COP 27 – Implementation Labs

This Implementation Lab will showcase the renewable energy-based technology mix that will enable decarbonization of the global electricity system. We are at an unprecedented moment of cost-competitiveness, investment and technological maturity of grid-scale renewable energy. Primarily, the acceleration of renewable energy will focus on wind and solar power, which need to make up at least 40% of all global electricity generation under the Clean Power 2030 Breakthrough outlined by the UNFCCC Climate Champions and Race to Zero, in addition to storage technologies. This Lab will examine how wind-solar-storage based systems are scaling up in countries around the world, bringing together policymakers, supply-side industry and civil society to showcase the progress that has been made and the key roadblocks to scaling these systems by 2030.This is an interactive 90-minute workshop, which will begin with high-level remarks from keynote speakers, followed by a series of interventions on successful case studies of scaling clean power from government, energy agencies, the private sector, the investment community and civil society. Participants are then invited to engage in 35-40 minutes of breakout discussions and feedback on how to scale up renewable and storage-based systems within this decade.

Aims:

• Participants will come away from the Lab with policy, regulatory, economic and/or technological recommendations that can be applied at national level for accelerating deployment of large-scale renewables. This can include practical actions to speed up permitting, ensure regulatory stability through PPAs, incentivise cost reduction of long-duration storage systems and create procurement frameworks for hybrid systems.
• Participants will also reach a shared understanding the milestones that need to be reached during this decade (e.g. cost reduction for storage technologies, procurement timelines for hybrid projects) to achieve the 2030 Breakthrough.
• Participants will forge new connections across stakeholder groups to enable access to knowledge, data and learning, particularly with the private sector, and gain understanding of the available resources for support in accelerating large-scale renewables deployment.