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Page added on October 23, 2018

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Energy Transition to Reach ‘Point of No Return’ by 2035

Alternative Energy

By 2035 the global energy transition will reach a point of no return, according to a recent report from Wood Mackenzie.

By that year, says WoodMac, renewables will likely meet 20 percent of global power demand, up from today’s 7 percent. The combination of wind, solar and electric vehicles will displace about 100 billion cubic feet of oil per day, creating an “unstoppable” shift for companies and countries around the world.

“Stopping this transition seems highly unlikely,” reads the report. “It’s going to happen.”

Though several global power markets already claim percentages of renewables above 20 percent, WoodMac projects a wide range of markets will rise to reach that level in coming decades. After that, adoption of renewables accelerates even faster — with wind, solar and electrified transport becoming “the default choice across many energy systems around the world.”

Power markets will completely transform. WoodMac notes in the report that wind, solar and storage all have “high disruptive potential in power markets.”

A year after the 2035 inflection point, WoodMac forecasts a peak in oil demand, with electric motors accounting for 15 to 20 percent of all miles traveled in buses, cars, trucks or on bicycle. Electric vehicles could eliminate the use of 6 million barrels of oil per day by 2040.

WoodMac also notes the inflection point could come earlier as policy gets more ambitious, or if technologies such as advanced energy storage and microgrids take root earlier than current projections.

The report is significant in that it’s coming from an oil and gas consulting group. In September, WoodMac unveiled its new Power & Renewables team, assembled from its own global power analysts along with analysts from recently acquired companies MAKE Consulting, which focuses on wind research, and GTM Research.

The transition is inevitable and powerful. But WoodMac’s projections are still far behind the emissions scenarios that scientists say are necessary to mitigate the worst effects of climate change. In a report released by the U.N. this month, authors claimed the world needs to get 70 to 85 percent of its electricity from renewables by mid-century to limit warming to 1.5°C.

WoodMac’s head of global wind energy research Dan Shreve said, “We’re going to have a tremendous amount of difficulty” reaching the IPCC’s goals based on WoodMac’s current projections of the energy transition.

Want deeper analysis on where things stand? Click here to read more on how WoodMac’s report compares to the IPCC’s vision.

GTM



154 Comments on "Energy Transition to Reach ‘Point of No Return’ by 2035"

  1. Davy on Thu, 25th Oct 2018 10:12 am 

    Onlooker. That is someone using my handle again and now makati1 too

  2. onlooker on Thu, 25th Oct 2018 10:18 am 

    Hmm, someone is quite the Prankster here. We got a real whodunit

  3. I AM THE MOB on Thu, 25th Oct 2018 10:48 am 

    No one could have predicted that the party of Nazis, child molesters, wife beaters, income tax cheaters, compromised Russian assets, blackout-drunk rapist judges and bonesaw murder apologists, would also be the party of deranged bomb-sending terrorists

  4. Anontarded1 on Thu, 25th Oct 2018 10:57 am 

    ^mm^ i agree

  5. Anontarded1 on Thu, 25th Oct 2018 11:24 am 

    ^mm^ trump is classic case of moral decay in america from using and disrespecting women. then he later took the oposite direction. this is unusual for an old man who had many regrets. his records of sexual escape are there for all to see but they play the game of poker hoping it would go away.

    this is nothing different from muhammad atta who visited strip clubs and later turned devout. this is the same thing that Mohammed Reza Taheri-azar did …

    trump subverted christianity for his own gain and christians are silent. isis subverted islam for their own gain and muslims pay the price

    https://en.wikipedia.org/wiki/2006_UNC_SUV_attack

    read john esposito he’s a supertard you’ll see.

  6. Anonymouse1 on Thu, 25th Oct 2018 1:48 pm 

    The davyturd just cranked out another slew of his fake posts onlooker…..

  7. Anonymous1 on Thu, 25th Oct 2018 3:30 pm 

    I didn’t say that. Davy turd is at it again.

  8. Sissyfuss on Thu, 25th Oct 2018 4:24 pm 

    Am I saying this or has a sock puppet purloined my handle? You be the judge.

  9. Davy on Thu, 25th Oct 2018 5:51 pm 

    I am sorry for all my endless trolling and trouble I am causing, but I know I am right. My motives are pure and noble as the United States of America and all it stands for. Nedernazis and billy3rdworld are ruining all I have worked so hard to achieve. This is only way I know to moderate their goofy extremism. I keep asking PO.com to make me master of the website so that I can ban anyone who offends my delicate ego at will, but pending my promotion to that position, which should be announced any day now, this will have to do.

  10. I AM THE MOB on Thu, 25th Oct 2018 5:59 pm 

    MAGA Bomber sketch released

    https://i.redd.it/59jt2xo75cu11.jpg

  11. makati1 on Thu, 25th Oct 2018 6:03 pm 

    Name theft = Retarded children loose on the debate board. Grow up retards.

  12. Anonymouse1 on Thu, 25th Oct 2018 6:14 pm 

    I didn’t say, “I didn’t say that”, FYI.

    1:48 > Real

    3:30 > Fake. (Davyturd)

  13. I AM THE MOB on Thu, 25th Oct 2018 6:16 pm 

    Why Conservatives So Readily Fall for Fake News

    http://www.citypages.com/news/why-conservatives-so-readily-fall-for-fake-news/498350461

  14. Anontarded1 on Thu, 25th Oct 2018 6:22 pm 

    mak i don’t know what u talkin’ about, america is great. i drive around and see no sings of decay. maybe yout talkina about phils?

    only in your mind buddy, we’re all peaceful muslims here so be real

  15. Anonymouse1 on Thu, 25th Oct 2018 6:31 pm 

    I didn’t say, “I didn’t say that”, FYI.

    1:48 > Real

    3:30 > Fake. (Davyturd)

    6:14 > Fake. (Davyturd)

  16. makati1 on Thu, 25th Oct 2018 6:34 pm 

    Anon, be patient this too shall pass.

  17. Anonymouse1 on Thu, 25th Oct 2018 6:37 pm 

    Mak, I will try this is stressing me out.

  18. JuanP on Thu, 25th Oct 2018 6:43 pm 

    I fucking hate the exceptionalist. When I find time I will help you guys out. I am too busy kitesurfing at the moment.

  19. Anonymouse1 on Thu, 25th Oct 2018 6:44 pm 

    6:37 comment > Fake (Davyturd)

  20. makati1 on Thu, 25th Oct 2018 6:50 pm 

    6:34 PM = Fake Makati1

    The jackasses are loose and the psych police are looking for them to be locked up …again.

    I guess the site owner wants it to be destroyed? It is well on its way. Just deport Davy, MOB, and their sock puppets to correct the situation.

  21. Anontarded1 on Thu, 25th Oct 2018 6:53 pm 

    mak ur life is sad bro. u sit in front of computer all day long wishing for demise of supertard america. not happening.
    you have nothing else going, no foraging skills, no farm, etc. SAD!

  22. I AM THE MOB on Thu, 25th Oct 2018 6:58 pm 

    Anon

    Mak is an angry impotent old man with a diaper full of poop..

    You would be angry too..

  23. I AM THE MOB on Thu, 25th Oct 2018 6:59 pm 

    madkat you are fucking loser. Quit complaining and go change your diaper.

  24. Anonymouse1 on Thu, 25th Oct 2018 7:03 pm 

    I AM THE MOB on Thu, 25th Oct 2018 6:58 pm
    I AM THE MOB on Thu, 25th Oct 2018 6:59 pm

    Which one is the real davyturd sock? This is getting out of hand.

  25. makati1 on Thu, 25th Oct 2018 7:08 pm 

    Anon, I am about ready to leave this site.

  26. I AM THE MOB on Thu, 25th Oct 2018 7:11 pm 

    Suspicious packages could be ‘Russian operation,’ says MSNBC host

    https://www.rt.com/usa/442301-suspicious-packages-russian-operation/

    This was the false flag we were waiting for..Nuclear first strike is coming!

    You can run putin but you can’t hide!

  27. makati1 on Thu, 25th Oct 2018 7:16 pm 

    I have been off the internet since my post at 6:50 PM. Therefore any posts with my name are fake and the children need to be banished from the site.

  28. makati1 on Thu, 25th Oct 2018 7:18 pm 

    I didn’t say that:

    7:16 PM = Fake Makati1

  29. makati1 on Thu, 25th Oct 2018 7:18 pm 

    Tard, I am not on the computer most of the time, unlike yourself and a few other retards here. I do check in occasionally between more important projects. This is daytime here in the Philippines.

  30. twocats on Thu, 25th Oct 2018 7:22 pm 

    blah blah blah, brainy insightful analysis of the collapse of human species, smug smug full of myself blah blah blah

  31. twocats on Thu, 25th Oct 2018 7:24 pm 

    oh no!!!!! someone SOCK PUPPETED me!?!?!!! Yes! very true! dear god, the Zoomanity!!!

    kidding, I just wanted in on this hot puppet self love going on here… everyone knows I can’t be sockpuppeted… just too dang smart. and smug. very smug.

  32. makati1 on Thu, 25th Oct 2018 7:24 pm 

    More of America’s decline: “Viral Outbreak: College Campuses Plagued By Hand, Foot, And Mouth Disease”

    http://www.shtfplan.com/headline-news/viral-outbreak-college-campuses-plagued-by-hand-foot-and-mouth-disease_10252018

    Declining standard of living. Declining life expectancy. Spiraling drug use. Increasing obesity and suicide. Declining education. Real unemployment over 20%. Real inflation over 10%. How long can America stand? Not long, I think.

  33. Anonymouse1 on Thu, 25th Oct 2018 7:41 pm 

    7:03 > Fake (Davyturd)

  34. Cloggie on Thu, 25th Oct 2018 7:43 pm 

    “I am about ready to leave this site.”

    Yes makati, a few here, mostly this antifa clown the mob, have discovered how to blow up this site.

  35. Cloggie on Thu, 25th Oct 2018 8:10 pm 

    “Option 3: The final option is to do none of these things and for people to adapt to a situation in which they occasionally need to go without power (and heat). This won’t be very popular, but at the end of the day, the solution will be dictated by what people can afford.”

    It is very well possible that during the transition period we’ll have considerable periods of blackout. Remember that life in Siberia comes to a virtual standstill for 6 months per year or so. People remain inside or even in bed.

    Note that with “electric clothing” poor people can stay warm without space heating for a few dollar per month and half a kWh per day:

    https://deepresource.wordpress.com/2012/04/21/electric-clothing/

    it’s better than nothing.

  36. makati1 on Thu, 25th Oct 2018 8:14 pm 

    Guys, I am not going to play your immature games. I will post replies only to comments I believe to be coming from the original names, not the idiots who want to wreck the site.

    I WILL continue to post anything I find interesting to support my assertion that America is going down.

  37. makati1 on Thu, 25th Oct 2018 8:17 pm 

    I will say that those who are trying to destroy this site are typical of the Americans who are destroying America. They deserve all the shit that is going to happen to them in the near future. Especially one Missouri retard called “{Davy”.

    I’ll be back this afternoon, maybe. It is 9:17 AM here.

  38. I AM THE MOB on Thu, 25th Oct 2018 8:38 pm 

    Clogg

    Count bread standin on white bitch head! BLM!

    https://imgur.com/a/T29KCpM

    HAHA!

  39. I AM THE MOB on Thu, 25th Oct 2018 9:00 pm 

    Fox’s Geraldo Rivera on bombs sent to Democrats: “At the risk of sounding like a far right-wing lunatic … I believe that this whole thing was an elaborate hoax”

    https://www.mediamatters.org/video/2018/10/25/fox-s-geraldo-rivera-bombs-sent-democrats-risk-sounding-far-right-wing-lunatic-i-believe-whole-thing/221859

  40. Cloggie on Thu, 25th Oct 2018 9:02 pm 

    “Suspicious packages could be ‘Russian operation,’ says MSNBC host”

    “could”

    I hope that they were send by rightwingers, but in that case one only despair by their incompetence. 9 bombs, zero result. It could have well been a CIA false flag to discredit Trump in the face of the elections.

    One thing is certain… it is just another sure sign that US society is heading towards a split.

  41. Cloggie on Thu, 25th Oct 2018 9:06 pm 

    “I will say that those who are trying to destroy this site ”

    Identity theft can easily be prevented by a simple user/password combination, like almost all boards have.

  42. Cloggie on Thu, 25th Oct 2018 9:16 pm 

    https://www.dailymail.co.uk/news/article-6318025/Inside-life-foul-mouthed-bully-Sir-Philip-Green.html

    https://en.wikipedia.org/wiki/Philip_Green

    Yet another #metoo jew busted with his pants down.

    Very interesting is the development in the Labour party:

    https://www.theatlantic.com/international/archive/2018/08/labour-corbyn-anti-semitism/568468/

    Are they escaping from ZOG-UK?

  43. I AM THE MOB on Thu, 25th Oct 2018 9:21 pm 

    Clogg

    You know peak oil has come and the oil shortage is coming soon..And that is the ball game of the global economy..You better live large now..Because soon you will wish you were dead..

  44. I AM THE MOB on Thu, 25th Oct 2018 9:23 pm 

    CLogg

    Enough with the daily mail fake news.They are banned by wikipedia because they write fake stories..Just like bretbart..You right wingers will believe anything because you low iq’s..

    Why Conservatives So Readily Fall for Fake News
    http://www.citypages.com/news/why-conservatives-so-readily-fall-for-fake-news/498350461

  45. Antius on Fri, 26th Oct 2018 12:04 am 

    “Are they escaping from ZOG-UK?”

    Traditionally, Labour received most of their money from a mixture of small left-wing types and trade unions. Blair, with his anti-nationalisation agenda, had far less support from within the unions. He went to Levy, who was kind of like a Jewish Godfather. Levy gave him as much money as he ever needed for electoral campaigns, plus a huge amount of media support, thanks to the Jewish domination of the media. Blair’s government was basically a front for Jewish control. Hence the obsession with anti-racism; the pro-rich tax policies and the soft ride he received in the media.

    Corbyn is traditional Labour and has strong support from both the unions and the grassroots. He doesn’t need Jewish money and has made no attempt to patronize them. There is bad blood between them because for some reason, the hard left in the UK don’t like the way the Palestinians have been treated by Jewish people. Hence the Jews can no longer ride the victim gravy train.

    Unhappy with the way things are going, Jewish interests have launched an abortive attempt to oust Corbyn and replace him with a more Jew friendly alternative. So far, they have failed. But Corbyn is an old man. If they keep him out of power for one more election, the likelihood is that he will be too old to remain leader at the next one. By that time, he will probably be replaced with a ZOG alternative, who can be trusted to remember where his bread is buttered. Suddenly at that point, Labour will become ‘electable’ again.

  46. Cloggie on Fri, 26th Oct 2018 2:02 am 

    For Antius and his blogging aspirations:

    My WordPress stats since 2012:

    2012 – 35,627
    2013 – 56,182
    2014 – 139,713
    2015 – 371,932
    2016 – 32,433
    2017 – 29,599
    2018 – 42,866

    In 2014 and 2015 I began to write about geopolitics, history, and migration-crisis. That gets more attention that fading interest in energy and peak-oil. I have since 2016 “sanitized” by energy blog and move non-energy-related content to other blogs. In 2017 my blog was dormant, it is slowly picking up again.

  47. Davy on Fri, 26th Oct 2018 4:10 am 

    You obviously you don’t belong here nedernazi. You are a duch nazi racist so the whole charade does not add up. This is a non moderated obscure energy blog but you are here constantly so where do you find time to do all these other things? The hits here likely are not that great but you chose to make this your primary place to preach your disgusting message of hate and resentment. Is this because it gives you an opportunity to attack Americans? Maybe you don’t get any opportunity on that tightly moderated blog of yours. I bet you don’t allow bad press on that blog. With that many hits you should be plenty busy fighting digital monsters.

  48. Antius on Fri, 26th Oct 2018 4:26 am 

    Many thanks Cloggie. I will take your recommendations regarding content under advisement. I had intended it to be a purely energy and economics related blog. In the UK, any discussion of politics is a little bit risky. The state has eyes and ears just about everywhere and they have what is for all intents and purposes, a secret police force in the form of ‘terror police’. Hence my enthusiasm for underground movements as opposed to open political movement. In a saner world this would not be necessary. I am able to post here because it is not well known and within limits, it is anonymous.

    It will probably be New Year before I start. I have a lot going on between now and then, both personal and political.

  49. Davy on Fri, 26th Oct 2018 4:35 am 

    Antius, are you going to moderate your discussion forum or even have a discussion board? I will miss your on-topic energy support to this discussion board. You are at the top in my opinion of energy understanding here. neder does not really understand energy fully. For neder it is about a message energy fits into. Anyone who lives in a fantasy world of a future of his own making does not have a deeper understanding.

  50. Davy on Fri, 26th Oct 2018 4:50 am 

    Climate change: Five cheap ways to remove CO2 from the atmosphere
    https://tinyurl.com/ybz9n3ed

    Coastal blue carbon This report says that there is a lot of potential for increasing the amount of carbon that is stored in living plants and sediments found in the marshy lands near the sea shore and on the edges of river estuaries. They include mangroves, tidal areas and seagrass beds. Together, these wetlands contain the highest carbon stocks per unit area of any ecosystem.

    Planting trees Global deforestation has been a significant factor in driving up emissions of carbon, so researchers feel that planting new trees or restoring lost areas is a simple and cheap technology that could be expanding right now. One of the problems, though, is that while researchers understand a good deal about which trees are best to grow for timber harvesting, they are less knowledgeable about breeding trees whose major focus is to remove carbon from the atmosphere.

    Forest management How forests are managed can have a big impact on how much carbon they store as well as planting more trees, the report says that we need to manage our existing forests in a better way to remove more carbon. This can also be done for less than $20 per tonne of CO2. Techniques can include the speedy re-stocking of forests after disturbances like fires. They can also involve extending the age of the forest when you harvest it. A critical step would be to extend the amount of timber that goes into long-lived wooden products and limiting the amount that gets burned as biomass in power stations.

    Agricultural practices The report says that some simple changes in the way farmers manage their land can be a cheap and effective way of removing carbon from the air. These include planting cover crops when fields aren’t being used to grow commercial crops. It means growing crops with reduced tillage and it will involve adding a material called biochar, a type of charcoal made from plant matter, to the land.

    Biomass energy with carbon capture and storage (BECCS) The idea of BECCS is to grow energy crops that soak up carbon, which are then burned to create electricity while the emitted CO2 gas is captured and buried permanently underground. BECCS has been dismissed by many because of the massive amounts of land that would be needed, up to 40% of global cropland according to some studies.

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