Switching to Renewable Energy will be profitable in coming six years

A researcher Mark Jacobson from Stanford University summarizes a new research about renewable energy future. This research shows that 145 countries can easily fulfill their energy demands from solar, wind, water, and energy storage.

Renewable Energy Provides a Big Backup and Support:

A large amount of energy comes from renewables that supports the daily life activities, and there are a lot of increases in targets. Moreover, this also includes a lot of worries regarding the price which is continuously changing our energy systems. Renewable energy is providing a great support these days in the times of blackouts and insufficient energy supply.

What does the researcher Mark Kacobson Outlines?

The research portrays energy transition to 100% wind, water, solar, and storage for 145 nations would pay for itself within six years. This will end up being less expensive than maintaining the current energy systems.

In his most recent paper, Jacobson claimed that the WWS would reduce end use energy by 56.4% globally. The private annual energy costs by 62.7%, and social (private plus health plus climate) annual energy costs by 92.0%. “Therefore, compared to business as usual, WWS uses less energy, costs less, and generates more jobs.”

Mark Jacobson’s research about Solar Energy Models:

Mark named, and described the model with a statement. This statement is “Low-cost solutions to global warming, air pollution, and energy insecurity for 145 countries”. Energy & Environmental Science publishes it also. Jacobson’s worked on it, and it is adding on the new countries to gain a batter cost for future. He also discussed about the development of latest advancements such as a shift from vehicle to grid power. Moreover, He is sure about the fact that the recent advancements isn’t any barrier for shift.

Also, he stated “(About) 95% of the technologies need to implement the plans that are already commercialized”.

According to the study, even though people will lose jobs in the mining and fossil fuels industries. Overall 28 million more jobs will generate than lost. As a result, Russia, Canada, and portions of Africa whose economies heavily rely on fossil fuels are anticipated to experience net job losses.

Jacobson cautions that there is still a lot of uncertainty. Even while the analysis clearly shows that a full transition to 100% renewable power is both technically and economically feasible.

“There are numerous other uncertainties. One of the biggest is if there is the political will to effect a transition at the necessary speed. In contrast to business as usual, switching the entire world over to clean energy should significantly reduce energy needs, expenses, air pollution mortality, global warming, and energy insecurity while also creating jobs.