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Renewable Energy Adoption: Is current growth enough to meet future climate targets?

Curtis, Steven LU orcid ; Sandin Lompar, Sofie LU ; Cherp, Aleh LU ; Jewell, Jessica and Libertson, Frans LU (2022)
Abstract
Every year, the world adds more renewable energy production capacity than the year before. But, looking historically, is this growth enough to achieve our climate targets? According to a recent publication in ‘Nature Energy’, the short answer is “no” – to meet the climate goals requires decades of growth in renewables at rates higher than those observed historically in most countries. In this episode, we chat with two of the co-authors – Jessica Jewell and Aleh Cherp – about their research, which examined historical data among 60 countries, and modeled an average maximum growth rate of wind and solar of approximately 1% per year. However, this growth rate has not been sustained over time in any country at the levels needed to meet many of... (More)
Every year, the world adds more renewable energy production capacity than the year before. But, looking historically, is this growth enough to achieve our climate targets? According to a recent publication in ‘Nature Energy’, the short answer is “no” – to meet the climate goals requires decades of growth in renewables at rates higher than those observed historically in most countries. In this episode, we chat with two of the co-authors – Jessica Jewell and Aleh Cherp – about their research, which examined historical data among 60 countries, and modeled an average maximum growth rate of wind and solar of approximately 1% per year. However, this growth rate has not been sustained over time in any country at the levels needed to meet many of the climate mitigation scenarios. To understand the implications of their research, we learn about the technology adoption lifecycle and the technology diffusion process. Finally, we discuss why technological learning may not speed up future growth, as countries lagging behind adoption of renewable energy may have less favorable conditions compared to early adopters. Learn more about their research at www.polet.network/. (Less)
Please use this url to cite or link to this publication:
author
and
other
LU and Jewell, Jessica
producer
LU
organization
publishing date
type
Non-textual form
publication status
published
subject
keywords
Renewable Energy, Energy transition
publisher
IIIEE, Lund University
language
English
LU publication?
yes
id
24952927-6e9e-48bf-9163-984237ca16ad
alternative location
https://advancingsustainablesolutions.transistor.fm/episodes/renewable-energy-adoption-is-current-growth-enough-to-meet-future-climate-targets
date added to LUP
2022-09-06 10:21:15
date last changed
2024-02-19 10:28:26
@misc{24952927-6e9e-48bf-9163-984237ca16ad,
  abstract     = {{Every year, the world adds more renewable energy production capacity than the year before. But, looking historically, is this growth enough to achieve our climate targets? According to a recent publication in ‘Nature Energy’, the short answer is “no” – to meet the climate goals requires decades of growth in renewables at rates higher than those observed historically in most countries. In this episode, we chat with two of the co-authors – Jessica Jewell and Aleh Cherp – about their research, which examined historical data among 60 countries, and modeled an average maximum growth rate of wind and solar of approximately 1% per year. However, this growth rate has not been sustained over time in any country at the levels needed to meet many of the climate mitigation scenarios. To understand the implications of their research, we learn about the technology adoption lifecycle and the technology diffusion process. Finally, we discuss why technological learning may not speed up future growth, as countries lagging behind adoption of renewable energy may have less favorable conditions compared to early adopters. Learn more about their research at www.polet.network/.}},
  author       = {{Curtis, Steven and Sandin Lompar, Sofie and Cherp, Aleh and Jewell, Jessica and Libertson, Frans}},
  keywords     = {{Renewable Energy; Energy transition}},
  language     = {{eng}},
  publisher    = {{IIIEE, Lund University}},
  title        = {{Renewable Energy Adoption: Is current growth enough to meet future climate targets?}},
  url          = {{https://advancingsustainablesolutions.transistor.fm/episodes/renewable-energy-adoption-is-current-growth-enough-to-meet-future-climate-targets}},
  year         = {{2022}},
}