Making a global transition to 100% renewable energy has long been a dream of many, but new research published this week by the Lappeenranta University of Technology has proven it is no longer just a dream but a viable reality — a reality that is more cost-effective than the current fossil fuel-reliant system.
Presented on Wednesday during the Global Renewable Energy Solutions Showcase event (GRESS) on the sidelines of the United Nations Climate Change Conference COP23 in Bonn, Germany, the new study — Global Energy System based on 100% Renewable Energy – Power Sector — was conducted by the Lappeenranta University of Technology (LUT) and the Energy Watch Group (EWG).
Many might already be aware of the work being done by LUT, investigating the potential of 100% renewable electricity grids based on its own modeling work — modeling which “computes the cost-optimal mix of technologies based on locally available renewable energy sources for the world structured in 145 regions and calculates the most cost-effective energy transition pathway for electricity supply on an hourly resolution for an entire reference year.”
The University has already published results which highlight the potential case for a 100% Russia & Central Asia by 2030; a 100% South America by 2030; a 100% Iran & Middle East by 2030; India by 2050; and its biggest accomplishment, a successful model of a 100% renewable energy planetary system.
Read more at Clean Technica