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Renewables to produce 85% of global electricity needs by 2050

Alternative Energy

On Monday, Dutch quality assurance and risk management company DVL GL published its Energy Transition Outlook 2017 report and predicted that by 2050, 85 per cent of global electricity needs and 44 percent of total energy needs will be met by renewables.

The report only considered energy produced by solar PVs, onshore and offshore wind and hydro power plants.

Final energy demand is expected to be 430 exajoules in 2050, compared to 400 exajoules in 2015.

The slight increase is expected to take place before 2030, when demand will start flattening.

The slowing down of the demand growth is expected due to decelerating population and productivity growth, energy efficiency measures, and due to increased electrification especially in the heating and transport sectors.

Thus, electricity consumption is projected to increase by 140 per cent becoming the largest energy carrier.

Remi Eriksen, CEO of DNV GL. commented: “The profound change set out in our report has significant implications for both established and new energy companies”.

He added: “Ultimately, it will be a willingness to innovate and a capability to move at speed that will determine who is able to remain competitive in this dramatically altered energy landscape”.

According to the report, coal consumption has already peaked, and peak-oil is expected to happen from 2020 to 2028, when it will start decreasing.

Gas is on track to becoming the biggest energy source by 2034.

In the renewable energy market, solar PV and wind power will lead the sector growth benefiting from the ‘learning curve’ effect; hydro will keep being a key energy source.

Costs for solar PV and wind energy are expected to reduce by 18 per cent and 16 per cent respectively.

Electric Vehicles are to achieve cost parity with internal combustion vehicles by 2022, and by 2033 50 percent of new light vehicle sales will be electric cars.

However, although CO2 emissions are expected to fall by half of today’s level, global temperatures are set to increase by 2.5 degrees Celsius- not meeting the Paris Agreement goal of global warming to be well below 2 degrees.

Eriksen commented: “This should be a wake-up call to governments and decision-makers within the energy industry”.

“The industry has taken bold steps before, but now needs to take even bigger strides”.

You can download the complete Energy Transition Outlook 2017 report here.

climateactionprogramme.org



65 Comments on "Renewables to produce 85% of global electricity needs by 2050"

  1. Cloggie on Thu, 7th Sep 2017 3:38 pm 

    Google is clearly part of the US deep state.

    It has begun to remove all crosses from churches in Google Earth. Just verify your home town. Here is my town:

    The original:

    http://www.eindhoveninbeeld.com/fotos/31508.jpg

    And now Google Earth:

    http://tinyurl.com/ycyxfsf8

    Decapitated as if a IS warrior was responsible for this.

    It is the same everywhere.

  2. onlooker on Thu, 7th Sep 2017 3:59 pm 

    Funny Clog, how in the US, they try and create hot button and binary issues from trivial stuff. Like religions, sexual orientation, women’s reproductive rights, statues etc.
    Even as our country and planet is falling apart. I wish the rest of my fellow Americans just woke the fuck up.

  3. Cloggie on Thu, 7th Sep 2017 4:04 pm 

    It is not just crosses, good old Jesus needs to go as well:

    Here the Augustijnenkerk, Eindhoven. On top there is a huge Jesus-Statue, in Eindhoven also known, for obvious reasons, as “Jezus the Daredevil”:

    https://www.youtube.com/watch?v=Oh_KT7hcw74

    And now Google Earth:

    http://tinyurl.com/ybvl5pe4

    Bye-bye, Jesus!

    Commie Goolag doesn’t like local identity, because that would be “divisive” and would only block their NWO One World Program, that insists on mixing all people from all corners of the globe.

  4. Apneaman on Thu, 7th Sep 2017 4:14 pm 

    clog, google and processed cheese food slices too.

    I guess any powerful self interested organization and super wealthy individual is part of the deep state/establishment or will not survive and grow.

    How long has google been around? All these nouveau gazillionaire captains of high tech industry? 20 -30 years.

    See how they just incorporate them into the fold? They absorb them like the Borg and both become ONE & stronger.

  5. Cloggie on Thu, 7th Sep 2017 4:21 pm 

    Very offtopic, but nevertheless… the last wish of a dying woman:

    http://www.spiegel.de/fotostrecke/fuerth-pferd-besucht-frau-im-krankenhaus-fotostrecke-151979.html

    (click through the 5 pictures)

  6. Antius on Thu, 7th Sep 2017 4:32 pm 

    Quite frankly Ap, I can fully believe that google would do this. I have spent almost four decades living under the foot of the British deep state and have watched them endlessly conspire against their own people. It doesn’t surprise me at all that Google would block out crosses to avoid ‘offending’ Muslims. It is trendy nowadays for white people not to give a shit about their own people and culture. Why would the media do that to its own people? Answer: It wouldn’t. Unless the people controlling the media were of a different type to the ones they were broadcasting to, I.e. the media is Zog controlled.

  7. nathing@hotmail.fr on Thu, 7th Sep 2017 4:34 pm 

    “Renewables to produce 85% of global electricity needs by 2050”
    Since there won’t be any more human by 2050, I suppose this electricy will come out of electromagnetic storms made of radioactive dust.

  8. Davy on Thu, 7th Sep 2017 4:35 pm 

    Thanks Antius, but the truth is it depends on where you go and who you are to determine what kind of America you get. I will also say conditions are deteriorating. Freedom is in no way universal. Yet, it is not as bad as being portrayed endlessly here and elsewhere.

  9. Cloggie on Thu, 7th Sep 2017 4:38 pm 

    He who controls the media controls the country/empire.

    For two thousand years it was sufficient to keep folks Christian by lecturing them 1-2 hours per week, often in Latin.

    The media are sandblasting the minds of their viewers several hours per day.

  10. makati1 on Thu, 7th Sep 2017 8:13 pm 

    Cloggie, in the US brainwashing is 24/7/365. It is everywhere they are. Movies, TV, internet, billboards, music, ads, etc. They have no choice.

  11. Cloggie on Fri, 8th Sep 2017 3:18 am 

    @Antius Most of them are ruinously uneconomic, but they will crank out subsidised exports just long enough to ruin the European renewable industry.

    https://wattsupwiththat.com/2017/05/12/europes-biggest-solar-company-goes-up-in-smoke/

    Let the Chinese have the solar panels industry and dump them on European markets and as such subsidize the European energy transition in a similar fashion as cheap Eastern-European labor is subsidizing Western European agriculture. The Europeans will do the high end stuff like
    manufacturing solar panel plants. It’s called division of labor.

    Europe controls most of the wind energy market anyway:

    https://deepresource.wordpress.com/2017/01/11/ten-largest-wind-turbines-to-date/

    There will never be more than niche applications for energy storage systems that are capital intensive and lose most of the energy that is put into them.

    The oil and gas industry is working with expensive storage and infrastructure systems as well: huge tanks, refineries, oil-tankers, pipelines, oil-platforms, oil-trucks, petrol stations, etc.

    Only a fool would make it with the intention of turning it back into electricity again.

    That is exactly what the “fools” intend to do:

    https://deepresource.wordpress.com/2017/08/09/first-climate-neutral-power-station-in-the-netherlands/

    https://deepresource.wordpress.com/2017/08/19/water-electrolysis-in-mainz/

    Hot and cold are probably our most practical means of storing large amounts of energy over long periods. Refrigeration can be accomplished in large, collective units containing phase change materials…
    Heat can be stored in molten phase change materials for application in industrial processes.

    Indeed, it is not either-or but and-and.

    The energy transition has been taking place since the 1970s.

    So what. The first oil well was drilled in Baku, Azerbadjan in 1846. It took 50 years before the first salt water offshore rigs were built in the US and more than a century until these monster oil rigs were realized all around the globe. That is the time it takes for an energy transition from coal to oil (and gas).

    the way we use energy at every level in society needs to change as well. It means big changes to infrastructure at every level. Simple things like storing food, day-to-day transportation and heating your home will require solutions that make life radically different.

    Absolutely. But have you ever spend time studying the depth of the EU energy transition program. All aspects ARE addressed.

  12. Cloggie on Fri, 8th Sep 2017 4:47 am 

    Scotland to phase out petrol and diesel as of 2032, beating England with 8 years:

    http://www.independent.co.uk/news/uk/politics/scotland-petrol-diesel-cars-phase-out-ban-2032-nicola-sturgeon-snp-environment-air-pollution-a7930781.html

    My favorite “car” startup still alive:

    https://deepresource.wordpress.com/2017/09/08/lit-motors-still-alive/

  13. Antius on Fri, 8th Sep 2017 7:16 am 

    “Scotland to phase out petrol and diesel as of 2032, beating England with 8 years:

    http://www.independent.co.uk/news/uk/politics/scotland-petrol-diesel-cars-phase-out-ban-2032-nicola-sturgeon-snp-environment-air-pollution-a7930781.html

    My favorite “car” startup still alive:

    https://deepresource.wordpress.com/2017/09/08/lit-motors-still-alive/

    Another one of Nicola Sturgeon’s half-witted ideas. This woman (and her party) have no grasp of domestic policy and tend to look for headlines that make it look as if they are doing their jobs properly. They lost big time at the last general election for exactly this reason. The UK governments pledge to ban petrol & diesel cars by 2040 is just as silly. What was the point of saying it? Why not instead just place a limit on exhaust carbon dioxide emissions and let manufactures decide how they will do it. And why not 2020, or tomorrow for that matter? If electric cars are so damn good, why would anyone need to ban the competition? Reality is, in 2040, people will be broke and those that have cars at all will be trying to keep going the ones they have now. Measures like this show a complete ignorance of what lies ahead.

  14. Kenz300 on Fri, 8th Sep 2017 11:05 am 

    Sustainable energy production.

    Wind and solar combined with battery storage foe the WIN.

  15. Antius on Fri, 8th Sep 2017 11:16 am 

    Kenz300,

    Are you a robot?

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