No Need for 'Miracle Technologies' to Rapidly Decarbonize Energy

[Finishline42]

IMO, it's already headed in that direction, it's just a matter of time

Most of the world can switch to renewable energy without destabilizing power grids, at low cost, and relying almost entirely on existing technologies, according to a new Stanford University study.

With countries facing record-high fuel prices, energy blackmail from Russia, up to seven million deaths per year due to air pollution, and an endless parade of climate disasters, there’s no need for “miracle technologies” to put things right, writes Stanford civil and environmental engineering professor Mark Z. Jacobson, in a post for The Hill.

“By electrifying all energy sectors; producing electricity from clean, renewable sources; creating heat, cold, and hydrogen from such electricity; storing electricity, heat, cold and the hydrogen; expanding transmission; and shifting the time of some electricity use, we can create safe, cheap and reliable energy everywhere.”

Jacobson’s study covered the 145 countries that account for 99.7% of global carbon dioxide emissions, and relied solely on onshore and offshore wind, various solar technologies, geothermal, hydropower, small amounts of tidal and wave energy, and different forms of storage. The transition would cost about US$62 trillion, he says. With annual energy cost savings of $11 trillion, the investment would pay back in less than six years.

“The new system may also create over 28 million more long-term, full-time jobs than lost worldwide and require only about 0.53% of the world’s land for new energy, with most of this area being empty space between wind turbines on land that can be used for multiple purposes,” he writes. So a shift of this magnitude “may require less energy, cost less, and create more jobs than the current system.”

https://www.theenergymix.com/2022/07/13/no-need-for-miracle-technologies-to-rapidly-decarbonize-energy-jacobson/