Article ID: | iaor20125094 |
Volume: | 49 |
Issue: | 21 |
Start Page Number: | 346 |
End Page Number: | 354 |
Publication Date: | Oct 2012 |
Journal: | Energy Policy |
Authors: | Pickard William F |
Keywords: | energy |
Present day electricity is a bargain. It frees mankind from a host of dirty, debilitating occupations–epitomized by the now endangered occupation of legger. Correctly applied, electricity would make a most excellent paramount energy carrier for a post‐carbon world. It is, however, only an energy carrier and not a source of energy, the preeminent source for its generation being bargain‐priced fossil carbon. But when, in less than a century, that is gone, electricity is a good bet to cost markedly more while being still a bargain. This paper once again shows that mankind's energy needs can be met by (i) renewable solar generation of electricity buffered by (ii) massive electricity storage and (iii) a robust distribution grid. The time available for making this switch from fossil carbon to solar is at best a century and possibly as little as fifty years.