Renewable energy wasted worldwide due to lack of power grids

Harpy Eagle

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Feb 22, 2017
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Although renewable energy is attracting more investment worldwide, a significant bottleneck has emerged: inadequate power grids. One estimate suggests that solar and wind facilities capable of generating electricity equivalent to 480 nuclear reactors remain unconnected to transmission networks in the U.S. and Europe.

In Asia, the South Korean government rejected U.S. asset manager BlackRock's application to build an offshore wind farm in January, citing a lack of available grid capacity, according to local media.



This is interesting. Seems there is power to spare out there but no way to get it to the people.
 

Although renewable energy is attracting more investment worldwide, a significant bottleneck has emerged: inadequate power grids. One estimate suggests that solar and wind facilities capable of generating electricity equivalent to 480 nuclear reactors remain unconnected to transmission networks in the U.S. and Europe.

In Asia, the South Korean government rejected U.S. asset manager BlackRock's application to build an offshore wind farm in January, citing a lack of available grid capacity, according to local media.



This is interesting. Seems there is power to spare out there but no way to get it to the people.
On top of that, renewable energy firms are paid money to not produce electricity when demand is not there.
 

Although renewable energy is attracting more investment worldwide, a significant bottleneck has emerged: inadequate power grids. One estimate suggests that solar and wind facilities capable of generating electricity equivalent to 480 nuclear reactors remain unconnected to transmission networks in the U.S. and Europe.

In Asia, the South Korean government rejected U.S. asset manager BlackRock's application to build an offshore wind farm in January, citing a lack of available grid capacity, according to local media.



This is interesting. Seems there is power to spare out there but no way to get it to the people.

Renewable energy is like handloading your own ammunition: You don't really save any money because you end up shooting more. Increasing the capability of the power grid to handle more capacity just means that people will consume more electricity, which in turn requires more predominantly Chinese-made solar and wind equipment to generate that electricity.

It's called the "Law of Diminishing Returns.

"A principle stating that profits or benefits gained from something will represent a proportionally smaller gain as more money or energy is invested in it."
 

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