Change is coming:
Electricity generation capacity additions are swinging toward renewables – and fast.
Globally, zero-emission technologies accounted more than 90% of added capacity last year.
Members of the Clean Energy Ministerial are doing even better, with renewables now accounting for over 95% their net capacity additions, up from 46% a decade and a half ago.
And yes I know capacity isn’t generation.
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At substation-level least carbon_footprint extraction_to_production to salvage_recycle per watt delivered:
Rare_earth cobalts are required, est value_price $1.6M/unit amortized is $3.65/Mwh +(int & upkeep)/month
Technokontrol's RF-5000, Spain
Its all_magnet 1300hp motor fits
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Actually, many countries are re-thinking their commitment to "Net Zero"! Since no country has managed to come close to keeping theirs, you and the rest of the climate zealots, aren't going to like the results!
Will rising gas prices lead to a coal resurgence in Europe?
Recent geopolitical tensions are pushing up gas costs, potentially making coal more competitive for power generation. This shift could increase demand for carbon permits.
#EnergyMarkets #CarbonTrading
Capacity isn’t generation?
As more renewables get put in the grid, it drives the capacity factors of existing fossil fuel generators down, down, and down!
And the storage at minimum power approach reduces the need for large transmission and generation infrastructure. Energy can be stored and released gradually, supporting a stable more sustainably and cost-effectively.
Yes, capacity isn't generation. So those graphs can be a bit misleading sometimes.
I've been following the UAE's steps in embracing renewables, and it's impressive. The UK could learn a thing or two from their forward-thinking energy strategy.
Deutsche Energiepolitik liegt im Hintertreffen - 90% neue Kapazitäten weltweit durch Erneuerbare Energien, während wir hier langsam vorankommen.
It’s capacity, but the generation is 20 % ish of the capacity and worse when you need it most, and still needs a full generating capacity backup for when it stops
that's good so that the military can expand because they will have a larger share of oil at their disposal
Renewables have a storage problem. It’s nice when they can help out the 24x7x365 sources, though.
Wind in the UK generating at about 13% of capacity #plentyofturbines #notenoughwind. No solar #plentyofpanels #notenoughsun