Widely-available low cost renewable power is on the horizon and intermittency need not be a barrier to taking advantage of plummeting energy costs, according to former chair of the UK’s Climate Change Commission (CCC), Lord Adair Turner. Speaking in London yesterday, Lord Turner said work he had overseen since beginning his role as chair of the Energy Transitions Commission (ETC) last year suggested 80-90 per cent renewables-powered grids were achievable in the UK within the next 20 years at a competitive cost. Established in September 2015 to help push forward the transition to low carbon economy, the ETC is a global expert body made up of 27 environmental and clean energy leaders, including former US Vice President Al Gore, UK economist Lord Nicholas Stern, and former Mexico President Felipe Calderon. “What has struck me from the results of what we have done so far is a remarkable piece of good news,” Lord Turner said yesterday. “We are convinced that we will be able to build in the next 20 years something close to wholly-renewable systems – 80 or 90 per cent intermittent renewable systems – even if you don’t have a significant base load of nuclear, and also at a clearly sustainable cost in terms of the total cost.” Lord Turner said that when he was chair of the CCC nearly a decade ago he had not foreseen the kind of highly competitive renewable energy costs now being delivered at energy contract auctions around the world.
Business Green 3rd Nov 2016 read more »