100% New Energy Is The Only Option Left

‘There is no alternative to a world of 100% renewables’

Emiliano Bellini, October 17, 2018 (PV Magazine)

“Electrifying the global energy system with clean energy is the only way to reach the targets set by the Paris agreement on climate change and avoid the catastrophic scenarios outlined by the recent IPCC report…[A] 100% renewables model is not only technically feasible, but also the cheapest and safest option. With solar and storage at its core, the future energy system… will not only stop coal, but also nuclear and fossil gas, while seeing solar reach a share of around 70% of power consumption by 2050. By that time, PV technology could cost a third of its current price…[The findings of the United Nations’ Intergovernmental Panel on Climate Change (IPCC) report calling for urgent measures leaves] no other appropriate option…

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…[According to Lappeenranta University of Technology research, this] is not science fiction but a real world scenario that must be taken into serious consideration, unless we don’t want to commit a collective suicide…[I]t is also the cheapest way to shape our energy future, as solar and renewables have the potential to reduce the LCOE of global power supply from €70 [$80.91]/MWh in 2015 to between 50 and €55/MWh by 2050…The easiest part of this trajectory will be the switch to renewables of the power sector, while the hard job will have to be done for the transport, industry and chemical sectors. In the transport sector, marine and aviation will also have to go through electrification, as economically they only work with low-cost electricity, and this will come mainly from renewables in the future, particularly from solar…” click here for more

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