-Reuters