The global power sector could reach net-zero carbon dioxide emissions by 2060, according to a new report from the International Energy Agency (IEA).

Under the IEA’s 2DS scenario, the rise in global temperatures could be limited to 2C.

To achieve zero emissions, current technological innovations would need to be pushed “to the limit”, along with an “unprecedented” level of policy support.

At present, only three out of 26 forms of technology assessed by the report are on track to meet their long-term goals under the Paris Agreement.

Few technologies on track

Fatih Birol, Executive Director at the IEA, said: “As costs decline, we will need a sustained focus on all energy technologies to reach long-term climate targets.

“Some are progressing, but too few are on track, and this puts pressure on others."

“It is important to remember that speeding the rate of technological progress can help strengthen economies, boost energy security while also improving energy sustainability.”

> Download the report