How is the Energy Transition really going? I feel like a broken record, but the same items continue to come up regarding the Energy Transition. 1. The Energy Transition is really hard! It is the largest challenge humans have attempted. It will take much longer than advertised and to avoid a chaotic start it will involve a period of both/and investment in both hydrocarbon and low/no carbon energy solutions. We are very much in the both/and stage right now. 2. Permitting impediments and delays may be the single largest factor delaying the pace of the Energy Transition. As this article outlines, the inability to permit and build transmission faster is the main source of delay for low/no carbon energy generation. It is not "if you build it, they will come." It is "if you build it, they are waiting." Let's admit the grand challenge of this endeavor. Let's admit a period of both/and investment in all forms of energy is needed. Let's admit that permitting reform is the highest weed in the yard. https://lnkd.in/eJgwZ7Gu
Brett Vogt, P.E.’s Post
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If you're depressed about the #climatecrisis, take 3 minutes to read this article. In just 4 years, electric car sales worldwide have gone from 1 in 20, to now about 1 out of 5. And ... "It is now cheaper to build onshore wind and solar projects than new fossil fuel plants almost everywhere worldwide." Hope. #sustainabilityopportunity #energytransition
How we know the energy transition is here - Cipher News
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A very informative and encouraging piece to read. Amy Harder argues that we are making good progress towards clean energy and that the tipping point may have arrived, though this is hard to see. Some interesting nuggets in here: - “In 2020, around one in 25 cars sold worldwide were electric; just a few years later, in 2023, it was one in five,” wrote Fatih Birol, executive director of the International Energy Agency. - “It’s now cheaper to build onshore wind and solar power projects than new fossil fuel plants almost everywhere worldwide,” Birol wrote. - wind produced more electricity than natural gas in the European Union last year, a trend we’re seeing to varying degrees in the United States and in other parts of the world with similarly developed economies. There is still a long way to go, the road ahead will have its twists and turns and there could be setbacks to come, but these statistics argue for not underestimating the impact that social movements, advocacy and public pressure can have on the direction the world takes. Personally, I hope that technology can play a bigger role in enabling this transition while minimizing the impact on growth and livelihoods. In particular, I hope for more research and experimentation in the field of geo-engineering (both carbon removal and solar reflection). #Greentransition #cleanenergy #renewables #renewableenergy https://lnkd.in/gtQFxQGx
How we know the energy transition is here - Cipher News
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Is it possible to summarise an 80+ page energy transition report in just one sentence? Probably not, but let’s try: The energy transition can’t be stopped, but it’s pace can be delayed. That is the essence of our Green Transition Scenarios 2024 (formerly Low Emissions Scenario), launched today by Statkraft. To go into some more detail, though, here are some projections I think may or may not suprise some: 1. Eg. The projected 13x growth of collective power output of wind and solar by 2050 in the Green Transition Scenario is truly massive, explained by significant cost declines amongst other drivers 2. And even in a less climate optimistic scenario, where geopolitical tension and political fragmentation are factors delaying the transition, renewables grow manyfold the coming twentyfive years 3. The report also shows how electrification in transportation, buildings and industries not only can reduce emissions, but also provide more affordable energy and reduce total energy use. It goes without saying that reports of this detail and thoroughness don’t appear from thin air. My colleague Mari Grooss Viddal deserves huge credit for her diligent and professional work as lead author. I’d also like to thank Arne Lind, Elen Alstadheim, Espen Bakken Waagø-Wiborg, Heidi Pegill Haugstad, Manus Pandey, Tord Hustveit and Yuyu Chen in addition to many other colleagues who have contributed their deep expertise from across the company, and across the world. And after all that, I would obviously strongly encourage you to read the report for yourself, and of course make up your own mind on whether you agree or disagree with our projections: https://lnkd.in/dMKvja9n.
Green Transition Scenarios 2024 | Statkraft
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Quite an interesting article: "Resilience of renewable power systems under climate risks" It examines ways to use distributed renewables to build microgrids that are resistant to climate change. It explores technical solutions like advanced inverters, energy storage, and data sharing across sectors to optimize energy use and plan for a future impacted by climate change "Key points: - Large-scale integration of environment-dependent renewables coupled with intensifying climate extremes introduces superimposed risks on future net-zero power systems, expected to increase the frequency of severe power outages. - High-penetration renewable power systems under climate change may face escalating challenges, including more severe infrastructure damage, lower grid inertia and flexibility, and longer post-event recovery. - Achieving a climate-resilient power system in a net-zero future requires approaches for harnessing the inherent potential of distributed renewables through forming microgrids." https://lnkd.in/dNHd6cUT
Resilience of renewable power systems under climate risks - Nature Reviews Electrical Engineering
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The balance between meeting increasing power demand and meeting greenhouse gas emission/ carbon-intensity reduction targets by reducing fossil-fuel electricity generation with renewables and battery storage is challenging, but achievable. Lots of takeaways here, but one thought in the article stands out - "To be fair, there are real barriers to speeding up what is already a rapid U.S. clean energy buildout" - this is the issue to get to scale, especially in the regions of the country that are experiencing exponential population, manufacturing, and industrial growth. That said, demand-side management programs need much more attention and dedicated resources. Canary Media Inc. Sierra Club Edison Electric Institute NRECA
Booming power demand is slowing climate progress for US utilities
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BILL & MELINDA GATES FOUNDATION gatesfoundation.org TCI GALLERY SPRING 2024 THEMES: Tenri.org CRYPTOCURRENCY CAPITALISM'S BEST*END HOMELESS. https://lnkd.in/e55sRd8b CRYPTO-FINANCE & WHAT'S ON THE TABLE. MR. MS. TEEFEY & SELENA GOMEZ-Rare-SuperStar WonderMind.com*SelenaGomez.com I ABSOLUTELY SEE NOTHING WRONG WITH CRYPTOCURRENCY. I CAN UNDERSTAND WHY THE INFANT DEMOCRATIC-CAPITALISTIC MINDS OF TODAY BLAME THE USA GOVERNMENT. THAT SAID THEN IS ANY GOVERNMENT TO BE BLAMED FOR THE HOMELESS PROBLEMS PLAGUING THE WORLD.?... NO. GOD KNOWS ALL THE HEADACHES USA GOVERNMENT HAVE WITH THE FOREIGN AFFAIRS. THE NEW WORLD IS PRACTICALLY A SHOCK TO WITNESS. PEOPLE "ONLY WORKING" TOGETHER FOR A COMMON GOAL... "IN THE PURSUIT OF HAPPINESS." THUS DOESN'T THAT ALSO INCLUDE THE HOMELESS. THE HOMELESS ARE OUT THERE... ARE YOU.? HOMELESS A OPPORTUNITY MISUNDERSTOOD..... The modern economic system is a market economy, which is a capitalist economy where people, not the government--NOT THE GOVERNMENT--own most businesses. In a capitalist economy, prices allocate capital and labor between competing uses, and capital assets like factories, mines, and railroads can be privately owned and controlled. https://lnkd.in/eB98Jnv9 GOOGLE. EXAMPLE, IF YOU NEED TO RAISE MONEY FOR ANY REASON OR MORE SO LETS SAY THE "HOMELESS" PROBLEM WHICH IS BELIEVED TO BE TIME & MONEY CONSUMING BUT IN ONE DIRECTION TOWARD THE HOMELESS. HOWEVER CRYPTOCURRENCY CAN POSSIBLE ALLOWS AN EXPENDITURE OF CURRENCY TO BENEFIT ALL WHO USES THE CRYPTO & REGARDLESS OF HOW IT'S CONSUMED. THEREFORE IF A CRYPTO "HOMELESS" CURRENCY EXISTED IT'S MORE HIGHLY LIKELY THAT THE HOMELESS PROBLEM CAN BE VANQUISHED BECAUSE CURRENCY-FINANCES IT'S ALWAYS AVAILABLE TO BE TAPPED INTO FOR HOMELESS RESOLUTIONS. THANK YOU FOR READING.
We’re at a critical shift in our energy transition—and the progress we’ve made reducing emissions and boosting clean energy has been significant.
How we know the energy transition is here - Cipher News
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📈 A New Surge in Power Use Is Threatening U.S. Climate Goals A recent New York Times article reported that America’s electricity demand, which remained stable for two decades, is now surging due to an explosion in data centers, manufacturing, and electric vehicles. This increase is straining electric grids and driving utilities to consider building new fossil fuel power plants, potentially undermining climate goals. 🌿 The Challenge: - Utilities in several states propose new gas plants to meet the rising demand. - Delays in renewable energy projects and infrastructure are exacerbating the issue. - Critics argue that utilities often overlook more efficient, sustainable solutions. 🔌 What’s Happening? - Data centers and factories require constant power, outpacing the growth of renewables. - Peak power demand is projected to grow significantly in the next five years. - Some states, like Texas, are rapidly expanding solar and wind power but face permitting challenges. 🌍 The Stakes: - Failure to address this surge with clean energy could jeopardize the nation’s decarbonization goals. - There's a need for innovative, less traditional solutions to meet demand without relying on fossil fuels. 💡 Dynamic Carbon Credits As we transition to renewable energy, carbon offsets can help mitigate the environmental impact. By supporting projects that reduce greenhouse gases, we can balance emissions from necessary fossil fuel use during this critical period. Let's push for a future where our energy needs are met sustainably. 💚 Contact Us: Ready to learn more about how carbon offsets can help your business reach its sustainability goals? Reach out to us today! 🌎📞 🔗 https://lnkd.in/eA9uaUCH #Sustainability #ClimateAction #RenewableEnergy #CarbonOffsets #CleanEnergyTransition #DataCenters #ElectricVehicles #EnergyDemand #ClimateGoals
A New Surge in Power Use Is Threatening U.S. Climate Goals
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We’re at a critical shift in our energy transition—and the progress we’ve made reducing emissions and boosting clean energy has been significant.
How we know the energy transition is here - Cipher News
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Energy transition should happen and it is happening, the trend is clearly visible 1.The energy transition is already happening, as evidenced by the increasing use of renewable energy sources. 2.The costs of renewable energy technologies are decreasing, making them more accessible and competitive. 3.Investments in clean energy projects are on the rise, indicating a growing interest in sustainable energy solutions. 4.These trends suggest a shift towards a more sustainable energy future. 5.The transition to clean energy is not only necessary for environmental reasons but also economically viable and beneficial.
We’re at a critical shift in our energy transition—and the progress we’ve made reducing emissions and boosting clean energy has been significant.
How we know the energy transition is here - Cipher News
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While I agree that an energy transition is somewhat urgent, this article is quite misleading. I've noticed an increasing trend that focuses excessively on three areas: wind, solar, and electric vehicles (EVs). Wind and solar primarily produce electricity, which only accounts for about 20-25% of global energy demands. Even if a country sources all its electricity from these two technologies, it barely impacts the 75-80% of energy needs that are predominantly met by fossil fuels. Amid the political and media enthusiasm for renewable energy, companies worldwide have built more solar farms than ever, significantly boosting the electricity supply. However, this hasn't been matched by an increase in electricity demand, leading to negative electricity prices across Europe and financial losses for many renewable energy firms. We seem to be waging a battle that isn't broadly demanded. I won't delve into the countless issues with EVs and the associated cobalt exploitation crisis. We need to value our fossil fuel resources more. It's essential to improve the efficiency of our power plants and focus on recycling gas, such as in biomethane production. It might not be as glamorous, but in my opinion, it's far more effective.
We’re at a critical shift in our energy transition—and the progress we’ve made reducing emissions and boosting clean energy has been significant.
How we know the energy transition is here - Cipher News
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