Yeah Gormley has his finger on the pulse of renewable energy worldwide? LOL
And the private sector continues to build and integrate solar and wind generation into the Alberta grid. If wind and solar are useless, maybe Gormley should ask Trans Canada the oil and gas pipeline company why they just announced their first solar project in Canada.
Storage of renewable electricity in EV batteries, grid storage systems and in ammonia and hydrogen are all moving towards implementation and commercialization.
Oh shit the arguments that solar and wind are only intermittent and can't be stored is bullshite.
As much as some conservatives would like the world to regress to old and dirty less efficient technology the reality is renewables like wind and solar are the fastest and cheapest growing sectors in electricity production.
https://www.tcenergy.com/announcements/2022-10-04-tc-energy-to-build-its-first-solar-energy-project-in-canada/
https://www.irena.org/publications/2021/Jun/Renewable-Power-Costs-in-2020
Between 2000 and 2020, renewable power generation capacity worldwide increased 3.7‑fold, from 754 gigawatts (GW) to 2 799 GW, as their costs have fallen sharply, driven by steadily improving technologies, economies of scale, competitive supply chains and improving developer experience. Costs for electricity from utility-scale solar photovoltaics (PV) fell 85% between 2010 and 2020.
Other highlights include:
In 2020, the global weighted-average levelised cost of electricity (LCOE) from new capacity additions of onshore wind declined by 13%, compared to 2019. Over the same period, the LCOE of offshore wind fell by 9% and that of utility-scale solar photovoltaics (PV) by 7%.
Renewable power generation costs have fallen sharply over the past decade, driven by steadily improving technologies, economies of scale, competitive supply chains and improving developer experience. Costs for electricity from utility-scale solar photovoltaics (PV) fell 85% between 2010 and 2020.
The cost of electricity from solar and wind power has fallen, to very low levels. Since 2010, globally, a cumulative total of 644 GW of renewable power generation capacity has been added with estimated costs that have been lower than the cheapest fossil fuel-fired option in each respective year. In emerging economies, the 534 GW added at costs lower than fossil fuels, will reduce electricity generation costs by up to USD 32 billion this year.
New solar and wind projects are increasingly undercutting even the cheapest and least sustainable of existing coal-fired power plants. IRENA analysis suggests 800 GW of existing coal-fired capacity has operating costs higher than new utility-scale solar PV and onshore wind, including USD 0.005/kWh for integration costs. Replacing these coal-fired plants would cut annual system costs by USD 32 billion per year and reduce annual CO2 emissions by around 3 Gigatonnes of CO2.
And the private sector continues to build and integrate solar and wind generation into the Alberta grid. If wind and solar are useless, maybe Gormley should ask Trans Canada the oil and gas pipeline company why they just announced their first solar project in Canada.
Storage of renewable electricity in EV batteries, grid storage systems and in ammonia and hydrogen are all moving towards implementation and commercialization.
Oh shit the arguments that solar and wind are only intermittent and can't be stored is bullshite.
As much as some conservatives would like the world to regress to old and dirty less efficient technology the reality is renewables like wind and solar are the fastest and cheapest growing sectors in electricity production.
https://www.tcenergy.com/announcements/2022-10-04-tc-energy-to-build-its-first-solar-energy-project-in-canada/
https://www.irena.org/publications/2021/Jun/Renewable-Power-Costs-in-2020
Between 2000 and 2020, renewable power generation capacity worldwide increased 3.7‑fold, from 754 gigawatts (GW) to 2 799 GW, as their costs have fallen sharply, driven by steadily improving technologies, economies of scale, competitive supply chains and improving developer experience. Costs for electricity from utility-scale solar photovoltaics (PV) fell 85% between 2010 and 2020.
Other highlights include:
In 2020, the global weighted-average levelised cost of electricity (LCOE) from new capacity additions of onshore wind declined by 13%, compared to 2019. Over the same period, the LCOE of offshore wind fell by 9% and that of utility-scale solar photovoltaics (PV) by 7%.
Renewable power generation costs have fallen sharply over the past decade, driven by steadily improving technologies, economies of scale, competitive supply chains and improving developer experience. Costs for electricity from utility-scale solar photovoltaics (PV) fell 85% between 2010 and 2020.
The cost of electricity from solar and wind power has fallen, to very low levels. Since 2010, globally, a cumulative total of 644 GW of renewable power generation capacity has been added with estimated costs that have been lower than the cheapest fossil fuel-fired option in each respective year. In emerging economies, the 534 GW added at costs lower than fossil fuels, will reduce electricity generation costs by up to USD 32 billion this year.
New solar and wind projects are increasingly undercutting even the cheapest and least sustainable of existing coal-fired power plants. IRENA analysis suggests 800 GW of existing coal-fired capacity has operating costs higher than new utility-scale solar PV and onshore wind, including USD 0.005/kWh for integration costs. Replacing these coal-fired plants would cut annual system costs by USD 32 billion per year and reduce annual CO2 emissions by around 3 Gigatonnes of CO2.
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