The Potentials of Renewable Energy
Thomas B. Johansson, Kes McCormick, Lena Neij, Wim C. Turkenburg
Abstract
Thomas B. Johansson, Kes McCormick, Lena Neij, Wim C. Turkenburg
Abstract
Abstract in Undetermined Renewable energy flows are very large in comparison with humankind’s use of energy. Therefore, in principle, all our energy needs, both now and into the future, can be met by energy from renewable sources. Technologies exist that convert renewable energy flows to modern energy carriers or directly into desired energy services. Technological development during the last decade has resulted in modern renewable energy supply becoming competitive in many situations. Further technological development and industrial learning will continue to bring costs down. When environmental costs and security of supply considerations are included, renewable energy has even wider markets. With decisive efforts to speed up this dissemination, all human energy needs could be met by rerouting a small fraction of naturally occurring renewable energy flows within a century.
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Abstract in Undetermined Renewable energy flows are very large in comparison with humankind’s use of energy. Therefore, in principle, all our energy needs, both now and into the future, can be met by energy from renewable sources. Technologies exist that convert renewable energy flows to modern energy carriers or directly into desired energy services. Technological development during the last decade has resulted in modern renewable energy supply becoming competitive in many situations. Further technological development and industrial learning will continue to bring costs down. When environmental costs and security of supply considerations are included, renewable energy has even wider markets. With decisive efforts to speed up this dissemination, all human energy needs could be met by rerouting a small fraction of naturally occurring renewable energy flows within a century.
Key concepts: Renewable energy, Energy engineering, Energy supply, Renewable energy credit, Natural resource economics, Energy (signal processing), Business, Environmental economics