Renewable power sources could meet all global energy needs by 2050
There are no  technical or economic barriers to providing all of the world´s energy  from renewable sources, according to a recent study. With a concerted  effort, including reduced demand and international cooperation, the  researchers suggest that the world could be entirely reliant on  renewable energy for electric power, transportation and heating/cooling  by 2050.
The study calculates that onshore wind, hydroelectric and geothermal  power already typically cost less than fossil fuel and nuclear power  (US$0.04-0.07 [EUR0.03-0.05] per kWh for the renewable technologies,  compared with US$0.07kWh for conventional generation), and by 2020,  offshore wind, wave, tidal, hydroelectric and concentrated solar sources  of renewable energy could cost less than conventional power generation.  All renewable technologies would also have a lower social cost (e.g.  costs to manage air pollution and remediate climate change damage) than  fossil fuel generation.
However, relying solely on renewable energy from wind, water or the sun  (WWS) presents a challenge: dealing with the variability of energy  generation from some renewable energy sources in order to ensure that  energy demand, which always varies throughout the day, can be met  reliably. 
To counter this, the researchers identify seven technical solutions to  ensure that energy demand can be met reliably from renewable energy  sources. They include: connecting different, geographically dispersed  sources; using an additional predictable power source, such as  hydroelectricity to meet demand; "smart" demand-response management  systems; storing power at the site of generation; over-sizing peak  generation capacity and producing hydrogen with the excess; storing  power in electric vehicles; and improving weather forecasting to better  predict renewable energy supply.
Three of these, better weather forecasting, demand management and  back-up hydroelectricity, would be inexpensive to implement.  Incorporating long-distance transmission and using electric vehicles to  store power when supply exceeds demand would increase the cost of  electricity from renewable sources by US$0.02/kWh (EUR0.01), but such a  system should reliably supply electricity to meet demand.
The study also considered whether WWS could be used to power vehicles.  While several previous studies have predicted that by 2030 electric cars  will have a lower lifecycle cost than petrol-driven vehicles, fewer  have looked at battery or fuel-cell powered trucks, buses, ships or  trains.. The analysis suggests that hydrogen-powered buses are likely to  have a similar or lower lifecycle cost than diesel-powered buses by  2020. Similarly, hydrogen locomotives will have a lower lifetime cost  once diesel fuel costs around US$2 (EUR1.4) per gallon (3.785 litres) and,  for ships, a photovoltaic-powered hydrogen system would pay for itself  in 10-20 years if the price of fuel oil rose by 15 per cent.
Finally, the researchers suggest that feed-in tariffs for renewable  energy are the most suitable way to encourage renewable energy  generation, as long as tariffs are gradually reduced over time to  encourage innovation and lower renewable energy costs. Other policies,  such as taxing fossil fuel use or eliminating subsidies for fossil fuels  in recognition of the environmental damage they cause, are most  effective if higher current estimates of the cost of climate change are  assumed.
The key conclusions of this analysis are that the cost of energy in a  100 per cent WWS scenario are similar to the cost today, and barriers to  a 100 per cent conversion to WWS power worldwide are primarily social  and political, and not technological or even economic.
 Source: Delucchi, M.A., Jacobson, M.Z. (2011) Providing  all global energy with wind, water and solar power, Part II:  Reliability, system and transmission costs, and policies. Energy Policy. Doi:10.1016/j.enpol.2010.11.045. 
Contact: madelucchi@ucdavis.edu
