Germany will miss a European Union renewable energy target by a wider margin than previously predicted, a study showed on Wednesday.
The BEE renewable energy association’s analysis found that energy from green sources would account for 16 percent of German power consumption by 2020, short of an EU target of 18 percent for Germany.
Caldeira says studies show reaching 80 percent renewable energy is well within reach. Even hitting 100 percent is technically possible. “We could do it,” he says. “It would just be very expensive.”
Expenditures for delivered energy in the United States in 2015 totaled $1.127 trillion, a 20% decrease in real terms from 2014, according to recently released data from EIA’s State Energy Data System. Adjusted for inflation, total energy expenditures in 2015 were the lowest since 2004. Total energy expenditures, expressed as a percent of the United States gross domestic product, were 6.2% in 2015, the lowest since 2002.
Nuclear plants in New York will continue to receive payments collected from all in-state load serving entities (LSE) in recognition of their clean energy contributions. Those payments, which might be as high as $8 billion over a ten year period, may also be as low as zero during years in which the average wholesale price of electricity rises to a level at which selling power becomes profitable for the qualifying plants. In a decision filed July 25, Judge Valerie Caproni dismissed the motions filed by various electrical generators and trade groups of electrical generators that challenged the constitutionality of the New York Public Service Commission’s decision to create a Zero Emission Credit program.
There’s a limit on how much renewables will be able to do, going forward. Wind and solar are intermittent by nature, and can’t be relied upon to replace more consistent energy sources like nuclear power or coal en masse. Germany’s reactors would have made a nice foundation on which to build this renewables revolution, but Merkel’s mind seems made up. But however hard she tries to position herself as the virtuous green, the fact remains that German emissions rose last year, while America’s fell three percent (thanks to cheap, abundant shale gas displacing coal). Words matter, but so do numbers, and the data tells us that lately—whatever Trump is trumpeting—the United States is doing more to combat climate change than Germany.