Several approaches to limiting CO2 emissions have been investigated and implemented over the years. Renewables are estimated to be cost-efficient within the next decade to provide >50% of the world's electricity demand when compared to fossil-based power generation. This change would also mean complimenting the shift which is happening in the electrification of the existing industrial processes. This paradigm shift of electrification can be achieved in a step-by-step manner, beginning with the electrification of low (< 100 °C) to medium (100-500 °C) heating applications, and then eventually to the high (> 500 °C . . .
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