Cities are the main consumer of energy and the main source of C02. They produce 70% of the emissions and without the energy transformation this would double because by the middle of the century, 70% of the world’s population will move to large cities.
Fortunately, green energy has managed to be an important competitor for traditional energies. It has managed to grow exponentially thanks to its competitive prices and the technology that has made its production cheaper. This will bring important environmental benefits, which will also benefit the global economy. It is expected to reduce energy poverty in some regions that currently do not have access to this resource.
However, the big cities will continue to rule and by 2030, the 50 largest cities in the world will increase in wealth, affecting international politics. Therefore, changes and geopolitical consequences that affect the energy industry are expected.
New agreements will be created in order to share and move resources from one region to another. Therefore, it is necessary to take into account the possibility of creating international conflicts or affecting the economic stability of different countries. This is why the creation of government policies is essential to maintain control and avoid problems as much as possible.
These policies will help ensure that the operations of the different power plants are adequately regulated, that there is good management of them and that, therefore, the outlook is ideal for investment. To achieve this, the political and private sectors must work together.
