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Net Zero World Initiative: Net Zero World COP28 Program Highlights

The Net Zero World initiative, a U.S. flagship program launched at COP26, is designed to support countries in accelerating transitions to clean energy systems. Combining expertise from 10 U.S. Department of Energy laboratories and 9 U.S. government agencies, Net Zero World collaborates with governments in Argentina, Chile, Egypt, Indonesia, Nigeria, Singapore, Thailand, and Ukraine to fortify net-zero pathways, advance implementation of priority actions, and mobilize significant investment in clean energy projects and infrastructure, targeting $10 billion by 2025. This fact sheet highlights program impacts to be presented at COP28.

decarbonization↗

Net Zero World 2024 Achievements

Net Zero World, launched at COP26, aims to expedite the transition to clean energy systems worldwide. This report details Net Zero World's achievements in 2024. Leveraging expertise from ten U.S. Department of Energy national laboratories and nine federal agencies, Net Zero World has provided specialized technical support and energy modeling to eight partner countries: Argentina, Chile, Egypt, Indonesia, Nigeria, Singapore, Thailand, and Ukraine.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

The Net Zero World Initiative’s Preliminary Analysis of Decarbonization Pathways for Five Countries

Under the Net Zero World Initiative, the United States is mobilizing the capabilities of nine U.S. government agencies, led by the U.S. Department of Energy (DOE), to partner with philanthropies and multiple countries to cocreate and implement tailored technical and investment pathways to accelerate the decarbonization of global energy systems. In addition, 10 of the DOE national laboratories have built a consortium housed in the Net Zero World Action Center to implement this vision by providing the deep analysis and modeling required to carry out the vision. As a whole-of-government program, the Net Zero World Initiative partners with countries committed to raising their climate ambitions by creating and implementing highly tailored, actionable technical and investment strategies that put a net-zero world within reach. The initiative enables country partners to harness the convening power and technical expertise of U.S. agencies and laboratories, international industry, and technical institutions while providing the United States an opportunity to learn from and deepen U.S. technical cooperation with key countries. This report is the first of a series, with future Phase II work being informed by ongoing consultations with the partner countries to address country pathway analysis priorities. This future work will likely include evaluating detailed technological, policy, and investment options for key sectors and for energy systems holistically. This analysis may examine in greater detail the economic and social benefits of net-zero energy transitions, including quality jobs and health outcomes, the impacts of price and supply volatility on energy investments and decisions, the risk of stranded assets, and related issues.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Net Zero World Initiative: Accelerating Global Energy System Decarbonization

The United States, partner countries and philanthropies are joining forces to accelerate the transition to clean, secure energy systems and build a Net Zero World. The Net Zero World Initiative leverages expertise across U.S. government agencies and Department of Energy (DOE) national laboratories, in partnership with other governments and philanthropies, to accelerate the decarbonization of global energy systems. This whole-of-government approach supports countries committed to raising their climate ambitions by creating and implementing highly tailored, actionable technical and investment strategies that put net zero within reach. The Net Zero World Initiative enables country partners to harness the power and technical expertise of U.S. and international industry, think tanks, and universities.

clean energy investment strategies↗

Net Zero World COP28 Outcomes Report – Indonesia

This report describes Net Zero World Initiative activities initiated with Indonesia in 2023. The Net Zero World Initiative is a collaborative effort of eight countries, nine U.S. government agencies, 10 U.S. Department of Energy (DOE) national laboratories, and partnering philanthropies and nongovernmental organizations. Its goal is to elevate and enact climate ambition pledges and accelerate the transition to net-zero, resilient, and inclusive energy systems globally. The Net Zero World team, the Government of Indonesia’s Ministry of Energy and Mineral Resources (MEMR), and other stakeholders jointly identified and are advancing action in the four priority focus areas -- Energy Infrastructure Analysis, Island Energy Transition, Building Decarbonization, and Sustainable Transport.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

The Net Zero World Initiative

The U.S. is committed to working with countries all over the globe to accelerate clean climate goals from ambition to action, and the Net Zero World Initiative is the latest example of our dedication. The Net Zero World Initiative is uniquely positioned to achieve rapid global energy decarbonization. It will partner with countries to help them implement climate ambition pledges and accelerate global transitions to net zero, resilient, and inclusive energy systems. The Net Zero World Initiative Will Harness Unique USG and Lab Assets in Partnership with Philanthropies. Scale-up and goals listed.

accelerate↗

The Net Zero World Initiative’s Preliminary Analysis of Decarbonization Pathways for Five Countries. Executive Summary

Under the Net Zero World Initiative, the United States is marshalling the forces of nine U.S. government agencies, led by the U.S. Department of Energy, to partner with philanthropies and multiple countries to cocreate and implement tailored technical and investment pathways to accelerate the decarbonization of global energy systems. In addition, 10 of the DOE national laboratories have built a consortium housed in the Net Zero World Action Center to implement this vision by providing the deep analysis and modeling required to carry out the vision.

54 ENVIRONMENTAL SCIENCES↗

Updating Nuclear Energy Cost Estimates for Net Zero World Initiative

Energy modeling of decarbonized scenarios in integrated energy systems requires nuclear energy parameters that are critical for forecasting, modeling and cost structure analysis. Using updated real-world data has always been a challenge to estimate current nuclear reactors costs and deployment scenarios. Given this, an updated set of parameters for overnight capital costs and operation and maintenance costs are estimated for the Net Zero World initiative using recent reports that provided a vast set of open sources data inputs. This paper follows the methodology developed in the Net Zero World report and applies the new ranges estimated in the Gateway for Accelerated Innovation in Nuclear report that address many of the current challenges in obtaining accurate cost data for advanced nuclear concepts. The final goal is to provide new estimates of the overnight capital costs and operational costs for different countries. The present paper improves the earlier capital cost estimations, building on recent literature that aims to obtain accurate data for modeling and simulation to enhance energy system evaluations and support decision-making in areas like de-carbonization and capacity expansion. Finally, the paper compares the new cost estimates with the old cost results.

11 - NUCLEAR FUEL CYCLE AND FUEL MATERIALS↗

Nuclear Energy Cost Estimates for Net Zero World Initiative – 2024 Update

This report provides recommended parameters for incorporating nuclear energy systems into decarbonization modeling scenarios. The values are primarily intended for the Net Zero World (NZW) Initiative but are expected to prove useful to other related efforts. Both costs and operational metrics are provided in the study for large reactors and small modular reactors (SMR).

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Nuclear Energy Cost Estimates for Net Zero World Initiative

This report provides recommended parameters for incorporating nuclear energy systems into decarbonization modeling scenarios. The values are primarily intended for the Net Zero World (NZW) Initiative but are expected to prove useful to other related efforts. Both costs and operational metrics are provided in the study. Several cost factors, namely overnight capital costs (OCC) and operational costs are taken to be country specific. OCC is defined as the value of building the reactor in one night considering all costs prior to the start of operations including fuel for the initial core load. The value assumes the build is neither a first nor a ‘Nth’ of a kind, but somewhere in between. All costs are escalated to 2022 USD values.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Assessment of Regional Interconnections to Meet Southeast Asia's Renewable Energy Targets: Phase I of the Singapore – U.S. Collaboration

This report summarizes the results of a study of long-distance subsea electrical interconnections in Southeast Asia, conducted under the first phase of the Singapore-U.S. collaboration under the Net Zero World Initiative. In Phase 1, the Net Zero World team evaluated the current state of the renewable energy landscape in Southeast Asia; developed an open-source capacity expansion model using GridPath and evaluated several future scenarios including changes in interregional transmission; explored the technical feasibility of regional subsea interconnectors; and estimated socio-economic benefits of expanded regional transmission.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Catalytic Processes to Accelerate Decarbonization in a Net-Zero Carbon World

Reducing carbon dioxide emissions is one of the critical challenges to mitigate global climate change, which is having detrimental impacts on society and the environment. Fossil fuel combustion in transportation, power generation, and industrial processes is the dominant contributor to carbon emissions. Over the past decades, sustainable solutions and strategies have been investigated and developed to enable decarbonization. Catalysis plays an essential role to address this global challenge by increasing energy efficiency, reducing carbon emissions, capturing carbon dioxide, and utilizing clean energy sources to displace fossil fuels. In this Review, the role of catalysis in reducing energy demand was discussed, enhancing process efficiency, displacing carbon-intensive feedstocks and products, and therefore, reducing carbon emissions. Here, recent advances in catalyst development were summarized, focusing on applications to enhance industrial processes efficiency and enable utilization of clean energy sources. Emerging approaches in catalysis were reviewed, including the manufacture of iron and steel, direct air capture of CO 2 , production of ethylene, ammonia, and sustainable aviation fuels, plastic recycling, and the synthesis of biobased plastics. The Review was concluded with suggested research directions to achieve a carbon net-zero world.

36 MATERIALS SCIENCE↗

COP28 Outcomes Report: Executive Summary

Net Zero World, launched at COP26, is a flagship U.S. effort to partner with countries in accelerating transitions to clean energy systems. This initiative brings together world-class experts and resources from 10 U.S. Department of Energy national laboratories and nine U.S. government agencies. Collaboratively, they work with technical and government representatives from Argentina, Chile, Egypt, Indonesia, Nigeria, Singapore, Thailand, and Ukraine to advance decarbonization in these economies.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Clean Energy for the Battery-to-EV Supply Chain: A Roadmap for Indonesia - Summary Brief

Indonesia has a unique opportunity to support the clean energy transition, enhance energy security, and spur economic growth with local battery manufacturing, bridging from the material supply all the way to pack designs and, ultimately, the manufacturing of electric cars. Following the elevation of United States and Indonesia relations to a Comprehensive Strategic Partnership, leaders of both countries highlighted the importance of Net Zero World support for Indonesia's energy transition, including collaboration on low-carbon battery supply chains. In support of this agreement, Net Zero World has partnered with Indonesia's Ministry of Energy and Mineral Resources and other Indonesian partners to chart actionable steps for establishing a clean, resilient battery supply chain and circular economy. This partnership aims to position Indonesia as a regional leader in clean energy and can help attract investment in the domestic battery and electric vehicle (EV) sectors.

batteries↗

Fossil Fuel Transitions Framework: Case studies of the decision-making process for energy and economic development pathways

The Net Zero World Initiative leverages expertise across U.S. government agencies and the U.S. Department of Energy’s (DOE) national laboratories, in partnership with other governments and philanthropies, to accelerate the decarbonization of global energy systems. This whole-of-government approach supports countries committed to raising their climate ambitions by co-creating and implementing highly tailored, actionable technical and investment strategies that put just and sustainable net-zero solutions within reach. The Net Zero World Initiative enables country partners to harness the convening power and technical expertise of U.S. and international industry, think tanks, and technical institutions.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Cost-Benefit Analysis For Indonesia Building Sector: Whole-Building Cooling Solutions

The Net Zero World (NZW) Initiative Collaborative Work Program with the Government of Indonesia (GoI) includes technical assistance and investment mobilization facilitation to accelerate deployment of energy efficiency technologies and solutions for the building sector. A February 2023 U.S.–Indonesia Joint Workshop on Decarbonizing the Building Sector yielded a NZW Indonesia Building Decarbonization Working Group (NZW IBDWG) with four sub-working groups (SWG): SWG-A National Center, SWG-B Capacity Building, SWG-C Investment and Financing, and SWG-D Pilot Projects. Technical analysis of whole-building cooling solutions for tropical climates of Indonesia was conducted by SWG-A to quantify energy savings, carbon dioxide reductions, and comfort improvements offered by 12 passive or low-energy cooling strategies: ceiling fans with and without thermostat setbacks; cool roofs; cool walls; exterior awnings; exterior shades; interior shades; insulated roofs; insulated walls; low-e windows; solar window films; and natural ventilation. Leveraging the results from SWG-A, cost-benefit analysis (CBA) was conducted by SWG-C to assess the consumer and national costs and impacts associated with these 12 cooling solutions. The evaluation involved estimating life-cycle costs (LCC), payback period (PBP), net present values (NPV), annual electricity burden change for low-income households, and reduced national annual power-sector generation demand by 2030, 2040, 2050, and 2060. This evaluation can help guide Indonesia’s Just Energy Transition Partnership (JETP) investments in policies and programs to advance research, development, deployment, and commercial adoption (RDDCA) of efficient residential building sector cooling technologies and solutions in Indonesia. Four key energy conservation measures (ECM) have been identified to reduce air-conditioning (AC) energy demand in single-family housing in Indonesia: ceiling fan with temperature setback (to 28.1 °Celcius from 25 °C); insulated walls; insulated roof; and cool roof. This study found that low-income households with AC installations in Indonesia currently face a high energy cost burden of approximately 10%. However, by implementing a ceiling fan with temperature setback, this burden could decrease to 2.5% today and further reduce to 1.3% by the year 2060. The PBP for a ceiling fan with temperature setback is one year, indicating one of the lowest LCC and best NPV. In the planned upcoming phase of CBA, a series of building cooling improvement scenarios can be further defined, incorporating more than one ECM in combination with socio-economic factors evaluated in the initial CBA phase. Additionally, the analysis of ECM effects in multifamily housing can be expanded. This broader national analysis aims to encompass a holistic and comprehensive system-level perspective, including factors such as avoided power sector infrastructure investments, domestic job creation, domestic manufacturing job creation, and gross domestic product (GDP) growth.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗