Current:Home > MyElectrical grids aren’t keeping up with the green energy push. That could risk climate goals -Core Financial Strategies
Electrical grids aren’t keeping up with the green energy push. That could risk climate goals
View
Date:2025-04-18 04:04:48
FRANKFURT, Germany (AP) — Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines are not added or refurbished in the next few years, the International Energy Agency said.
The Paris-based organization said in the report Tuesday that the capacity to connect to and transmit electricity is not keeping pace with the rapid growth of clean energy technologies such as solar and wind power, electric cars and heat pumps being deployed to move away from fossil fuels.
IEA Executive Director Fatih Birol told The Associated Press in an interview that there is a long line of renewable projects waiting for the green light to connect to the grid. The stalled projects could generate 1,500 gigawatts of power, or five times the amount of solar and wind capacity that was added worldwide last year, he said.
“It’s like you are manufacturing a very efficient, very speedy, very handsome car — but you forget to build the roads for it,” Birol said.
If spending on grids stayed at current levels, the chance of holding the global increase in average temperature to 1.5 degrees Celsius above pre-industrial levels — the goal set by the 2015 Paris climate accords — “is going to be diminished substantially,” he said.
The IEA assessment of electricity grids around the globe found that achieving the climate goals set by the world’s governments would require adding or refurbishing 80 million kilometers (50 million miles) of power lines by 2040 — an amount equal to the existing global grid in less than two decades.
Annual investment has been stagnant but needs to double to more than $600 billion a year by 2030, the agency said.
It’s not uncommon for a single high-voltage overhead power line to take five to 13 years to get approved through bureaucracy in advanced economies, while lead times are significantly shorter in China and India, according to the IEA.
The report cited the South Link transmission project to carry wind power from northern to southern Germany. First planned in 2014, it was delayed after political opposition to an overhead line meant it was buried instead. Completion is expected in 2028 instead of 2022.
Other important projects that have been held up: the 400-kilometer (250-mile) Bay of Biscay connector between Spain and France, now expected for 2028 instead of 2025, and the SunZia high-voltage line to bring wind power from New Mexico to Arizona and California. Construction started only last month after years of delays.
On the East Coast, the Avangrid line to bring hydropower from Canada to New England was interrupted in 2021 following a referendum in Maine. A court overturned the statewide vote rejecting the project in April.
veryGood! (18)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- More than 100 dolphins found dead in Brazilian Amazon as water temperatures soar
- Historic landmarks eyed for demolition get boost from Hollywood A-listers
- Missing Houston woman was witness in murder case; no-contact order was issued in June, records show
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- LeBron James says son Bronny is doing 'extremely well' after cardiac arrest in July
- What is net neutrality? As FCC chair weighs return, what to know about the internet rule
- Forests Are Worth More Than Their Carbon, a New Paper Argues
- Louvre will undergo expansion and restoration project, Macron says
- WWE's Becky Lynch, Seth Rollins continue to honor legacy of the 'wonderful' Bray Wyatt
Ranking
- Nevada attorney general revives 2020 fake electors case
- Suspect in Charlotte Sena kidnapping identified through fingerprint on ransom note
- FTX founder Sam Bankman-Fried's trial is about to start. Here's what you need to know
- Missing Houston woman was witness in murder case; no-contact order was issued in June, records show
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Which students get into advanced math? Texas is using test scores to limit bias
- 11-year-old allegedly shoots 13-year-olds during dispute at football practice: Police
- If You're Not Buying Sojos Sunglasses, You're Spending Too Much
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
If You're Not Buying Sojos Sunglasses, You're Spending Too Much
Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
Slovakia’s president asks a populist ex-premier to form government after winning early election
2025 'Doomsday Clock': This is how close we are to self
Maldives president-elect says he’s committed to removing the Indian military from the archipelago
Defense Department official charged with promoting, facilitating dog fighting ring
North Carolina widower files settlement with restaurants that served drunk driver who killed his wife