Although the balancing of renewable power sources with fossil fuels is widely regarded as a temporary fix that's not suited for
larger shares of renewable energy, most other technological strategies (described below) can only partially reduce the need for balancing capacity.
Not exact matches
Although solar had the
largest share in terms
of capacity,
of the $ 6 billion devoted to the round, only around 38 %
of the budget — $ 2.32 billion — was assigned to solar, while another 46 % — $ 2.76 billion — went to wind power projects, with the remaining amount being left to the other aforementioned
renewable energy sources.
The
largest share of the emissions reduction potential would come from
renewables and
energy efficiency.
By comparison, China has about 900 gigawatts
of coal generating capacity, but recent coal curtailments provide an opportunity for
renewable energy to take up a
larger portion
of China's
energy market
share.
«Unprecedented challenge» for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees
renewables claim
larger share of bulk and dispatchable generation while adding vital flexibility to global
energy mix.
The United States is forecast to fall behind China as the
largest producer
of renewable energy with its
share of global production declining from 24 percent today to about 15 percent in 2040, while China's
share increases to about 30 percent by 2040.
Successful cases
of islands with
large shares of variable
renewable energy, enabled by storage solutions, exist in every region.
The US has over 2,000 hydropower plants which supplies a 96 %
share (in total) or about 50 % from clean usage (or a tad higher)
of the total US
renewable energy sources making it the
largest.
Most power sector growth has occurred among variable
renewable energy technologies — wind power and solar photovoltaics — raising concerns about potential challenges
of integrating
large shares of variable power into existing power systems.
As solar and other forms
of distributed
renewable energy become a
larger share of the electricity production in the U.S., these variations
of net
energy metering are likely to become more common.