Insight
Deep decarbonization requires deep pockets – trillions required to make the transition
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Momentum is building for the energy transition as policymakers are pushing the “RE100” discourse to center stage. Achieving a fully decarbonized grid will require trillions in renewable power generation investment, step changes in storage technology and a more aggressive approach to high voltage transmission deployment. The goal is attainable, but aggressive timelines risk public backlash and market disruption that could derail the effort.
Table of contents
- Executive summary
- Introduction
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Operational challenges associated with RE100 policies
- Feast or famine – coping with intermittency
- Tallying the price of transition – a US example
- Buildout of wind and solar capacity to meet RE100
- Storage investments to backstop intermittency
- Transmission costs
- Cost inflation given supply chain requirements
- Crafting compromises – charting a path forward
- 1. Allow time for new technologies to be commercialized
- 3 more item(s)...
- Conclusions
Tables and charts
This report includes the following images and tables:
- Figure 1: Hourly wind and solar generation share for select LCPS
- Figure 2: Hourly power prices at varying levels of W+S market penetration
- Figure 3: Transitions costs vs levelized costs of renewables
What's included
This report contains:
