Fossil Fuel Transition Strategies
Summary
The document outlines the role of fossil fuel transition strategies in shifting power sectors toward clean energy, driven by the fact that renewables are now the lowest-cost power source for most countries. It examines how utilities and governments are utilizing new financing and reinvestment opportunities to transition coal fleets and limit new gas infrastructure while mitigating impacts on ratepayers.
Key insights
- Renewable energy has become the most cost-effective method for reliably powering the economies of most nations, surpassing coal and gas. This cost advantage was further intensified by fossil fuel price volatility caused by Russia's war in Ukraine.
- To facilitate the transition of coal fleets and reduce the construction of new gas infrastructure without harming customers or ratepayers, governments and utilities are employing new reinvestment and financing opportunities.
Cite the original document
- APA
- RMI (2022). Fossil Fuel Transition Strategies. https://rmi.org/resources/global-energy-transformation-guide-fossil-fuel-transition-strategies/
- Chicago
- RMI. Fossil Fuel Transition Strategies. 2022. https://rmi.org/resources/global-energy-transformation-guide-fossil-fuel-transition-strategies/.
- Wikipedia
- {{cite report |author=RMI |title=Fossil Fuel Transition Strategies |date=3 November 2022 |url=https://rmi.org/resources/global-energy-transformation-guide-fossil-fuel-transition-strategies/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{rmi2022fossil, author = {{RMI}}, title = {{Fossil Fuel Transition Strategies}}, institution = {RMI}, year = {2022}, month = nov, url = {https://rmi.org/resources/global-energy-transformation-guide-fossil-fuel-transition-strategies/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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