Laser Talk: Renewable Energy and Storage are Unstoppable

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Laser Talk: Renewable Energy and Storage are Unstoppable

Laser Talk: Renewable Energy and Storage are Unstoppable

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Posted on May 7, 2024 in Laser Talk

Laser Talk: Renewable Energy and Storage are Unstoppable

Renewable energy adoption is surging globally, with 7 countries already generating 100% of their electricity from renewable sources, while 40 others produce over 50% from renewables, including 11 European nations. Solar energy, driven by efficiency gains and cost reductions, is poised to become the primary global energy source by 2050 (1). The fact is new renewable energy is cheaper than new fossil energy. (2)

California leads in battery storage, boasting 10,000 MW installed, second only to China (3). The state is making strides toward achieving 24/7 renewable energy, with the grid operating on 100% renewables for parts of the day throughout March and April. (4)

Increasing the price on pollution from fossil fuels (with rebates) enables clean solutions to develop to scale. This will speed up the transformation that is already underway without burdening the taxpayer.

References

Seven countries now generate 100% of their electricity from renewable energy (The Independent) April 2024 https://bit.ly/4dcmaci
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis (IRENA):
https://www.irena.org/news/pressreleases/2022/Jul/Renewable-Power-Remains-Cost-Competitive-amid-Fossil-Fuel-Crisis
Check out California’s batteries (Politico) April 2024
https://www.politico.com/newsletters/california-climate/2024/04/25/check-out-californias-batteries-00154503
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Tags:batteries, electricity, later is too late, Mark Jacobson, renewable, Storage

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