In order to limit warming to 1.5°C and avoid disastrous climate impacts, global carbon emissions must be more than halved by 2030.
Most current studies, however, set a timeline closer to 2050 for the decarbonization of electric power systems — a timeline that is too long and that puts the pressure to decarbonize too far into the future.
“In light of recent trends, these studies present overly conservative estimates of decarbonization potential. Plummeting costs for wind and solar energy have dramatically changed the prospects for rapid, cost-effective expansion of renewable energy. At the same time, battery energy storage has become a viable option for cost- effectively integrating high levels of wind and solar generation into electricity grids.”
The report from the Goldman school of public policy uses the latest renewable energy and battery cost data to demonstrate the technical and economic feasibility of achieving 90% clean (carbon-free) electricity in the United States by 2035.
Read the report here…