Friday, July 1, 2022

The Hill: "No miracle tech needed: How to switch to renewables now and lower costs doing it"

"The world is experiencing unprecedented fuel price increases, energy blackmail between countries, up to 7 million air pollution deaths per year worldwide and one climate-related disaster after another. Critics contend that a switch to renewable energy to solve these problems will create unstable electricity grids and drive prices up further. However, a new study from my research group at Stanford University concludes that these problems can be solved in each of the 145 countries we examined — without blackouts and at low cost using almost all existing technologies."
Continue reading the article on the report released

From the Opening of the report:

"Global warming, air pollution, and energy insecurity are three of the greatest problems facing humanity. Roadmaps are developed and grid analyses are performed here for 145 countries to address these problems. The roadmaps call for a 100% transition of all-purpose business-as-usual (BAU) energy to wind-water-solar (WWS) energy, efficiency, and storage, ideally by 2035, but by no later than 2050, with at least 80% by 2030. Grid stability analyses find that the countries, grouped into 24 regions, can exactly match demand with 100% WWS supply and storage, from 2050–2052. Worldwide, WWS reduces enduse energy by 56.4%, private annual energy costs by 62.7% (from $17.8 to $6.6 trillion per year), and social (private plus health plus climate) annual energy costs by 92.0% (from $83.2 to $6.6 trillion per year) at a present-value cost of B$61.5 trillion. The mean payback times of the capital cost due to energy- and social-cost savings are 5.5 and 0.8 years, respectively. "
Download and read the full report ->

No miracle tech needed: How to switch to renewables now and lower costs doing it
No miracle tech needed: How to switch to renewables now and lower costs doing it

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