Still time for the energy revolution

The International Energy Agency (IEA) continues to plug the energy transformation necessary if we are to have any hope of staying within a 2oC rise in global temperature.  This month has seen the publication of Energy Technology Perspectives 2012 (ETP 2012) in which they explain the technologies and behaviours that according to the press release “will revolutionise the entire energy system and unlock tremendous economic benefits between now and 2050”.  My references to the book’s content in what follows are derived from the executive summary. (The book is priced.)

ETP 2012 argues that the technologies we already possess are adequate to the task of cutting emissions drastically if used in an integrated way. The resultant overhaul of the world’s energy system by 2050 will not come cheap. Considerable extra investment money will be needed, $36 trillion by their calculation. But that is genuine investment, not cost, and moreover investment with an excellent return of $100 trillion in savings through the reduced use of fossil fuel. Investing in clean energy makes excellent economic sense at the same time as assisting in the mitigation of climate change.

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The Climate Show #25: Box on ice (a polar special)

As the northern hemisphere starts to warm (rather rapidly in the USA), climate watchers’ thoughts turn to melting ice, and to tell us what happened last year and what might be in store this summer, Glenn and Gareth welcome back Greenland expert Jason Box from the Byrd Polar research Centre at Ohio State University. It’s a wide ranging and fascinating discussion, not to be missed. John Cook looks at the differences between sea ice in the Arctic and Antarctic, and we have news coverage of the new HadCRUT4 global temperature series, summertime in winter in the USA, worrying news about sea level from the Pliocene, a new report on climate change in the Pacific, and new developments in solar power and biofuels.

Watch The Climate Show on our Youtube channel, subscribe to the podcast via iTunes, listen to us via Stitcher on your smartphone or listen direct/download from the link below the fold.

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Unstoppable waves of innovation in the Waikato?

A pleasant surprise this morning to see across the front page of the Waikato Times the headline “Waikato’s plan to harvest sunlight”.  The article reports that lines company WEL Networks has been evaluating photovoltaic cells and is now investigating the feasibility of solar power production in the Waikato region.

Commercial viability is the determining factor. It’s the dramatic fall in the cost of photovoltaic cells which has caused WEL Network’s investigation. CEO Julian Elder said that the low price of the cells, compared with where they were a few months ago, made solar power stations affordable in New Zealand. He said that in the space of a few months the return on investment had gone from about half a century to under 10 years.

We are looking at the whole range, from 1-2 kilowatt units on a house, up to the thousands of kilowatts for a large-scale pilot,” Dr Elder said.

He said it was not a case of if they built such power stations but a matter of when.

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Powerman: solar PV, net metering and seeing the light in New Zealand

Grid tie solar power is becoming a no-brainer! Photovoltaic (PV) solar power generation has made enormous advances over just the last two years. The cost of panels and assorted gear has fallen dramatically so that in NZ grid tie solar systems in the 2KW peak power range can be purchased for under NZ$10,000 (including GST) from many outfits.

Grid tie PV systems, to make sure its clear what I mean here, are systems consisting of a set of solar panels, often 10 panels of 190W and 45 Volts each, and a grid tie inverter which feeds the solar power into the 240V mains system at your home.

Once installed the power that is generated by the rooftop panels feeds into the 240V mains system. Power required by the home is then derived from this source. If the requirements of the home exceed what’s generated, additional power flows in from the mains and your power meter runs forward as usual. But if your home requires less energy than the panels are generating, often the case on a sunny day, the excess power is fed into the grid and your meter runs backwards, or so it should. More about this below.

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Let the sun shine in

Soon after writing the post in which I reported Carbon War Room CEO Shigar Khan’s prediction that within this decade incremental energy will all be coming from renewables I saw Paul Krugman’s latest column in the New York Times. He draws attention to the rapidly falling cost of solar power:

If the downward trend continues — and if anything it seems to be accelerating — we’re just a few years from the point at which electricity from solar panels becomes cheaper than electricity generated by burning coal.

That, of course, is the point at which there’s no longer any question of continuing with new coal or even gas powered electricity generation.

Not that it’s a matter of simply waiting for that to happen.  Krugman points out that it would likely already have happened if fossil fuels were priced to take into account the external costs they impose. And he sees the fossil fuel industry fighting hard to oppose and delay the transition.

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