On Monday, the Division of Vitality’s Lawrence Berkeley Lab launched a report entitled “Midway to Zero,” referring to a aim of a zero-emission US electrical grid. The report’s headline declare is a bit bogus, in that we have not minimize our emissions in half relative to any level in historical past. As an alternative, they’re all the way down to half of the place they had been projected to be in a report issued again in 2005.
Nonetheless, regardless of this sleight of hand, the report makes for attention-grabbing studying in that it reveals how quickly the power market has modified and the place the traits which are driving these adjustments may lead us in one other 15 years. So whereas we’re probably not in a spot to be patting ourselves on the again for every thing we have completed, the report does present causes for optimism.
Persistently unsuitable projections
The inspiration for the brand new work is among the many editions of the Vitality Info Company’s (EIA) Annual Vitality Outlook, particularly the one from 2005. These publications check out the state of the US power markets in the latest 12 months for which there’s information and tries to venture how these markets will evolve over the approaching years. In 2005, that meant that projections went so far as 2025.
Learn 18 remaining paragraphs | Feedback