According to U.S. figures, up to 80% of peak electricity demand comes from buildings. So designing them to be energy efficient, with their own generation (e.g. rooftop solar), storage, and load-flexibility – and making it a cost effective industry standard – would be a game changer. It’ll make the grid more resilient, and take pressure off utilities investing in expanding the underlying infrastructure. Sneha Ayyagari and Matt Jungclaus at Rocky … [Read more...]
1.2TW: cost reductions, policy advances will drive 50% renewables growth to 2024, says IEA
Carbon Brief’s Simon Evans runs through their analysis of the updated forecasts in the International Energy Agency (IEA) Renewables 2019 report, released this week. In its “base case” global renewable energy capacity will increase by 50% over 6 years. Rising from 2,501GW in 2018 to 3,721GW in 2024, it will add the equivalent of the entire US electricity system. In the “accelerated case” it’s 60%, further adding the equivalent of Japan’s. 85% of … [Read more...]
