Stanford study suggests remarkable savings made possible by clean energy transition: ‘Reliable and inexpensive’

Stanford study suggests remarkable savings made possible by clean energy transition: 'Reliable and inexpensive'  The Cool Down

Stanford study suggests remarkable savings made possible by clean energy transition: ‘Reliable and inexpensive’

Stanford study suggests remarkable savings made possible by clean energy transition: 'Reliable and inexpensive'Report on Stanford University Study on Clean Energy Transition

A Roadmap for Efficient and Cost-Effective Future Energy Systems

A new study from Stanford University scientists could provide a roadmap for more efficient and cost-effective future energy systems.

Study Details

The study, titled “Batteries or hydrogen or both for grid electricity storage upon full electrification of 145 countries with wind-water-solar?” and published in the scientific journal iScience, modeled different combinations of energy storage systems — battery storage, green hydrogen storage, and hydropower storage — to find the least expensive and most efficient.

Sustainable Development Goals (SDGs)

“Given that humanity depends on a clean energy transition to address air pollution, global warming, and energy security, it is important to ensure that the new energy system is reliable and inexpensive,” Mark Z. Jacobson, the author of the study and a professor of civil and environmental engineering at Stanford University, wrote.

Key Findings

Ultimately, the study found that the 145 countries looked at could reduce their annual energy costs by 61% by fully transitioning to clean energy. The first step is to electrify all energy sectors as much as possible, as the efficiency of electricity over combustion reduces energy demand by 38%. The results provide countries with concrete evidence and the confidence that 100% clean, renewable grids not only lower costs but are also just as reliable as the current grid system.

Hydrogen Storage

Hydrogen storage — an important aspect of the study — could significantly reduce energy costs in some regions and could be an important part of long-term energy storage solutions in the future. While battery storage remains more viable and cost-effective for short-term energy storage, hydrogen could be used to store solar and wind energy for weeks or months, essentially converting it into physical fuel.

Conclusion

As with any newer technology, at present the tech for green hydrogen storage is expensive and some of the details have yet to be ironed out — but keep an eye on this exciting new form of green energy storage that could play a major role in our transition to fully clean and renewable energy.

Sustainable Development Goals (SDGs)

The findings of this study align with several Sustainable Development Goals (SDGs), including:

  1. SDG 7: Affordable and Clean Energy
  2. SDG 9: Industry, Innovation, and Infrastructure
  3. SDG 11: Sustainable Cities and Communities
  4. SDG 13: Climate Action

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References

For more information, you can read the full article here.

SDGs, Targets, and Indicators

  1. SDG 7: Affordable and Clean Energy

    • Target 7.1: By 2030, ensure universal access to affordable, reliable, and modern energy services
    • Indicator: Percentage of population with access to electricity
  2. SDG 13: Climate Action

    • Target 13.2: Integrate climate change measures into national policies, strategies, and planning
    • Indicator: Number of countries that have integrated climate change measures into national policies, strategies, and planning
  3. SDG 9: Industry, Innovation, and Infrastructure

    • Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure
    • Indicator: Proportion of the rural population who live within 2 km of an all-season road
SDGs Targets Indicators
SDG 7: Affordable and Clean Energy Target 7.1: By 2030, ensure universal access to affordable, reliable, and modern energy services Percentage of population with access to electricity
SDG 13: Climate Action Target 13.2: Integrate climate change measures into national policies, strategies, and planning Number of countries that have integrated climate change measures into national policies, strategies, and planning
SDG 9: Industry, Innovation, and Infrastructure Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure Proportion of the rural population who live within 2 km of an all-season road

Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.

Source: thecooldown.com

 

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