I don't agree with their plan to make synthetic hydrocarbons, but they are right about solar. In 50 years solar will be so ubiquitous and cheap that people will be horrified that we kept burning fossil fuels and building nuclear plants for so long.
I don't agree with their plan to make synthetic hydrocarbons, but they are right about solar. In 50 years solar will be so ubiquitous and cheap that people will be horrified that we kept burning fossil fuels and building nuclear plants for so long.
Capturing CO2 is not ‘energy cheap’ and therefore it is best when and where possible much of what we start capturing to rid it from the carbon cycle rather than re-introduce it.
As you said, this trend will keep on going.
1: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#...
Real world example, one of the biggest batteries in the world likely will be paid off in 2-3 years: https://electrek.co/2018/09/24/tesla-powerpack-battery-austr...
Consider that "one of the biggest batteries in the world" stores 129 MWh, enough to sustain the US grid for one second.[1] (Of course, it can't discharge that quickly, so we really need four thousand of them to sustain the grid for one hour).
For comparison, the current capacity of pumped-storage hydroelectricity in the US is about 550GWh[2], the equivalent of about four thousand of those facilities. And we still don't have enough storage to replace nonrenewables with solar.
Batteries like that one won't reduce the actual price of energy storage here until Tesla builds thousands of installations in the US alone. And it would take hundreds of thousands worldwide (along with solar generation) to replace nonrenewable generation.
But it is a promising technology. If many are built quickly, and the reported financials prove accurate and scalable, we might have cheap grid-scale storage in ten or twenty years.
1: According to the US Energy Information administration, the US grid generates about 4 billion MWh per year.
https://www.eia.gov/energyexplained/electricity/electricity-...
That's about 127 MWh per second.
2: "[In the United States] forty-three PSH plants with a total power capacity of 21.9 GW and estimated energy storage capacity of 553 GWh accounted for 93% of utility-scale storage power capacity (GW) and more than 99% of electrical energy storage (GWh) in 2019."
https://www.energy.gov/sites/prod/files/2021/01/f82/us-hydro...
But I'm happy to discuss this too. That 50% figure is a peak (achieved when conditions were favorable) and ignores imported electricity.
According to [1], renewables accounted for 41% of power production in Germany in 2021, but only 16.1% of primary energy consumption.
AIUI, that difference comes from (a) imports and (b) the fact that primary energy consumption also includes heating and transport, two sectors that often aren't directly powered by electricity yet, but which must be before an economy can stop consuming non-renewable energy.
1: https://www.cleanenergywire.org/factsheets/germanys-energy-c...
I don't think we will entirely replace them, not unless there is some big innovation. Which could happen. I think it is going to be a combination of, mass uptake in renewables that come to about 1/2 or 1/4th of the total energy we use today, gains in efficiency from using electric rather than combustible heat engines, hydrocarbons in those few places it still makes sense - and most importantly - rational use of energy! Planned public transport instead of private vehicles for instance. Some stuff more in line with the sustainability and permaculture stuff that was being developed in the 1970's.
That’s my gut feeling as well. Perhaps the location of the consumer of the hydrocarbons would change that in some cases.