<
https://reneweconomy.com.au/one-ship-load-of-solar-pv-is-worth-more-to-the-grid-than-100-ships-of-coal-iea-says-fossil-fuels-losing-race/>
"The renewable energy naysayers often cite land use of wind and solar as a
reason why they shouldn’t be built. Some of the claims are absurd, including
one that suggested the entire land mass of South Australia would be required to
power Australia with wind and solar.
But in a turn up for the books, and the many erroneous assumptions about fossil
fuels, consider this: The International Energy Agency says that a single large
container ship of PV modules can generate the same amount of electricity as 100
large coal ships, or 50 LNG tankers.
It all comes down to efficiency, and the IEA’s latest report into future
technologies paints a picture of an industry that is rapidly overtaking the
fossil fuels pioneered in the 1800s, and which has already reduced global
shipping needs — and emissions — by 10 per cent in a decade.
It’s also an industry that is increasingly less reliant on extra policy support
from governments.
The Energy Technology Perspectives 2024 report says that if governments change
no policy settings at all, by 2035 the global market for solar PV, wind
turbines, electric vehicles (EVs), batteries, electrolysers and heat pumps will
match the size of the global crude oil market today.
Trade in clean tech – if governments do nothing new – will be 50 per cent
larger than the global trade in natural gas today, reaching $US570 billion
($A869 billion).
China’s exports alone are on track to pass $US340 billion in 2035, or roughly
equivalent to the projected oil export revenue this year of Saudi Arabia and
the United Arab Emirates combined.
“The market for clean technologies is set to multiply in value in the coming
decade, increasingly catching up with the markets for fossil fuels,” said IEA
executive director Fatih Birol."
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
