Deep decarbonization requires deep pockets – trillions required to make the transition

Table of contents

• Executive summary
• Introduction
• 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
  • 2. Extend time horizons to 2040 or 2050
  • 3. Allow for inclusion of zero-carbon technologies
  • 4. Reduce mandates from ZC100 to ZC80
• Conclusions

Tables and charts

This report includes 3 images and tables including:

• 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:

• Deep decarbonization requires deep pockets – trillions required to make the transition

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