A disconcerting message as this could have negative consequences for the required sustainable energy growth. On the other hand, the COVID-19 crisis may help us with a more stronger focus on a sustainable world where solar and wind power are important building blocks for our future.
Yes, we realise that when the balance sheets of large energy firms are affected, this may cause an impact on sustainable energy investment. However, decentralised sustainable energy generation, by investments of individual home owners, SME’s and housing corporations can provide the positive push our society needs.
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:
IRENA’s Global Renewables Outlook, issued April 2020, presents various interesting scenarios; also in the context of global economic stimulus and recovery plans due to the COVID-19 crisis. Please click here for further information.
The challenges of ensuring sustainability, strengthening resilience and improving people’s health and welfare cannot be viewed in isolation but should be addressed from an holistic point of view. The health-, humanitarian-, and economic crises, resulting from the COVID-19 pandemic, should accelerate the decarbonisation of our societies, as it presents all sorts of opportunities. See also our blog published on April 19th; click here for more information.
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. ”
The cooperative Energy Common Leidschendam-Voorburg (EC-LV) was established on February 6, 2020. The foundation Energy Commons Institute (ECI) has assisted in the establishment and continues to support this Energy Common.
After all, “doing together” makes us stronger. Read more on the EC-LV website.
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 ….