Answer 10 of the dossier “40 KEY QUESTIONS TO UNDERSTAND THE FUTURE OF THE WORLD”, coordinated by Albert Bosch from a request of the communication group “GRUPO Z”, where an expert in each subject answers a question about the trend of a certain topic. In this specific case, this question is answered by OSCAR ACEVES:
The answer is very clear: yes, because it is the best option together to saving and efficiency; and the urgency of climate crisis pushes us to reduce greenhouse gas emissions.
Fossil fuels, including gas obtained by fracking techniques, will begin their decline in one or two decades. Nuclear energy is not economically viable in countries where an organized civil society requires appropriate security measures. And the emergence of a miraculous new technology can not be naively expected.
And meanwhile, renewable energies, with the solar and wind installations in the lead, have matured technologically and have reduced their costs dramatically, becoming more competitive than those of fossil origin. The rapid development of electrical utilities (vehicles, industry, etc.) will facilitate the development of new batteries and experience a drastic reduction in costs; and this will allow the accumulation of energy efficiently from renewable sources.
The transition to a green economy has already begun, and with much more strength than people think. Global investment in renewables is growing unstoppably in countries with a very different level of economic development, with a record in 2015 of 286.000 million dollars and 118 GW of new installed power (53.6% of the total), surpassing for the first time time in history to the investment made in new non-renewable power (coal, gas and nuclear).
The forecasts of investment in renewable infrastructures will allow reaching 100% of renewables worldwide between 2040-2050. We have at our hand a future with all the necessary energy, without polluting emissions and available in every corner of the world
Óscar Aceves: Pioneer of solar energy in Spain, and currently Independent Consultant on Solar Energy Solutions.