Another rose-tinted glasses prediction from the climate alarm club. Wind and solar power are used to declining to zero output on a regular – or irregular – basis, unlike fuel sources of energy.
“Only renewables are holding up during the previously unheard-of slump in electricity use” – quotes news website Common Dreams.
A new report Thursday from the International Energy Agency projects a bleak year for fossil fuels but a banner 2020 for renewables as the coronavirus pandemic triggers “the biggest shock to the global energy system in more than seven decades.”
“This is a historic shock to the entire energy world,” Fatih Birol, the IEA’s executive director, said in a statement. “Amid today’s unparalleled health and economic crises, the plunge in demand for nearly all major fuels is staggering, especially for coal, oil, and gas. Only renewables are holding up during the previously unheard-of slump in electricity use.”
“It is still too early to determine the longer-term impacts,” he said, “but the energy industry that emerges from this crisis will be significantly different from the one that came before.”