Transition to 100% renewable energies in Berlin-Brandenburg is techno-economically possible
New short study by the Energy Watch Group (EWG) finds: Electricity would already be cheaper today with a full supply of 100% renewables
While governments around the world spend billions of dollars to rebuild economies in times of the COVID-19 pandemic, they fail to steer investments into the urgently needed energy transition. Not only are the deployment targets across the globe far too low to deliver the exponential growth of renewables required and therewith meet the objectives of the Paris Agreement, but also the increasing use of renewable energy auctions creates substantial additional barriers to achieving exponential growth.
With the Paris Agreement celebrating its fifth anniversary this week, all eyes are on the world’s governments to urgently scale-up climate action.
Stimulating investments in sector coupling and innovation: Energy Watch Group proposes new law for reliable and adequate renewable energy systems, which similar to the German Renewable Energy Sources Act (EEG), should be adopted in national parliaments worldwide
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