Peter Lund
@LUND_ENERGY
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Sustainable energy, innovations, and policy; energy transition. Professor at Aalto University Finland, visiting professor in China and Germany
Helsinki, Finland
Joined July 2014
IEA reports in World Energy Employment 2024 that #energy employs 67.5M people being a key source of employment in every region. Clean energy employs now more than fossil fuels. New energy technologies and innovations will create much jobs in the future. @HSfiPolitiikka
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German #coal continues downward trend in 2024. Share of coal in power generation more than halved since 1990 to about 25% in 2023, while #Renewables now supply more than 50%. #NuclearPower was phased out 2023. @neocarbonenergy @uusiutuvat_ry
https://t.co/FNKHRNpJlp
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Chinese Jinko and SoftBank reported about ultra-lightweight #Solar PV technology which weigh less than 10% of present PV but with eff>22%. Major material savings! @aurinkoinfo @uusiutuvat_ry
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Saudi Arabia's 3.7 GW #SolarPower tender attracts lowest bid of $13/MWh. Adding daily storage to make solar base power comes to ca 40. Low power price with high capacity factor accelerates green #hydrogen & #greentransition
@uusiutuvat_ry @aurinkoinfo
https://t.co/FJxRnD0VjL
pv-magazine.com
Saudi Power Procurement Co. (SPPC) has announced the shortlisted bidders for the the fifth round of the Saudi Arabian government’s renewable energy tender program.
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Science 384(2024)6700 discusses weapons potential of high-assay low-enriched uranium. US DOD&DOE finance >10 SMR concepts with >12% U-235 suitable to make nuclear bombs. Global spread of such SMRs leaves little opportunity to prevent nuclear proliferation. @Ilmastopaneeli1 @hsfi
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#Renewable #Electricity grows fast: 2030 ca 50% of all power could be RE. Very high RE (>80%) countries include A/DK/NL/D/N/S/P. Finland in the middle (<70%), France, USA, PL in the low cat. (<40%). Interestingly DK, NL, D also strong in #hydrogen
@uusiutuvat_ry @aurinkoinfo
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Nature Communications (2023)14:6542 showed that a global solar tipping point may have passed where #Solar #energy gradually comes to dominate global power markets, without any further climate policies, though with some uncertainty. @aurinkoinfo @Lahienergia @Ilmastopaneeli1
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IEA says #RenewableEnergy is on course to meet almost half of global #electricity demand by 2030, with #SolarPower accounting for 80% of the growth in capacity. By 2050, RE could stand for most of the power needed. #ilmasto @aurinkoinfo @Lahienergia @neocarbonenergy
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IEA increased its latest #renewable forecast by 16%. From 2022 to 24, the forecast for 2027 increased by ca 75%. Especially #SolarPower has always been undermined, even today, as understanding exponential growth is difficult. @aurinkoinfo @Lahienergia @neocarbonenergy #ilmasto
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Dismantling prototype nuclear plant closed 35 years ago could cost German state €1 bln. The reactor was an experimental 300 MW high temperature reactor. Decommissioning of nuclear is costly. https://t.co/4zth01nUxR
cleanenergywire.org
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Many claimed that #Germany's #Energiewende increases coal use. Statistics shows the opposite. Share of coal in #electricity has dipped from 48% 9yrs ago to 19% in the first half of 2024. Germany's coal exit is on track! @yministerio @HSfiPolitiikka
https://t.co/AeGGfbuDVC
cleanenergywire.org
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Global PV industry is expected to install 0.6 TW of modules 2024, up 1/3 from boom year 2023. Production capacity is 1.2 TW, module prices below $100/kW. Market value ca $500B. Solar is the mainstream of the clean #EnergyTransition . @uusiutuvat_ry
https://t.co/oZp8dC7Ssm
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#CleanEnergy jobs grew at double the rate of overall US employment in 2023 :142000 new jobs! Green #energy transition not only cuts emissions but it adds to productivity growth and greening of industries. Good for all! @uusiutuvat_ry @Ilmastopaneeli1
https://t.co/WZmwfGAh3h
renewableenergyworld.com
The sectors experiencing the most growth include zero-emission vehicles, renewable energy, transmission, distribution, and storage.
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European Environmental Bureau says 2.2% of #EU total land fits all #solarenergy & wind projects needed to replace #FossilFuels & #NuclearPower , achieving #climate neutrality by 2040. 5.2% of EU's land is suitable for renewables. @STYorg @yministerio
https://t.co/a6gbWuXh44
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50% of public electricity generation in the EU came from renewables for the first time in the first half of 2024; Finland 54% Germany 58% Sweden 70%. The Green #EnergyTransition moves in the right direction. @YleUutiset_pol @MTVUutiset @HSfiPolitiikka
https://t.co/LVaNFH6N1k
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Latest US Electricity Sector cost data. Solar and wind looks very competitive in 2030. @STYorg @aurinkoinfo @Lahienergia
@Energiateol
https://t.co/kOhcn3SMve
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Lazard has released the latest cost of #electricity production. Onshore #wind and utility-scale #solar have the lowest LCOE by a large margin. [LCOE is a critical measure of cost-efficiency of generation sources]. @STYorg @aurinkoinfo @Lahienergia
https://t.co/kz8NIlfcWG
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Australia’s National Science Agency issued data on the cost of electricity technologies 2023 & 2030. LCOE range for variable renewables (solar PV & wind ) with integration costs is the lowest of all new‐build technologies. [GenCost 2023‐24: Final report, CSIRO,Australia] @STYorg
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Manufacturing with global outreach create welfare: Germany's EV exports soar 58 % to 1/4 of all cars shipped abroad. 786000 EVs with a value of 36B€. Autoindustry's total revenue was 430B€. Takeaway for Finland: More investments, R&D, education. https://t.co/KPxQCA8K9I
cleanenergywire.org
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#RenewableEnergy will supply most of the power capacity (MW) growth in the #USA in 2024 (#Solar >60% ). In 2025, solar may exceed hydropower for the first year in history. BUT, #FossilFuels still dominate all #Electricity production (almost 60%). https://t.co/H1mbLeaHC9
pv-magazine-usa.com
Despite this growth, fossil fuels dominate U.S. electricity. A 3% increase in total electricity generation across the U.S. is expected to be served primarily with solar, said a report from the Energy...
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