A draft UN science report, expected to be approved this week, warns that we’re on the path toward irreversible climate change. We can still avoid that by making significant cuts to CO2 emissions, but the question is, will we? Unless you’re a Republican (sorry, but I call it like I see it), you’ve probably already accepted that the current situation is unsustainable and that immediate change is needed. What will it take? Fortunately, the answer is ‘not much’…well, apart from a decision to change (which in this political climate in the US, is no small feat!). A report from Deutsche Bank finds that rooftop solar will reach grid parity in all 50 states in the US by 2016. This means the cost will be the same or less than getting power from the electric grid (10 states have already reached grid parity). Removing the ‘cost’ argument from the debate will help a ton. What about the reality that solar power is not a 24/7 energy source? Good news there, too. Many companies have been working on energy storage systems, and they’re looking more and more promising (meaning, closer to production!). The latest is interesting…a company called Alevo has been operating out of the spotlight (sort of in stealth mode, though not like some startups)…and expects to be producing hundreds of utility-scale (read:massive) energy storage systems within a year. These 1MWh containers use lithium ferrophosphate and graphite batteries..cool tech. It’s easy to perhaps dismiss Alevo as yet another company with dreams and promises…except this one has raised a billion dollars from Swiss investors. Whoa. So they have the technology, they have the money, and they’re taking over a former Phillips Morris plant in North Carolina. This is a company to watch. Then of course you have Solar City looking to include battery storage systems with every home solar installation within 5-10 years.
So the future is bleak if we do not act…yet advances in technology along with greatly decreased costs is looking to push renewable energy to the forefront, despite the best efforts of Republicans opposing it. Now, just imagine how awesome that industry could be if it actually had broad support! Oh well. It’s a tsunami that can’t be stopped, I think…fortunately!