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Friday, 9 September 2022
HOW TO FIX THE UK ENERGY COST CRISIS
A very sensible and practical set of proposals from the GWPF.
typical climate denial fossil fuel promoting firm would do. Promote fossil fuels, and decrease RE expansion and energy efficiency investment. Energy efficiency is you best investment to not use energy.
Switching to heat pumps would be an excellent path to using less no fossil fuels for heating homes. Encouraging cooking with electric rather than cooking with gas. Encouraging driving electric rather than driving on fossil fuels.
We need inexpensive energy. I am afraid that wind and solar are too expensive and unreliable. There is no alternative to fossil fuels at the moment. Western governments are belatedly waking up to this, but it has already cost the people a lot. Wind and solar have a part to play, but we have allowed ourselves to think they can be used without any back up, which is very foolish.
The Hill Accelerating zero-carbon push could save globe $12 trillion: study
While switching to renewable energy sources is often framed as an expensive if necessary sacrifice, a new study suggests a transition away from fossil fuels will ultimately save the world’s economies trillions of dollars.
The study from Oxford University suggests that transitioning away from fossil fuels represents a “win-win-win,” researchers say, yielding bigger worldwide cost savings the faster it’s implemented.
“There is a pervasive misconception that switching to clean, green energy will be painful, costly and mean sacrifices for us all – but that’s just wrong,” lead researcher Doyne Farmer said in a statement.
A global transition from fossil fuels to renewables by 2050 would save the world’s economies a minimum of $12 trillion, according to the study published on Tuesday in the scientific journal Joule.
This is the future and its here now. I've been watching this for years now. In the United States solar and wind reached a point in the past where it was cheaper to tear down old coal plants and put up wind solar and batteries.
But prices of wind and solar energy have fallen far faster than those models predicted. To take one example, over the past 20 years the cost of solar energy has dropped twice as fast as even the most bullish models suggested.
Even in 2021, building new renewable wind or solar plants was cost-competitive with buying fossil fuels for an existing thermal plant, and sometimes cheaper, according to an analysis from BloombergNEF.
Renewables “will become cheaper than fossil fuels across almost all applications in the years to come. And, if we accelerate the transition, they will become cheaper faster,” Farmer said
Iowa has economical electricity with about 60% wind. A lot of countries have higher cost electricity and they usually balance it out with higher efficiency keeping their equivalent in cost, for instance Germany and the United States.
typical climate denial fossil fuel promoting firm would do. Promote fossil fuels, and decrease RE expansion and energy efficiency investment. Energy efficiency is you best investment to not use energy.
ReplyDeleteSwitching to heat pumps would be an excellent path to using less no fossil fuels for heating homes. Encouraging cooking with electric rather than cooking with gas. Encouraging driving electric rather than driving on fossil fuels.
We need inexpensive energy. I am afraid that wind and solar are too expensive and unreliable. There is no alternative to fossil fuels at the moment. Western governments are belatedly waking up to this, but it has already cost the people a lot. Wind and solar have a part to play, but we have allowed ourselves to think they can be used without any back up, which is very foolish.
ReplyDeleteJust read this today. This is a study right from your country's Oxford, England. Minimum of 12 trillion savings by 2050.
ReplyDeletehttps://news.yahoo.com/accelerating-zero-carbon-push-could-160306000.html?fr=sycsrp_catchall
The Hill
Accelerating zero-carbon push could save globe $12 trillion: study
While switching to renewable energy sources is often framed as an expensive if necessary sacrifice, a new study suggests a transition away from fossil fuels will ultimately save the world’s economies trillions of dollars.
The study from Oxford University suggests that transitioning away from fossil fuels represents a “win-win-win,” researchers say, yielding bigger worldwide cost savings the faster it’s implemented.
“There is a pervasive misconception that switching to clean, green energy will be painful, costly and mean sacrifices for us all – but that’s just wrong,” lead researcher Doyne Farmer said in a statement.
A global transition from fossil fuels to renewables by 2050 would save the world’s economies a minimum of $12 trillion, according to the study published on Tuesday in the scientific journal Joule.
This is the future and its here now. I've been watching this for years now. In the United States solar and wind reached a point in the past where it was cheaper to tear down old coal plants and put up wind solar and batteries.
ReplyDeletehttps://news.yahoo.com/accelerating-zero-carbon-push-could-160306000.html?fr=sycsrp_catchall
But prices of wind and solar energy have fallen far faster than those models predicted. To take one example, over the past 20 years the cost of solar energy has dropped twice as fast as even the most bullish models suggested.
Even in 2021, building new renewable wind or solar plants was cost-competitive with buying fossil fuels for an existing thermal plant, and sometimes cheaper, according to an analysis from BloombergNEF.
Renewables “will become cheaper than fossil fuels across almost all applications in the years to come. And, if we accelerate the transition, they will become cheaper faster,” Farmer said
In that case why has California got the most expensive electricity in the USA?
ReplyDeleteIowa has economical electricity with about 60% wind. A lot of countries have higher cost electricity and they usually balance it out with higher efficiency keeping their equivalent in cost, for instance Germany and the United States.
ReplyDelete