Can renewable energy power the future?

Patrick Moriarty and Damon Honnery

Energy Policy, 2016, vol. 93, issue C, 3-7

Abstract: Fossil fuels face resource depletion, supply security, and climate change problems; renewable energy (RE) may offer the best prospects for their long-term replacement. However, RE sources differ in many important ways from fossil fuels, particularly in that they are energy flows rather than stocks. The most important RE sources, wind and solar energy, are also intermittent, necessitating major energy storage as these sources increase their share of total energy supply. We show that estimates for the technical potential of RE vary by two orders of magnitude, and argue that values at the lower end of the range must be seriously considered, both because their energy return on energy invested falls, and environmental costs rise, with cumulative output. Finally, most future RE output will be electric, necessitating radical reconfiguration of existing grids to function with intermittent RE.

Keywords: Ecosystem services; Energy constraints; Energy storage; Intermittency; Net energy; Renewable energy potential (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (85)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:93:y:2016:i:c:p:3-7

DOI: 10.1016/j.enpol.2016.02.051

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