Half of the world’s new power capacity came from renewables last year, with China leading the way

[avb3]

http://qz.com/429166/half-of-new-power-generation-came-from-renewables-last-year-with-china-leading-the-way/


A fundamental shift is underway in energy markets, according to the International Energy Agency. The group has set out a hugely detailed plan (pdf) for mitigating climate change in a new report, highlighting how the link between economic growth and emissions is weakening.

I was surprised by two things, one that China invested half and renewable energies of the total worlds new power, secondly the massive amounts of dollars that have been invested in renewable power, in total, renewables accounted for 128 gigawatts of new power capacity, attracting some $270 billion in investments.

[hillbillyreefer]

That's good, but let's put it into perspective.

We utilize about 15terrawatts of energy, 4 of those are electricity and the electricity demand is growing at 2.5%/yr. We have a long way to go.

Next question is how much of that investment was viable economically feasible growth versus manipulated market, taxpayer subsidized feel good green programs?

[avb3]

That's good, but let's put it into perspective.

We utilize about 15terrawatts of energy, 4 of those are electricity and the electricity demand is growing at 2.5%/yr. We have a long way to go.

Next question is how much of that investment was viable economically feasible growth versus manipulated market, taxpayer subsidized feel good green programs?

I have provided links which showed that even without the subsidies that existed, and let's not forget that the oil industrie is also subsidized, that even now with the low carbon energy prices that exist, alternative energy sources are competitive.

It is this last fact that concerns me for what will happen in Alberta. Alternative energy implementation is occurring now at a much faster rate then I think anybody had expected, and as such will have and effect on the demand of carbon-based fuels.

We all know that Alberta produces expensive carbon-based fuels and if the trend for the alternative energy production continues on what appears to be on a hockey stick slope trajectory, it will be a sea change from the economic realities that existed in Alberta for the past 60-70 years.

I have no idea how we can adjust to that in the short term. I suspect the world of hurt we are in now may well be longer rather than shorter.

[Newellknik]

Like a lot of information I don't believe it . What I do believe is that
There has been a lot of money spent by very rich people to bring
Certain industries to their knees . And to a certain extent they
Have succeeded .
My one and only concern here today is that I own a 75 K vehicle
That runs on gasoline . I want that fuel to be readily available at
A reasonable price so I am able to continue to go fishing and hunting .
All that anti oil is crap . I think Quartz is right there with the rebel
The onion etc. Might as well quote the CBC .

[cotang]

http://qz.com/429166/half-of-new-power-generation-came-from-renewables-last-year-with-china-leading-the-way/


A fundamental shift is underway in energy markets, according to the International Energy Agency. The group has set out a hugely detailed plan (pdf) for mitigating climate change in a new report, highlighting how the link between economic growth and emissions is weakening.

I was surprised by two things, one that China invested half and renewable energies of the total worlds new power, secondly the massive amounts of dollars that have been invested in renewable power, in total, renewables accounted for 128 gigawatts of new power capacity, attracting some $270 billion in investments.

128 gig watt is like a drop in the bucket.the average person uses 500 to 1000 gigswatt. so this tells me this is a huge waste of money. Could've been spent better in planting trees to clean up the smog.

[rugatika]

http://qz.com/429166/half-of-new-power-generation-came-from-renewables-last-year-with-china-leading-the-way/


A fundamental shift is underway in energy markets, according to the International Energy Agency. The group has set out a hugely detailed plan (pdf) for mitigating climate change in a new report, highlighting how the link between economic growth and emissions is weakening.

I was surprised by two things, one that China invested half and renewable energies of the total worlds new power, secondly the massive amounts of dollars that have been invested in renewable power, in total, renewables accounted for 128 gigawatts of new power capacity, attracting some $270 billion in investments.

To be honest, I just don't believe any of the propaganda coming out of these guys anymore. They have shown time and time again they have no problem lying, and falsifying data to advance their agenda. Everything some "Believer" says is so tainted that you may as well be listening to some little kid tell you about all the space aliens he killed.

[avb3]

To be honest, I just don't believe any of the propaganda coming out of these guys anymore. They have shown time and time again they have no problem lying, and falsifying data to advance their agenda. Everything some "Believer" says is so tainted that you may as well be listening to some little kid tell you about all the space aliens he killed.

You mean theI nternational Energy Agency?

They seem pretty legit to me:

http://www.iea.org/aboutus/

[rugatika]

You mean theI nternational Energy Agency?

They seem pretty legit to me:

http://www.iea.org/aboutus/

The IEA is an autonomous organisation which works to ensure reliable, affordable and clean energy for its 29 member countries and beyond. The IEA has four main areas of focus: energy security, economic development, environmental awareness and engagement worldwide.


Yep, has that creepy UN vibe to it.

As I've always said, the politicization of science will result in an erosion of the public trust in the "scientific" community. And it has.

[fish_e_o]

china lies about literally everything. i wouldn't believe a word out of that governments mouth if it was me

[rugatika]

http://lethbridgeherald.com/news/local-news/2016/01/18/wind-energy-has-issues/

Didn't know if I should start a new thread or not...but here it is.

An objective look at Alberta's new energy plan.

http://lethbridgeherald.com/news/local-news/2016/01/18/wind-energy-has-issues/

Alberta’s shift to renewable energy and away from coal is going to be bad news for Albertans, members of the Foothills Little Bow Municipal Association heard Friday.

Outdoorsman and author Clive Schaupmeyer represents a local group called the “Energy Colegium” – a group of retired professionals with a wide range of backgrounds with the goal of looking at factors regarding increasing electrical costs, and to provide municipalities with information on the electricity sector.

Schaupmeyer noted many people don’t realize the actual cost of renewable energy and how the plan to end coal use is going to bite into their wallets.

“We’re not saying (renewables) don’t work,” he said. “We’re saying they are expensive.”

[hillbillyreefer]

I have provided links which showed that even without the subsidies that existed, and let's not forget that the oil industrie is also subsidized, that even now with the low carbon energy prices that exist, alternative energy sources are competitive.

It is this last fact that concerns me for what will happen in Alberta. Alternative energy implementation is occurring now at a much faster rate then I think anybody had expected, and as such will have and effect on the demand of carbon-based fuels.

We all know that Alberta produces expensive carbon-based fuels and if the trend for the alternative energy production continues on what appears to be on a hockey stick slope trajectory, it will be a sea change from the economic realities that existed in Alberta for the past 60-70 years.

I have no idea how we can adjust to that in the short term. I suspect the world of hurt we are in now may well be longer rather than shorter.

You aren't seriously promoting anything hockey stick shaped are you? Even the most hardcore anti human race protestors have given up on that.

Seems that you want to make the "world of hurt" permanent by destroying all carbon based jobs.

No your big green shift isn't happening as quickly as you hope, no it isn't going to benefit anyone in Alberta except for a few crooks like your idol Elon Musk Who will sell morons magic beans. Some people love giving money to socialists, some don't.

[Peter Gill]

128GW of new capacity, and capacity does not equal generation.

Assume however such a fantasy scenario where this new "capacity" is able to generate 24 hours per day, 365 days per year, i.e. always generating full capacity all the time:
128GW x 24 hours = just over 3TW per day.
3.07TW x 365 days = 1120TW per year.

China in 2014 produced 5600TW of electricity. The entire added capacity would power China for about 10 weeks, assuming absolute efficiency and all of the power goes to China.

Not exactly bright lights & sunshine, is it?