…comparing our latest decarbonization roadmap, in December-2020, with the roadmap we laid out in December-2019. The outlook has improved most for nature-based solutions, efficiency technologies and backing up renewables’ volatility….
…published a primer into energy, a primer into electricity, a primer into power quality, and an overview of renewables volatility. Back-up data follows from technical papers in the final tab….
Nuclear power can backstop much volatility in renewables-heavy grids, for costs of 15-25c/kWh. This is at least 70% less costly than large batteries or green hydrogen, but could see less…
…burning down forests and start re-planting them. This does not require electrolysing water molecules into hydrogen, smoothing volatility in renewable-heavy grids, or developing next-generation batteries. It requires something much harder:…
…We also tabulate their patent filings. We find most of the offerings will lower end energy demand (by an average of 7%), assist with smoothing grid-volatility, provide appliance-by-appliance demand disaggregations…
…volatility issues for later. But eventually, we model that this will result in power grids becoming more expensive and more volatile, which could end up having negative consequences, both for…
…to 20. However, the data are highly variable, as shown by the examples plotted below. Volatility does matter for the costs of integrating renewables, the ultimate share of renewables and…
…of energy consumption. Falling utilization rates also underpin a levelized cost paradox for renewables. Our favorite method to backstop the volatility of renewables is via demand shifting, which will help…
…increase power grid aluminium and copper demand even further. Including utilization factors in the transmission network halving due to volatility of wind and solar (page 5), rising remoteness (page 6)…
…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….