dc.description.abstract | Energy transition is a policy-driven process involving
a systematic global shift from fossil-based energy
production and consumption systems to carbon
neutrality, renewable, sustainable, efficient, secure, and
reliable energy systems (World Economic Forum, 2018).
The 2030 Agenda for Sustainable Development, Goal 7,
guides the global energy transition process advocating
for access to affordable, reliable, sustainable, and
modern energy sources for all. While energy transition
is a shared global concern, the progress and pathways
differ across countries and are driven by socio-economic
context, political economy, resource endowment,
and the priority sectors that require intervention
(International Renewable Energy Agency - IRENA,
2021). Tracking energy transition indicators provides
precise and comparable measurements for analysts
and policy makers to evaluate policy impacts and
implications (Yu et al., 2020). The critical energy system
performance dimensions for energy transition include:
1) economic development and growth; 2) universal
access; 3) reliable energy supply; and 4) environmental
sustainability (World Economic Forum, 2021).
11,620.7 Gigawatt hours (GWh) in 2019 to 11,603.6
GWh in 2020, due to reduced demand from large-scale
consumers during the COVID-19 pandemic. Therefore,
sustained electricity generation from renewable sources
enhances electricity contribution to GDP, and is therefore
a pivotal pathway to the energy transition. | en |