…updated roadmap includes large upgrades for renewables and energy efficiency; less reliance on new energies breakthroughs; but most of all, simple, pragmatic progress is needed as bottlenecks and shortages loom….
This 17-page report revisits our roadmap to ‘net zero’, after integrating over 1,000 pieces of research from 2019 through 2022. Our updated roadmap includes large upgrades for renewables and energy…
…facilities are here, and typical ramp rates are here. (4) Transmission is becoming the key bottleneck on renewables and electrification in the energy transition. Each TWH pa of global electricity…
…energy mix; stoking upside to energy demand and capex. But future wind and solar EROEIs could improve 2-6x. This will be the make-or-break factor determining the ultimate share of renewables?…
…transmission is needed to build out wind and solar? Using our rules of thumb above, each 1 GW of new, utility-scale renewables might warrant constructing or upgrading around 500 km…
…example is that in geographies with high renewables penetration, there may be some hidden market risk in reaching ever-higher renewables penetration? Our personal perspective is that new market risk is…
…other separation technologies, and the growing capability to backstop volatile renewables (demand shifting). Compressors and vacuum pumps are simply more flexible than cryogenics, per pages 13-14. Leading companies in Pressure…
…is population growth, +1.4% pa rising incomes, -1.4% pa efficiency gains, -0.5% renewables, 0% nuclear, +0.2% ramping back coal due to underinvestment in gas. Depressingly, progress towards net zero slowed…
Some industries can absorb low-cost electricity when renewables are over-generating and avoid high-cost electricity when they are under-generating. The net result can lower electricity costs by 2-3c/kWh and uplift ROCEs…
…volatile power prices, amidst the build out of renewables, by demand shifting, which means timing their electrical loads to the times when renewables are generating. In some cases, this requires…