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https://reneweconomy.com.au/too-cheap-to-contain-and-too-big-to-ignore-the-electrotech-revolution-that-will-sweep-away-fossil-fuels/>
"A new report published this week has highlighted the profound disruption and
transformation of the global energy system – driven by the uptake of low cost,
highly efficiency “electrotech” – solar and wind, electric vehicles and heat
pumps, batteries and digitalisation.
The report, from the UK-based think tank Ember, says these new technologies are
three-times more efficient than fossil fuels, are capable of displacing around
70 per cent of fossil fuel imports, and will continue to see their costs fall
by around 20 per cent every time deployment doubles.
Most of all, the new report,
The Electrotech Revolution, flags a rethink
about the way the world views the global energy system, and draws a parallel
with the IT revolution that preceded it.
It divides the global energy system into two main parts – electricity
generation and energy use – and splits the planet into four key groups – mature
economies, China, emerging markets, and petro-regions – and paints a convincing
picture of how electrotech is reshaping how the world generates, uses, and
shifts electrons.
One of the most important of these – and often the most ignored – is the
stunning efficiency of these new technologies. Wind and solar are two to three
times more efficient, EVs up to four times more efficient, and heat pumps the
same.
The report also highlights the fact that these manufactured technologies
“borrow” Earth’s resources – like solar and wind – rather than “consuming” them
like the burning coal, oil and gas."
Share and enjoy,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
