As more countries adopt green strategies in sourcing electricity, the road to energy consumption solely by renewables becomes a little smoother and a little less risky to travel on.
But the big question remains as to if the complete transition into green energy is possible and even economically viable on a global scale.
In a perfect world, a total switch to solar, wind and bio energy would be the obvious solution to problems such as power shortages, climate related changes and so forth, yet with factors like politics and funding, our objective to eradicate fossil fuel dependence is constantly being challenged.
Although some people will argue that he is out of his depth, physicist and professor Dr. David McKay explained that if we are at all serious about energy security and climate change, we’ll find the money for it instead of spending it on various projects of dubious benefit.
Main obstacles to renewables in Hawaii
Hawaii may be leading the US and the rest of the world in terms of solar energy converted households and businesses, but parts of the mainland suffer from cloudiness and no wind which many assume are obstacles towards a 100 percent conversion to renewables. Plus, there currently isn’t a cheap solution in storing solar and wind energy.
The reality is that storing solution previously spoken about is not the only answer to the predicament, considering that certain areas of the nation are reliable sources of wind and solar; it’s just a matter of building a national power grid that will be constructed on lines that can send energy to different regions whenever needed.
Conversion to renewables in US to gain pace
Prior to recent studies, most research had been conducted on better and affordable storage facilities, which have been necessary for specific industries like electrical vehicles. Looking at the weather conditions across the country, experts have discovered that the US as a whole has a steady supply of wind and solar, and that a bigger power grid with efficient lines could be a viable solution, with the possibility that electricity rates will lower by 2030 and cut emissions by 80 percent from 1990 levels.
Why oil is dominant source of energy?
Despite ongoing research on clean energy, oil still plays an integral part for the large majority of the world. The fossil fuel proved once again to be an extremely volatile commodity these past couple of years, with shares on an overall continual downfall.
This has sparked controversies with OPEC countries as global economies have urged them to cut production but have instead monopolized the market and upped their production rates. In regions like the Middle East that have sunshine throughout the seasons are heavily dependent on oil as an economic driver and a key player in the job market, especially in Iraq where oil companies have been known to engage a predominantly local workforce.
Switching to renewables in EU is going well
Looking at other corners of the world, other nations seem to be making the adjustments without the struggles as outlined earlier. According to the European Union, around one-third of its members have already met the target of having 20 percent of their energy needs met via renewables, a benchmark that was set to be met by the end of a decade.
As it stands, Eurostat data reveal that 28 members have met their 2020 goal, with the United Kingdom scoring the worst out of all members at just 7 percent. Because the road to green energy is a long one, EU states have already agreed to a 27 percent target by 2030, and just by observing the progress that’s already been made in the continent; the 2030 target seems to be well within their reach.
Need to promote energy diversity
As scientists and forward thinkers delve deeper into renewables, they are learning that despite all the obstacles and hindrances, a world run by wind, solar, and bioenergy is still a prospect we are banking on. It’s just a matter of convincing financial backers to fund innovation and changing policies to promote energy diversification, rather than continuing to spend billions on petrocarbon ventures, which can easily be rerouted into sustainable power projects.