The research company BloombergNEF (BNEF) opened a recent article with the following sentences: “Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population.” And they continued in the same paragraph: “Battery storage is now the cheapest new-build technology for peaking purposes (up to two-hours of discharge duration) in gas-importing regions, like Europe, China or Japan.”.
Reading BNEF’s research it confirmed our own views that a major structural change in our energy system is happening. The International Energy Agency (IEA) in a separate article not only emphasised the fact that the Covid-19 pandemic has created the largest shock to the global energy system in more than seven decades, but is also observing a major shift towards low-carbon sources of electricity. IEA states in a recent message: “low-carbon sources are set to extend their lead this year to reach 40% of global electricity generation”.
Affordable battery storage will significantly enhance the integration of decentralised sustainable energy generation on a large scale, providing nice benefits to individual households and businesses.
Very interesting reports and news facts and hence we recommend you to read the following:
In an article published today, Statistics Netherlands (CBS) states:
“In 2019, electricity production from renewable sources amounted to 21.8 billion kilowatt hours (kWh), in 2018 this was 18.5 billion kWh. Windmills had the largest share of this, at 49 percent, but this has fallen compared to 2018 (54 percent). Biomass accounted for 26 percent, solar power for 24 percent of renewable energy production. Renewable electricity production accounted for 18 percent of electricity consumption in the Netherlands in 2019, compared to 15 percent in 2018. ”
CBS further concludes:
“40 percent more solar power through more solar panels. The production of electricity with solar panels increased from 3.7 billion kWh in 2018 to 5.2 billion kWh in 2019. That is an increase of more than 40 percent, which is directly related to the increase in the installed capacity of solar panels. The total capacity of solar panels grew by approximately 2 400 megawatts in 2019, and is estimated at 6 900 megawatts. The largest part of this increase (70 percent, or 1 700 megawatt) is due to new, large installations on roofs of buildings and on the ground. ”
Global solar PV market set for spectacular growth over next 5 years
According to the IEA: “The installation of solar PV systems on homes, commercial buildings and industrial facilities is set to take off over the next five years, transforming the way electricity is generated and consumed, according to the International Energy Agency’s latest renewable energy market forecast.
These applications – known collectively as distributed PV – are the focus of the IEA’s Renewables 2019 market report. The report forecasts that the world’s total renewable-based power capacity will grow by 50% between 2019 and 2024. This increase of 1,200 gigawatts – equivalent to the current total power capacity of the United States – is driven by cost reductions and concerted government policy efforts. Solar PV accounts for 60% of the rise. The share of renewables in global power generation is set to rise from 26% today to 30% in 2024.” Read more ….
IEA Energy databases and data services including World Energy Statistics and Balances
Worthwhile to read IEA’s recent release of the 2019 edition of energy databases and data services including World Energy Statistics and Balances, the IEA Key World Energy Statistics, etc. Read more ….
On Friday, October 25, an event was held in Groningen (NL) with the theme “Doing Things Together”. The event was organised by the new Energy Commons Institute, and was hosted by the Centre for Vocational Training “Leerbouwen”.
More than 150 attendees saw different organisations sharing their knowledge and experiences, in interactive sessions, with respect to sustainable solutions in the build environment.
A gas-free central heating boiler was introduced at the end of the event; applied in a new heating system (> 500kW) which has been installed on the roof of “Leerbouwen”.
For further information we refer to the ECI website; www.eci.institute/en.
NB. Leerbouwen has been established for people with and without distance to the labour market. In close cooperation with the business community, municipalities, UWV, Werk in Zicht and employment agencies, they provide customised training courses. Read more ….
Teenage entrepreneurs were coming to the University of California-Berkeley on August 7-12 to take the stage in a worldwide entrepreneurship competition; read more ….
Students for the Advancement of Global Entrepreneurship (SAGE).
SAGE is an international network that links secondary school student organizations to mentors from local universities and businesses. Its purpose is to create a global community of teenage entrepreneurs sharing a common purpose: to make the world a better place. Under the direction of university student mentors, teenage SAGE teams create commercial and social ventures in an ethical and socially responsible manner.
SAGE Global is an international non-profit organization dedicated to teenage entrepreneurs who make the world a better place from the seventeen Sustainable Development Goals of the United Nations. The first and most important goal is to end extreme poverty, according to the UN “the greatest challenge of our time”. There are also goals about health, education, clean drinking water, sustainable energy, less inequality and tackling climate change. SAGE wants to offer young people with a global vision the opportunity to contribute to this. This has become a worldwide success. The SAGE program has been extensively tested and is already running very successfully in 20+ countries.
Last week the country teams (25 countries) were competing against each other on the main stage in San Francisco during the SAGE Global Awards. The Netherlands participated for the first time this year and was represented by a team of three teenage entrepreneurs (Ilse, Lineke and Thijn), coaches (Tine and Bram). The Dutch “Energy Commons” team has been working towards SDG 7 goal #2 through setting up an Energy Common in Groningen, the Netherlands.
SAGE Netherlands works together with The Institute for Future of Living (IFL), Jong Ondernemen/VNO-NCW and SDG Nederland.
Tine van Heerikhuize and Bram Reinders will bring the SAGE competition to the Netherlands and Europe. Via this route a big compliment to Tine and Bram for their leadership and coaching. Investment in our young generation is so essential.
We have been proud to have co-sponsored the Dutch SAGE team participating at the SAGE Global event in San Francisco.