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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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IEA: Wind Power Could Supply 18% of World’s Power by 2050 - POWER Magazine

IEA: Wind Power Could Supply 18% of World’s Power by 2050 - POWER Magazine | The Great Transition | Scoop.it

"Up to 18% of the world’s electricity could be generated with wind energy by 2050, but the massive jump from 2.6% today would require the nearly 300 GW of current wind capacity worldwide to increase eight- to tenfold and cost nearly $150 billion a year..."

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PwC report confirms big growth in renewable energy deals

PwC report confirms big growth in renewable energy deals | The Great Transition | Scoop.it

Deals for 'new generation' renewable technologies – wind, solar, biomass - are entering the big time driving the market to new record highs, reports PwC in its annual global analysis of merger and acquisition (M&A) transactions in the renewable sector.

 

Despite the global economic slowdown and the debt crisis in Europe, the renewable energy sector keeps showing strong growth and market consolidation.

 

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Wind Power Produces Just 4-14% Emissions of Fossil Fuels, Even With Manufacturing & Decommissioning

Wind Power Produces Just 4-14% Emissions of Fossil Fuels, Even With Manufacturing & Decommissioning | The Great Transition | Scoop.it

A new life-cycle assessment of the environmental impact of wind power confirms the greenhouse gas reduction potential of replacing fossil fuels by wind energy.

 

This article from Treehugger summarises a new analysis published in Environmental Research Letters.

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How renewables will change electricity markets in the next five years

How renewables will change electricity markets in the next five years | The Great Transition | Scoop.it

Photovoltaic (PV) cells, onshore wind turbines, internet technologies, and storage technologies have the potential to fundamentally change electricity markets in the years ahead. Photovoltaic cells are the most disruptive energy technology as they allow consumers of all sizes to produce power by themselves—new actors in the power market can begin operating with a new bottom-up control logic. Unsubsidised PV markets may start to take off in 2013, fuelling substantial growth where PV power is getting cheaper than grid or diesel backup electricity for commercial consumers.

 

Good overview of the potential of renewables in the science magazine Energy.

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The Oil Drum | Wind Fights Solar; Triangle Wins

The Oil Drum | Wind Fights Solar; Triangle Wins | The Great Transition | Scoop.it

On the Oil Drum, physics professor Tom Murphy does the maths on wind, solar and fossil fuels. Some fascinating figures in this excellent analysis.

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