Scientists to tap 100% world's renewable energy by 2030

Photo source: Wikipedia
Scientists have advanced a plan to power 100% of the world's energy with wind, hydroelectric, and solar power by the year 2030.

According to a 2011 projection by the International Energy Agency, solar power generators may produce most of the world’s electricity within 50 years, dramatically reducing the emissions of greenhouse gases that harm the environment. Cedric Philibert, senior analyst in the renewable energy division at the IEA said: “Photovoltaic and solar-thermal plants may meet most of the world’s demand for electricity by 2060 -- and half of all energy needs -- with wind, hydropower and biomass plants supplying much of the remaining generation”. “Photovoltaic and concentrated solar power together can become the major source of electricity,” Philibert said.
Economic trends

All forms of energy are expensive, but as time progresses, renewable energy generally gets cheaper, while fossil fuels generally get more expensive. A 2011 IEA report said: "A portfolio of renewable energy technologies is becoming cost-competitive in an increasingly broad range of circumstances, in some cases providing investment opportunities without the need for specific economic support," and added that "cost reductions in critical technologies, such as wind and solar, are set to continue."

The International Solar Energy Society argues that renewable energy technologies and economics will continue to improve with time, and that they are "sufficiently advanced at present to allow for major penetrations of renewable energy into the mainstream energy and societal infrastructures".

In 2010, total investments for the development of renewable energy resources peaked to USD 211 billion, reflecting a total existing power capacity of 1,320 GWe in the same year. (Wikipedia)

Comments

Post a Comment

Popular posts from this blog

K-12: Will it solve the dilemma of Filipino professionals?

Image
School children in class. The question as to whether quality education still persists in the Philippines? With the advent of globalization, it seems developing countries were forced to adapt to new strategies and public policies that are attuned to the needs of a globalized economy. Under the leadership of a U.S.-educated President Benigno Aquino III, the Philippines has geared up to introduce a new educational system that may have been in the shelves for long while. And it is only now that education officials have thought about of polishing it in order to be attuned to the present economic demands. The Philippines is left without any choice but to succumb to the calls of a globalized economy. Perhaps, government officials have thought it wise that it is about time that the present educational system be upgraded so that it could respond to the requirements of the international markets. They might have thought that Filipino professionals were left behind in so far as the standards o...
Read more

Breaking the presidential curse in the Philippines

Image
President-elect Atty. Rodrigo Duterte. Courtesy: Ryan Lim, Malacanang Photo Bureau On June 30, 2016, incoming President Rodrigo "Duterte Harry" Duterte will be sworn in as the  16 th president of the Republic of the Philippines, replacing former President Benigno Aquino III, who will step down after serving for six years of his term; leaving a legacy of reviving the country's anemic economic growth into what's considered by economic pundits as one of the fastest growing economies in Asia, if not the world. Latest data showed the Philippines have notched a 6.9% in GDP, against China's only 6.7% last year. And many foreign investors have set their eyes on pouring in their investments into the country, even as the newly-elected President Duterte's  announcement recently that he wouldn't allow factories to be set up in the National Capital Region, otherwise known as Metro Manila, anymore. Understandably, the newly-elected leader has expressed c...
Read more

PH police uncover new modus operandi of illegal drug peddlers

Image
Ecstacy pills in the markets. Credit: bar.wikipedia.org Combined police operations have seized more illegal drugs in Metro Manila and the suburbs of Batangas province, where international couriers in cahoots with local Filipinos were apprehended and are now facing criminal charges for illegal drug peddling. This developed after the law enforcers received reliable tips from concerned individuals that led them to their posh condominium hideouts  in Makati City and a ranch in Lipa City, Batangas, owned by the Leviste family, recently. The anti-drug operations were conducted by the PNP, Philippine Drug Enforcement Authority (PDEA) and the National Bureau of Investigation (NBI). According to Atty. Roque Merdegia, chief of the PNP's Anti-Illegal Drug Special Operations Task Force, they had been conducting surveillance operations concerning the movements of a drug dealer in Lipa City, believed to have tie ups with the Mexican-Sinaloa drug cartel, for a long time until they final...
Read more