…surprising finding in our recent research is that natural gas can economically backstop renewables such as wind and solar, due to high operating flexibility. Please download the data-file to stress-test…
…decarbonizing or carbon offsetting natural gas power. Economics are closest to commercialist for gas-fired SOFCs, and could be interesting with c50% deflation and greater reliability, particularly as renewables get overbuild….
It is possible to decarbonize all of global energy by 2050. But $30/bbl oil prices would stall this energy transition, killing the relative economics of electric vehicles, renewables, industrial efficiency,…
Natural gas currently fuels two-thirds of residential and commercial heating, which in turn comprises c10% of global CO2. We have assessed ten technologies to decarbonize heat, including heat pumps, renewables,…
…in the data-file. Greenfield coal projects in the developed world are no longer economic, as meeting stringent air standards inflates capex costs around 3x, while juxtaposition with renewables dents utilization….
…energy transition, we are going to move Heaven and Earth, to ramp wind, solar, next-gen nuclear, biofuels, other renewables, electrification and other efficiency initiatives. As much as possible. As quickly…
…with nature based solutions. This would raise a typical household heating bill by $50 per year. Conversely, the bill would rise by $600-2,600 per year, if relying solely on renewables,…
…(and 2.5T of CO2 if the process is powered by renewables). An additional 1.6T of CO2 emissions would also be saved, because this is the typical emissions intensity of conventional…
…angle that excites over desalination costs is the possibility for demand shifting, as electricity is a major cost line, and desalination pumps can be run flexibly to backstop renewables’ volatility….
…as the most practical and low-carbon backstop to renewables, while volatile renewable generation may create overlooked trading opportunities for companies with gas infrastructure. In early-2024, we have updated the data-file,…