{"id":65980,"date":"2023-10-20T05:54:25","date_gmt":"2023-10-20T10:54:25","guid":{"rendered":"https:\/\/olduvai.ca\/?p=65980"},"modified":"2023-10-20T05:54:25","modified_gmt":"2023-10-20T10:54:25","slug":"worlds-electric-grids-incapable-of-supporting-renewable-energy-goals-agency","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=65980","title":{"rendered":"World\u2019s Electric Grids Incapable of Supporting Renewable Energy Goals: Agency"},"content":{"rendered":"

World\u2019s Electric Grids Incapable of Supporting Renewable Energy Goals: Agency<\/a><\/h3>\n
While investments in renewable energy have doubled since 2010, power grid funding has remained \u2018static.’<\/strong><\/div>\n
\n
\n
\n
<\/div>\n
Electricity grid capacity available in the world isn’t keeping pace with the rapid growth of “clean energy” technologies, possibly putting governments’ climate goals at risk, according to a recent report by the International Energy Agency (IEA).<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
In order to achieve climate goals set by global governments, more than 80 million kilometers (49.7 million miles) of electric grids have to be added or refurbished by 2040, which is the \u201cequivalent of the entire existing global grid,\u201d according to the Oct. 17 IEA\u00a0report<\/a>. Even though \u201celectrification and renewables deployment are both picking up pace,\u201d there is a risk of the clean energy transition stalling due to a lack of \u201cadequate grids to connect the new electricity supply with the demand.\u201d<\/div>\n

\u201cAt least 3,000 gigawatts (GW) of renewable power projects, of which 1,500 GW are in advanced stages, are waiting in grid connection queues\u2014equivalent to five times the amount of solar PV and wind capacity added in 2022,\u201d the report noted.<\/p>\n

\u201cThis shows grids are becoming a bottleneck for transitions to net zero emissions.\u201d<\/p>\n

While investments in renewable energy such as solar and wind power, electric vehicles (EV), and heat pumps have been \u201cincreasing rapidly\u201d\u2014almost doubling since 2010\u2014the investment in power grids has remained \u201cstatic\u201d at around $300 billion annually, it said.<\/p>\n

The 2015 Paris Climate Accords agreed to hold the global increase in average temperature to 1.5 degrees Celsius above pre-industrial levels. Delays in establishing the necessary power grid could put this target \u201cout of reach,\u201d the report stated.<\/p>\n

IEA presented a \u201cGrid Delay Case\u201d scenario in which the modernization of existing power grids and the setting up of new grids don’t happen in a timely manner…<\/p>\n

\n
\n
\n
\n

\u2026click on the above link to read the rest\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

World\u2019s Electric Grids Incapable of Supporting Renewable Energy Goals: Agency While investments in renewable energy have doubled since 2010, power grid funding has remained \u2018static.’ Electricity grid capacity available in the world isn’t keeping pace with the rapid growth of “clean energy” technologies, possibly putting governments’ climate goals at risk, according to a recent report […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[416,433,33636,1574,674,16350],"class_list":["post-65980","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-iea","tag-international-energy-agency","tag-naveen-athrappully","tag-power-grid","tag-renewable-energy","tag-the-epoch-times"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65980"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65980\/revisions"}],"predecessor-version":[{"id":65981,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/65980\/revisions\/65981"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}