Wärtsilä report shows potential for G20 energy stimulus to accelerate energy transition towards renewable energy systems and economic recovery

Wärtsilä report shows potential for G20 energy stimulus to accelerate energy transition towards renewable energy systems and economic recovery

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A new report from global technology company Wärtsilä has revealed that the G20’s stimulus packages are weighted to support legacy energy systems; missing the opportunity to create jobs and accelerate the transition towards flexible, renewable-powered economies. Wärtsilä’s report - Aligning Stimulus with Energy Transformation – presents modelling of scenarios where the United States and the United Kingdom focus their current stimulus packages1 for energy on measures that accelerate the energy transition, aligning economic recovery with decarbonisation. In addition, the report provides viewpoints from Wärtsilä experts in a range of other G20 countries, including Germany, Australia and Brazil. The report analysis is founded on two key sources, Wärtsilä’s Atlas of 100% Renewable Energy, and the Energy Policy Tracker.
WärtsiläWärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2019, Wärtsilä’s net sales totalled EUR 5.2 billion with approximately 19,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.  

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