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Global Issues: State-Owned Power Companies and Utilities Drive Expansion of Renewable Energy Tripled

Achieving the goal of tripling renewables generation capacity by 2030, and more broadly decarbonizing the global electricity system, requires active SPCU involvement. Credit: Bigstock.
  • Opinion by Leonardo Beltran, Philippe Benoit (Washington DC)
  • Inter Press Service

This discourse, however, hides an important reality: much of the power sector is controlled by governments and their state-owned power companies and utilities (SPCUs). This is particularly true in emerging market and developing economies (EMDEs) where

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