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100% Renewable Electricity to Power the World by 2050? It's Happening, Study Says
By Alex Kirby
If you think a world powered by 100 percent renewable electricity—and significantly cheaper than today's—is an impossible dream, there's a surprise in store for you. A new study says it's already in the making.
A global transition to 100 percent renewable electricity, far from being a long-term vision, is happening now, the study says. It is the work of Finland's Lappeenranta University of Technology (LUT) and the Energy Watch Group (EWG), and was published at the UN climate change conference, COP23, which is meeting here.
The authors say a global electricity system based entirely on renewable energy will soon be feasible day in, day out, at every moment throughout the year, and would be more cost-effective than the existing system, based largely on fossil fuels and nuclear energy.
Current renewable energy potential and technologies, crucially including storage to guarantee a constant power supply, can generate sufficient secure power to meet the entire world's electricity demand by 2050, they argue. With political backing it could happen even sooner.
The total levelized cost of electricity—roughly, the average cost—for 100 percent renewable electricity in 2050 would be €52/MWh (approximately $68/MWh), compared with €70/MWh (approximately $92/MWh) in 2015.
There is no silver bullet in their approach. Their model—the first of its kind, they say—simply simulates the most efficient energy supply with an optimal mix of technologies and locally available renewable resources.
A transition to 100 percent renewables would bring greenhouse gas emissions in the electricity sector down to zero and drastically reduce total losses in power generation. It would create 36 million jobs by 2050, the study says, 17 million more than the sector has today.
"There is no reason to invest one more dollar in fossil fuel or nuclear power production," said EWG president Hans-Josef Fell. "Renewable energy provides cost-effective power supply.
"All plans for further expansion of coal, nuclear, gas and oil must be stopped. More investment needs to be channelled into renewable energies and the necessary infrastructure . Everything else will lead to unnecessary costs and increasing global warming."
"A full decarbonization of the electricity system by 2050 is possible for lower system cost than today, based on available technology. Energy transition is no longer a question of technical feasibility or economic viability, but of political will," said Christian Breyer, lead author of the study and professor of solar economy at LUT.
His last point has been made many times already. Nearly five years ago researchers said Australia could by 2023 rely entirely on renewable energy—if it could summon up enough political will.
In 2014 another study said it was only a lack of political determination that was preventing the world switching away from fossil fuels altogether. And earlier this year, in one of his last presidential statements, Barack Obama said he believed the U.S. was engaged in an "irreversible shift" to clean energy.
The world population is expected to grow from 7.3 to 9.7 billion people this century. Global electricity demand is likely to double by mid-century, from 24,310 TWh in 2015 to around 48,800 TWh by 2050. Because of their rapidly falling costs, solar photovoltaic (PV) power and battery storage increasingly drive most of the electricity system.
Global greenhouse gas emissions would be significantly reduced, the study says, from about 11 GtCO2eq in 2015 to zero emissions by 2050 or earlier, as the total LCOE of the power system declines.
The losses in a 100 percent renewable electricity system are around 26 percent of total electricity demand, compared with the current system in which about 58 percent of the primary energy input is lost.
The study is a challenge for policymakers and politicians, the authors say, as it refutes an argument frequently used by critics of renewable fuels—that they cannot provide a full energy supply on an uninterruptible basis.
Reposted with permission from our media associate Climate News Network.
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‘Companies Should Not Be Allowed to Use Hazardous Ingredients in Products People Use’: Michelle Pfeiffer Speaks Up for Safer Cosmetics
The beauty products we put on our skin can have important consequences for our health. Just this March, the U.S. Food and Drug Administration (FDA) warned that some Claire's cosmetics had tested positive for asbestos. But the FDA could only issue a warning, not a recall, because current law does not empower the agency to do so.
Michelle Pfeiffer wants to change that.
The actress and Environmental Working Group (EWG) board member was spotted on Capitol Hill Thursday lobbying lawmakers on behalf of a bill that would increase oversight of the cosmetics industry, The Washington Post reported.
By Julia Conley
Scientists at the United Nations' intergovernmental body focusing on biodiversity sounded alarms earlier this month with its report on the looming potential extinction of one million species — but few heard their calls, according to a German newspaper report.
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Of more than 1,000 registered voters surveyed on global warming, climate and energy policies, as well as personal and collective action, 38 percent said that a candidate's position on climate change is "very important" when it comes to determining who will win their vote. Overall, democratic candidates are under more pressure to provide green solutions as part of their campaign promises with 64 percent of Democrat voters saying they prioritize the issue compared with just 34 percent of Independents and 12 percent of Republicans.
President Donald Trump has agreed to sign a $19.1 billion disaster relief bill that will help Americans still recovering from the flooding, hurricanes and wildfires that have devastated parts of the country in the past two years. Senate Republicans said they struck a deal with the president to approve the measure, despite the fact that it did not include the funding he wanted for the U.S.-Mexican border, CNN reported.
"The U.S. Senate has just approved a 19 Billion Dollar Disaster Relief Bill, with my total approval. Great!" the president tweeted Thursday.
"There was a lot of devastation throughout the state," Governor Mike Parson said at a Thursday morning press conference, as NPR reported. "We were very fortunate last night that we didn't have more injuries than what we had, and we didn't have more fatalities across the state. But three is too many."