But the trouble then is that there has to be enough low
carbon generation capacity available to meet the shortage in supply if consumers remain reluctant to cut back.
The official data also shows that low -
carbon generation capacity, including nuclear and renewables, grew rapidly during 2014.
Not exact matches
Build before Memory Runs Out Although individual consumer actions can help, major changes in
carbon output will likely require better electricity -
generation technologies, retiring much of the coal - fired
capacity and replacing it with the most cost - effective combination of modern reactors, renewables and even clean coal.
December 8, 2017 India's steel industry, like America's, is dominated by electric - based processes November 20, 2017 Link between growth in economic activity and electricity use is changing around the world November 16, 2017 Growth in global energy - related
carbon dioxide emissions expected to slow November 8, 2017 EIA forecasts growth in world nuclear electricity
capacity, led by non-OECD countries October 25, 2017 China leads the growth in projected global natural gas consumption October 10, 2017 Buildings energy consumption in India is expected to increase faster than in other regions October 4, 2017 Global gas - to - liquids growth is dominated by two projects in South Africa and Uzbekistan September 27, 2017 Chinese coal - fired electricity
generation expected to flatten as mix shifts to renewables September 19, 2017 Beyond China and India, energy consumption in non-OECD Asia continues to grow September 14, 2017 EIA projects 28 % increase in world energy use by 2040
This means it covers the direct cost of low -
carbon subsidies, energy efficiency and
carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional
generation for lost revenue through the
capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.
Rapid deployment of solar photovoltaics (PV), led by China and India, helps solar become the largest source of low -
carbon capacity by 2040, by which time the share of all renewables in total power
generation reaches 40 %.
While
carbon pricing can theoretically address the externalities associated with climatic harm from emissions, it can not automatically deal with the externalities holding back grid development, which include the monopoly status of many of the firms involved, issues concerning economies of scale, the fact that the absence of transmission
capacity restricts the emergence of renewable
generation capacity (and vice versa).
New low -
carbon generation — renewables and nuclear — from
capacity coming online in 2015 is expected to exceed the entire growth of global power demand that year.
RWE AG, Vattenfall AB and Mitteldeutsche Braunkohlegesellschaft mbH agreed to close plants corresponding to 12 percent of the nation's total lignite
generation capacity in a 1.6 billion euro ($ 1.8 billion) accord as Germany is falling behind its target to cut
carbon emissions.
-- In addition to the policy under paragraph (1), it is the policy of the United States that regional electric grid planning to meet these objectives should result from an open, inclusive and transparent process, taking into account all significant demand - side and supply - side options, including energy efficiency, distributed
generation, renewable energy and zero -
carbon electricity
generation technologies, smart - grid technologies and practices, demand response, electricity storage, voltage regulation technologies, high
capacity conductors with at least 25 percent greater efficiency than traditional ACSR (aluminum stranded conductors steel reinforced) conductors, superconductor technologies, underground transmission technologies, and new conventional electric transmission
capacity and corridors.
However, G20 countries are also the key driver of low -
carbon technology deployment, holding 98 % of global installed wind power
generation, 96 % of solar PV and 94 % of nuclear power
capacity.
Via our society's use of fossil fuels we are, if our combustion of these fuels remains unchecked and in addition we further destroy the
carbon fixing
capacity of natural systems, destroying almost all wealth, the likelihood of their being future civilizations, and even the possibility for existence for future
generations.
If MDBs continue to build out and increase natural gas power
generation capacity, they should work with their clients to anticipate the transition out of gas to zero
carbon alternatives, make deep gains in energy efficiency, and / or have a plan to incorporate CCS.
In order to prevent climate change, the world has to switch from high -
carbon, polluting, power
generation; to new, low -
carbon generating
capacity.
«The larger the proportion of higher
carbon - emitting resources in a region's existing
generation capacity mix, the larger role energy efficiency and renewable energy can play in displacing CO2 emissions,» according to the report.
In particular, depending mainly on (i) exactly how much abatement might be required over 2019 - 23, (ii) the amount and availability of combined - cycle gas - turbine (CCGT)
generation capacity with the required efficiency levels, and (iii) the evolution of commodity prices between now and 2021, the
carbon price required to plug the supply gap could be lower or higher than the levels we have imputed from our modelling of the supply - demand dynamics in the EU - ETS over 2019 - 23, and the fuel - switching price levels implied by current forward curves.
Generally the solar they sell is peak rate power — generated when it is most needed, thus it doesn't impact on baseload power
generation, but what it does do is reduce the need for far more expensive and
carbon producing
capacity to sit idle during off peak periods.
California Solar Energy Industries Association (CalSEIA) Executive Director Bernadette Del Chiaro says that while the plan to replace nuclear
generation with
carbon - free sources is «laudable», that the plan contains no provisions to replace any of the nuclear
capacity with solar.
Stricter regulation of
carbon dioxide emissions will lead to the shutdown of as much as 50 to 60 gigawatts of coal - fired
generation capacity in the US - roughly 15 percent to 20 percent of the current fleet.
No new coal plants are needed in China's 13th Five Year Plan as slower power demand growth and low
carbon capacity targets squeeze coal
generation out of power mix
LONDON, November 28, 2016 — China risks wasting $ 490 billion on new coal plants that will be unneeded as structural changes to its economy, increased non-coal
capacity targets, power sector reforms and
carbon pricing slashes coal - fired
generation, analysis by the
Carbon Tracker Initiative finds on Monday.
(C) even under very conservative assumptions, adding solar
generation capacity (possibly with a certain amount of battery or other form of storage
capacity) is a clear win, even if the social cost of
carbon emissions is close to zero.
In a world where some of the utilities» most profitable corporate customers — from Apple to Ikea to Mars — are investing massively in their own electricity
generation capacity (and imposing
carbon prices on themselves); where smart home technology promises to cut bills, even for those folks who can't be bothered in programming their thermostat; where LEDs are becoming so cheap they are a no - brainer, even for the anti-environmental crowd; where solar prices keep dropping dramatically and battery - storage innovation is just ramping up, there's good reason for investors to consider alternative options to traditionally «safe» investment in utilities.
December 8, 2017 India's steel industry, like America's, is dominated by electric - based processes November 20, 2017 Link between growth in economic activity and electricity use is changing around the world November 16, 2017 Growth in global energy - related
carbon dioxide emissions expected to slow November 8, 2017 EIA forecasts growth in world nuclear electricity
capacity, led by non-OECD countries October 25, 2017 China leads the growth in projected global natural gas consumption October 10, 2017 Buildings energy consumption in India is expected to increase faster than in other regions October 4, 2017 Global gas - to - liquids growth is dominated by two projects in South Africa and Uzbekistan September 27, 2017 Chinese coal - fired electricity
generation expected to flatten as mix shifts to renewables September 19, 2017 Beyond China and India, energy consumption in non-OECD Asia continues to grow September 14, 2017 EIA projects 28 % increase in world energy use by 2040
Advised on the impact of the Department for Energy and Climate Change's consultation on financial incentives for renewable energy which include a Feed in Tariff («FIT») for small scale, low
carbon electricity
generation of
capacity up to 5MW.