26
March

A global transition to 100% renewable electricity is feasible



global-transition-to-100-renewable-electricity

The transition to the use of energy from renewable sources is not just an ethical choice, but in recent years has become increasingly a necessity of an economic and human type.

Our planet is sick, and the increase in temperatures is the most obvious signal. Climate change does not only bring with it problems of overheating in specific areas, but it creates a series of side events with disastrous consequences for all the countries of the world, from the richest to the emerging economies. In recent years, this emergency has led many countries to come together to have programmatic agreements that can be the basis of that transition to green energy consumption, which is the only medicine to combat the continuous increase in CO2 that our lifestyles induce.

As mentioned, the transition to the predominant use of renewable energy is no longer a question of technical feasibility or economic viability, but of political will. In this direction, as many as 190 countries in The United Nation adopted two historically agreement in 2015: The Paris Climate agreement and the 2030 Agenda for sustainable development. The target is to limit the average temperature increase to 1,5° and to build a transition to a 100% renewable energy system. The news, however, often takes second place, but on the contrary, the most important is that, already today, it is possible and it is shown by realistic feasibility studies to reach the zero emission target within a few decades.

One of the most important study, the “Global Energy System based on 100% renewable energy power sector” write by the LUT (Lappeenrata University of technology), shows that if today the energy production is 78% derived from the use of non-renewable resources such as Fossil Oil, coal and gas plus nuclear energy, we can achive in 2050 the 100% renewable energy consumption by using: 69% of Solar energy, 18% wind energy, 8% hydro energy and 5% from biomass, geothermal etc.

But the study does not limit to demonstrating the feasibility of this transition, but also analyzes its economic and social advantages in detail.

In the next blog we will analyze in detail the energy transition plans divided by geographic areas, devoting articles to MENA e Sub-Saharan Africa, Latam and Southeast Asia, demonstrating how we can switch from a cost of 70€/MWh to 52€/MWh, how to avoid the production of 11GT of Co2 and how to increase the economic growth (for example how to increase from 19 to 36 milion jobs in the electricity system).

A global transition to 100% renewable electricity is feasible at every hour throughout the yer and it is more cost-effective than the existing system and Solar PV and battery storage will be absolute protagonists in that.

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