How Asian economies can achieve a fivefold
A new analysis by Agora Energiewende finds that South, Southeast and East Asian economies need to increase solar and wind
East Asia has abundant wind, solar, and off-river pumped hydro energy resources. The identified pumped hydro energy storage potential is 100 times more than required to support 100% renewable energy in East Asia.
The total electricity consumption in East Asia is 7,300,000 GWh/yr. Assuming an average capacity factor of 18%, solar PV systems with a rated capacity of 4,630 GW are required to meet the entire electricity demand in East Asia. This translates to a combined panel area of 23,000 km² or 14 m² per person assuming a panel efficiency of 20%.
Wind turbines and solar panels are seen at a wind and solar energy storage and transmission power station from State Grid Corporation of China, in Zhangjiakou of Hebei province, China, March 18, 2016. REUTERS/Jason Lee/Files Purchase Licensing Rights
Rapid cost reductions have led to the widespread deployment of renewable technologies such as solar photovoltaics (PV) and wind globally. Additional storage is needed when the share of solar PV and wind in electricity production rises to 50-100%.
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