Industrial facilities that can shift electricity demand to coincide with excess renewables generation will effectively start printing money as renewables get over-built. They also help more renewables integrate into the…
…incentive pricing. Large-scale batteries also increase incentive prices 5-25x. Natural gas is the best complement for renewables, with both between 25-50% of grid demand. What can help integrate more renewables…
…can also buffer renewables (note here). China, India and Indonesia together comprise c40% of global electricity and retain over c60% coal in their power mixes. Despite rising renewables, coal-fired electricity,…
…renewables, but we do not think these are material barriers, by contrast to the others (pages 10-11). Our conclusion is that appetite to scale renewables will rise sharply in 2022….
…while this can help accommodate an additional 10pp share for renewables in the grid, before extreme volatility begins to bite (see pages 18-19). Europe leads, and we now assume renewables…
…oil and gas go 2-3x further in the short-run. To meet the same initial demand from renewables, one must currently spend 2-3x more. Further renewables deflation of c50-70% is required…
…why renewables’ share is not higher. One reason is that renewables operate at low utilization rates (around 35% of installed capacity) while industrial demand requires higher utilization rates. $299.00 – Purchase Checkout…
Is the power grid becoming a bottleneck for the continued acceleration of renewables? The median approval time to connect to the grid for a new US power project has climbed…
…renewables is volatile. The volatility of solar includes around 100 volatility events per day. The volatility of wind includes around 75 volatility events per day. This is usually fine, as…
…ten bottlenecks that set the ‘upper limit’ on renewables’ capacity additions. Seven value chains will tighten enormously in the coming years. Paradoxically, however, ramping renewables could exacerbate near-term energy shortages….