Energy Transition

Definition ∞ Energy Transition denotes a long-term structural shift in global energy systems from fossil fuel-based sources to renewable and sustainable alternatives. This transformation involves significant technological advancements, policy changes, and infrastructure development to reduce carbon emissions and combat climate change. The objective is to establish a more environmentally responsible and secure energy supply. This shift impacts various industries and economic sectors globally.
Context ∞ The energy transition is a prominent theme in global news, with implications for various industries, including those intersecting with blockchain technology. Discussions often center on the role of decentralized energy grids, carbon credit markets, and blockchain-based platforms for tracking renewable energy certificates. While cryptocurrency mining’s energy consumption has been a point of debate, innovations in green mining and renewable energy sourcing are also part of this larger transition. The movement toward cleaner energy sources presents both challenges and opportunities for digital asset projects focused on sustainability.