Renewables Fastest-Growing Energy Sources, Feds Say (computerworld.com)
An anonymous reader quotes a report from Computerworld written by Lucas Mearian: By 2040, coal, natural gas and renewable energy sources will provide roughly equal shares (28%-29%) of world electricity generation -- a tremendous change from 2012, when coal provided 40% of all power generation, according to a new report. The report, International Energy Outlook 2016, was released today by the U.S. Energy Information Administration (EIA). Renewables are now the world's fastest-growing energy source and are expected to increase by 2.6% per year through 2040. Hydropower and wind are the two largest contributors to the increase in world electricity generation from renewable energy sources, the report stated. Together, hydro and wind account for two-thirds of the total increase in renewable energy from 2012 to 2040. In contrast, coal is the world's slowest-growing energy source, rising by 0.6% per year through 2040. By 2030, natural gas surpasses coal to become the world's second-largest energy source after liquid fuels, the report stated. The world's energy consumption is expected to increase by 48% over the next three decades even as renewable energy sources increase. Fossil fuels will still supply more than three-quarters of the world's energy by 2030. Currently, China, the U.S. and India are the top three coal-consuming countries, making up 70% of the world's coal use. China's coal use is expected to decline as their economy slows and policies to combat air pollution and climate change become implemented. The Environmental Protection Agency's new Clean Power Plan regulations intend to dramatically lower the use of coal in the U.S. over the next three decades. "Of the world's three largest coal consumers, only India is projected to increase coal use throughout the projection period," the report stated.
Wouldn't renewables be the only growing resource? Non-renewables should be dwindling over time by definition.
Fastest Growing
"Renewables Fastest-Growing Energy Sources, Feds Say"
No, everyone says this. And has for years. Ok, in the US things were upset by the NG expansion, but everyone knew that would only last so long. And outside the US this has been true since about 2010.
With wind at $1.50 and PV not much more than that, and PPA's for PV at 3 cents/kWh and wind at 4 to 5, nothing else can compete. And those are subsidized prices.
She says she will destroy the coal industry
She will say whatever she needs to say to get elected, then she will do whatever she's paid to do. Just like every other politician you have.
than this projection says we will.
Around 60% fossil fuel electricity generation in 2040, as is forecast, is way too much, considering that we need to get the whole energy economy, including transportation, heating, industry, etc. which this report doesn't cover, off fossil fuels almost completely by mid-century or so, to keep a chance of managing global warming.
We need technology and economy tipping points, in between now and 2050, so that the rate of change accelerates very rapidly. Government policy should be aimed at expediting those tipping points and rapid transitions to a fundamentally new energy technology mix.
Where are we going and why are we in a handbasket?
when combined with constraints on non-renewable energy, were to be as projected in the study (i.e., per present policies), by 2040 fossil fuel and nuclear might constitute only about ...
(wait for it)...
83% of the world energy usage.
That is, by 2040, renewables might then manage to constitute a whopping 16-17% of world energy usage, skyrocking up from some 13% in 2016, under their assumptions.
The authors of the study do not even attempt to estimate the likelihood of those assumptions, which is prudent considering how costly the renewable energy subsidies and fossil fuel limitation policies are.
The following is a link to the study that the ComputerWorld article is attempting to summarize:
http://www.eia.gov/forecasts/i...
Corrected title: "Renewable energy sources still insignificant, least regulated."
These are the same guys that predicted, in 2015, that there would be an installed base of 1000 electric vehicles with over 200 mile range in 2040. In 2015 there were already over 100,000.
Basically, you can just ignore anything that comes out of the EIA. They aren't even trying to make their lies make sense any more.
this is not a sig
The coal industry needs to be destroyed. I'm sorry that will put a lot of coal miners out of work, but are we supposed to feed our kids coal dust because a few hillbillies can't move to where the jobs are?
I'm sure the asbestos miners, DDT manufacturers and the guys who bury cans of toxic waste under schoolyards all really wanted to keep their jobs too, but you know the rest of us felt moving on was for the best.
Obama will destroy any form of energy that does not require government subsides for crony corporations to exist.
A base load power plant has a design life of around 50 years, so on a constant GW basis 60% of coal capacity to be retired, which would put coal around 24%. Given the investment in coal over the past decade (re-powering plants), 28-29% basically just means they don't expect any new. Coal plants to be built.
A much more interesting question would be what percentage of generation would be de-centralized renewables.
Seems to me that thorium has more potential than wind or solar.
Any opinions?
I doubt Obama had anything to do with the decision to remove those 4 dams on the Klamath River. The owner of the dams, Pacific Power and Light (or whatever it's called nowadays) reached the point of needing to relicense the dams and the cost of adding the necessary fish passage equipment far exceeded any value the dams had to the company so they wanted to tear them down in order to no longer be responsible for them. They are all rather small and don't produce that much power so not much was lost in terms of renewable energy and it's a huge gain for salmon habitat.