Yes, but energy density doesn't matter for most applications and the waste it produces is highly problematic.
Thats a chicken/egg peoblem. If enough renewables are build the storage follows. In a perfect world goverments would incentivice storage but in an imperfect one problems have to occure before somebody does something to solve them. Anyway, according to lazard renewables + storage are still cheaper than NPPs.
Slow, expensive, riddeled with corruption, long ago surpassed by renewables. Why should we use it?
Maybe you should read up on the topic and not just repeat baseless falsehoods.
That would be so nice...
Propagandist propagandizes.
More news at 11
Australia’s growing fleet of big battery projects are rapidly shifting their main revenue source from frequency control to arbitrage. Here’s why.
This looks exactly like I always imagined battery storage should look like, at least in a first step. Mid-sized batteries strategically distributed in the grid for frequency regulation/grid balancing.
Sweden's largest energy storage investment, totaling 211 MW, goes live, combining 14 sites.
Some critics argue that the prestige of the Prize in Economic Sciences derives in part from its association with the Nobel Prizes, an association that has often been a source of controversy. Among them is the Swedish human rights lawyer Peter Nobel, a great-grandnephew of Alfred Nobel.[40]
Nobel accuses the awarding institution of misusing his family's name, and states that no member of the Nobel family has ever had the intention of establishing a prize in economics.[41] He explained that "Nobel despised people who cared more about profits than society's well-being", saying that "There is nothing to indicate that he would have wanted such a prize", and that the association with the Nobel prizes is "a PR coup by economists to improve their reputation".[40]
No idea what you mean and not gonna read the ipcc report now.
Ok, bask in your american exceptionalism if you please.
Those data centers would soon be somewhere else due to... economics. And even if not, wouldn't be significant.
Maybe if you start heating your homes by burning car tires in your gardens. But otherwise, no. You are already so far behind the curve that economics really don't allow CO2 emission increases on a global significant level.
The world is not just the USA...
They don't even say that. They say emissions will peak which is en par with other institutions.
DNV has released it latest energy transition report, in which peers into the future on topics like peak oil and EV sales.
cross-posted from: https://startrek.website/post/15320326
DNV has released it latest energy transition report, in which peers into the future on topics like peak oil and EV sales.
A new report rom Fraunhofer ISE shows that the cost of PV systems in Germany is currently between €700/kW and €2,000/kW. The study also shows that the levelized cost of energy of solar-plus-storage spans from €0.06/kWh to €0.225/kWh.
As the UK closes its last coal power plant, almost all OECD countries are making progress on phasing out coal power, replacing it mostly with solar and wind.
Have you read the article? Hydrogen is developed... fast...
Ok, have it your way. Hydrogen Supply Outlook 2024: A Reality Check
The strategy is being implemented, infrastructure being build. Electrolysers and hydrogen ready NGs are planed and build. New NG infrastructure is hydrogen ready. What else are you expecting? Should things magically materialise?
Now you are getting away from arguments...
Well... It's the current strategy.
Also, the same could be said about NG [efficiency about 30%-55% and also a little bit flameable].
UK-based energy think tank Ember says it expects 593 GW of solar to be added throughout the world this year – 29% more than in 2023. It says 292 GW were installed by the end of July.
Während des Klimaprotests auf der Wiener Straße in Linz am 30. Juli wurden zwei Aktivist:innen von einem SUV angefahren und rund 15 Meter mitgeschleift und verletzt. Der Vorfall liegt der Staatsanwaltschaft Linz bereits vor.
A series of inquiries to residential PV installers has revealed a tough consolidation phase in Germany’s solar installation market. With an increasing number of installers offering solar arrays at very low prices, competition is intensifying as companies vie for fewer orders.
China’s National Energy Administration (NEA) says the country installed 102.48 GW of new solar capacity in the first half of 2024, bringing its total installed solar capacity to approximately 710 GW.
Eurelectric reports that, in the first half of the year, renewable energy accounted for more than half of Europe's power supply.
https://archive.ph/LWoov
Explore Electricity Generation by Fuel on Eurelectric's platform for EU countries along with Norway, UK and Switzerland. Discover the technologies shaping the energy landscape. Customize data by region and time. Visualise data and share it in social media. Download data for free
Eurelectric has released figures showing that 50 per cent of public electricity generation in the EU came from renewables for the first time in the first half of 2024.
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Eurostat has now released electricity data from 2023, and it shows that 44.7% of EU electricity production came from renewable energy sources last year!* Fossil gas (aka “natural gas”) production was down, a lot...
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Bernreuter Research: Low module price will fuel demand in the second half of the year Würzburg, Germany — Global photovoltaic (PV) installations will land in a range of 600 to 660 gigawatts-direct current (GWdc)...
According to the International Energy Agency (IEA), more money is being invested in solar power than in all other sources of electricity combined.
cross-posted from: https://lemmy.world/post/16239452
> IEA: Clean energy investment to reach $2 trillion in 2024 > > According to the International Energy Agency (IEA), more money is being invested in solar power than in all other sources of electricity combined. > > > Global investment in clean energy will reach $2 trillion (€1.84 trillion) this year, twice the amount invested in fossil fuels, according to the International Energy Agency (IEA). > > "For every dollar going to fossil fuels today, almost two dollars are invested in clean energy," said IEA Executive Director Fatih Birol. > > Clean technologies include renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. > > Meanwhile, total energy investment is expected to exceed $3 trillion for the first time in 2024, the agency said in its annual World Energy Investment report. > > In 2023, combined investment in renewable electricity and grids surpassed the amount spent on fossil fuels for the first time. >
cross-posted from: https://lemmit.online/post/3086311
> In the first five months of 2024, 87% of the electricity consumed in Portugal was green > > ##### This is an automated archive made by the Lemmit Bot. > The original was posted on /r/worldnews by /u/randolphquell on 2024-06-03 14:23:58+00:00. >
cross-posted from: https://futurology.today/post/1609274
> Future energy demand does not need new fossil fuels, study says > > Energy groups did not need to develop any new oil, gas and coal projects to meet future demand, an academic paper says, at a time when rhetoric over the role of fossil fuel companies in addressing climate change is escalating. > > Researchers from University College London and the International Institute for Sustainable Development studied projected future global demand for oil and gas production, and for coal- and gas-fired power generation, under a range of scenarios that limit warming to 1.5C above pre-industrial levels. > > In all of the scenarios, which are all taken from the UN’s Intergovernmental Panel on Climate Change’s (IPCC) Sixth Assessment Report, existing fossil fuel capacity is enough to meet the world’s energy demands, it concludes. > > The study is the first peer-reviewed paper published in a scientific journal to argue that no more fossil fuel projects are needed as renewable energy sources take up the demand, and expands on the findings produced in 2021 by the International Energy Agency. > > The IEA said energy groups must stop all new oil and gas exploration projects if the world was to reach net zero emissions by 2050, and limit global warming to 1.5C degrees. > > Greg Muttitt, a senior associate at IISD, said the research drew on “a large range of scientific evidence . . . But its message to governments and fossil fuel companies is very simple: There is no room for new fossil fuel projects in a 1.5°C-aligned world.” > > “Achieving the Paris Agreement goals means governments need to stop issuing permits for new fossil fuel exploration, production or power- generation projects,” said Muttitt. > > Almost 200 countries agreed to limit global warming to 1.5C above pre-industrial levels as part of the Paris Agreement in 2015, with many countries setting targets to reach net zero emissions by 2050. > > The oil and gas industry has repeatedly pushed back against the IEA, including its forecast that demand for fossil fuels will peak before 2030. > > “I don’t think they’re remotely right,” the chief executive of oil producer Chevron told the Financial Times last October. “You can build scenarios, but we live in the real world, and have to allocate capital to meet real world demands.” > > Last December, countries reached an agreement as part of the UN’s COP28 climate summit to transition away from fossil fuels in an attempt to reach global net zero emissions by 2050. > > The text asks all countries to set “ambitious” emissions targets over the next two years that take into account their fossil fuel use, in an effort to limit global warming to 1.5C above pre-industrial levels. The rise in temperature is at least 1.1C. > > A cut in greenhouse gas emissions by about half by 2030 is required to limit warming, with the burning of fossils fuels being the biggest contributor. However, according to scientists at Nasa, emissions from fossil fuel are still rising. Emissions rose 1.1 per cent in 2023 compared with 2022.
Bidding has been launched in a 6-GW tender for renewable energy capacity in Australia, the country’s largest single auction of this kind, while a solicitat
