Dave Elliott: he expansion of renewable energy use continues globally, but there are some big issues. For example, the EU got 38% of its power from renewables in 2020. It has been led by Germany, whose renewable power output has now outpaced its fossil fuel power output. But it still has to deal with left-over nuclear costs e.g. the German government has agreed to pay EOn, EnBW, RWE & Vattenfall almost €2.5bn in compensation for the forced ‘premature’ closure of their nuclear plants. A big issue is whether it is fair for the nuclear companies to get compensation essentially for loss of nuclear earnings. Won’t that slow the growth of renewables? They have certainly been slow to develop in France where, until recently, nuclear has ruled the roost. The UK has done a bit better, with offshore wind especially, but, obscurely, it is still pushing for more nuclear, while dragging its feet on providing proper support for PV solar and on-shore wind. We really do need to get moving on renewables, and also energy efficiency, around the world. There are plenty of high/100% renewable scenarios around now, including a new complete global set from Wartsila/LUT, accessible via an interactive world map, and some new ones for the USA, but in my next post I look in detail at France- maybe a worst case, in that it is at present very heavily reliant on nuclear power.
Renew Extra 20th March 2021 read more »