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…
…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 into grids is demand-shifting, per…
…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. This data-file…
It is often said that Oil Majors should become Energy Majors by transitioning to renewables. But what is the best balance based on portfolio theory? Our 7-page note answers this…
…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….
The purpose of this data-file is to estimate the cost of land, which matters for renewables and reforestation projects, but also amidst rising inflation. Our main conclusion from trying to…
It is often said that Oil Majors should transition to renewables and become Energy Majors. But what is the best balance based on modern portfolio theory? Our 7-page paper answers…