https://www.nature.com/articles/s41467-023-41971-7
"Decarbonisation plans across the globe require zero-carbon energy sources to
be widely deployed by 2050 or 2060. Solar energy is the most widely available
energy resource on Earth, and its economic attractiveness is improving fast in
a cycle of increasing investments. Here we use data-driven conditional
technology and economic forecasting modelling to establish which zero carbon
power sources could become dominant worldwide. We find that, due to
technological trajectories set in motion by past policy, a global irreversible
solar tipping point may have passed where solar energy gradually comes to
dominate global electricity markets, without any further climate policies.
Uncertainties arise, however, over grid stability in a renewables-dominated
power system, the availability of sufficient finance in underdeveloped
economies, the capacity of supply chains and political resistance from regions
that lose employment. Policies resolving these barriers may be more effective
than price instruments to accelerate the transition to clean energy."
Via Diane A.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
