Transatlantic Energy Highway: Is a Global Power Grid on the Horizon?

[searcher]

Transatlantic Energy Highway: Is a Global Power Grid on the Horizon?​

Jul 01, 2024, 2:00 PM CDT

• The variability of renewable energy sources like solar and wind poses challenges to decarbonization.
• Long-term energy storage and intercontinental subsea cables offer potential solutions to balance supply and demand.
• Subsea cables can transport renewable energy over long distances, but geopolitical tensions raise concerns about sabotage.

There are a great number of challenges standing between the current global energy landscape and decarbonization. Even though the installation of renewable energy production capacity is picking up speed, experts say that the growth rate is insufficient to achieve the goals set forth by the Paris Climate Agreement. However, in some places, the amount of renewable energy currently being produced is already too much for the grid to handle in some locations, with prices even going negative when supply and demand are severely mismatched.

More:

Transatlantic Energy Highway: Is a Global Power Grid on the Horizon? | OilPrice.com

Renewable energy variability poses challenges to decarbonization, but solutions like energy storage and intercontinental subsea cables offer potential pathways forward.

oilprice.com

 

[Casey Jones]

What for? So they can pull it down at will?

I remember a couple of major power outages in the Great Lakes area. Both times, it was the pockets NOT on the grid - notably, Painesville, Ohio, and a few rural villages - which had power all along. Painesville has long spent the money to maintain a municipal power plant - resisting the trend, to buy power from the major utility, First Energy, and simply redistribute and meter.

No, they had their own coal-fired plant, were not tied into the grid...so, particularly when the First Energy overload tripped breakers and blew transformers from the St. Lawrence River to Southern Indiana...power out four days...little ol' Painesville was lit up like Christmas.

 

[WinkWink]

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