Renewable energy has been plagued by some persistent rumors that just aren’t true. Here, our experts respond to five of the most common.
1. Renewable energy is more expensive.
Has it been a while since you last looked at renewables? If so, you may still think they are more expensive than conventional sources of energy.
In truth, renewables are quickly becoming one of the most plentiful and cheapest sources of electricity. In 2017, 95% of new electricity capacity added to the U.S. grid was renewable and, globally, solar photovoltaic was the fastest growing electricity source of all. Solar power is already cheaper than fossil fuels in nearly 60 developing countries. Earlier this year, IRENA reported that by 2020, wind and solar generation will be the least expensive electricity sources everywhere.
The economics of renewables benefit from technology improvements, efficiencies, and increasing demand. There are also no input costs for wind or solar generation as they do not rely on fuel. By contrast, fossil fuel extraction, transportation, and combustion is expensive.
Complaints about the cost of renewable energy almost always ignore the externalities of fossil fuel generation, which leads to billions of dollars in annual expense from environmental degradation and human health impacts. Fossil fuel subsidization—which amounts to $5 trillion annually—is also generally discounted in arguments about the high price of renewables.
2. Renewable energy kills birds.
One common complaint about renewable energy is that clean generation kills birds. And while it’s true that turbines do lead to avian deaths, wind farms have one of the lowest rates of impact on birds (and other wildlife) of any form of power generation. Cats, buildings, and cars pose a higher danger.It’s also worth noting the much greater threat—to birds and all species—posed by global warming, the result of the greenhouse effect caused by excessive emissions pollution. Increasing temperatures are causing changes in bird migration and reproduction patterns, as well as impacting habitats, food and water sources, and nesting sites. In Europe, a warming climate accounts for the decline in 92 bird species, while in North America, 314 species are imperiled.
3. Renewable energy uses a lot of land.
It’s true that renewable energy does require natural resources. Metals and other minerals must be mined or reused to construct turbines, solar panels, and infrastructure. Transmission lines must be laid. And, ultimately, wind farms and solar power plants require land use. But just how much?
The answer varies.
Wind farms, for their size, are very efficient in their use of land. On average, these farms leave up to 98% of land undisturbed, making it ideal for farming or ranching. For the landowners who lease their property to energy developers, wind farming becomes a secondary source of revenue, stabilizing farms and preserving a way of life that goes back generations.
The answer isn’t as clear cut when it comes to solar. It takes about 5-10 acres per megawatt of land for utility-scale solar generation, and studies indicate that solar at scale is more cost effective and efficient. This is useful in arid regions like the American Southwest, where land is unsuitable for other uses, but ideal for solar farming.
However, the magnitude of this land use is significant: an acreage about the size of South Carolina will be required to reduce U.S. emissions by 80% by 2050 with solar alone. However, land impacts can be reduced by siting solar on land already in use—such as landfills, parking structures, and rooftops. This also puts energy closer to where it is being consumed, reducing the need for additional transmission infrastructure and the impact of grid congestion.
It’s also important to note that, in a life cycle analysis, land use for utility-scale solar is still less than the average U.S. coal-fired power plant. And renewable energy generation requires drastically less water; nearly zero, compared to coal’s average 427 gallons/1622 liters per megawatt hour.
4. Renewables can’t provide for all our electricity needs.
“What about baseload power?” is a common question when it comes to renewable generation. Many are skeptical that the intermittency of wind and solar generation can adequately and reliably meet our growing electricity needs—particularly the fluctuations in peak demand that occur during specific seasons and times of day (a supply-and-demand volatility that has given rise to California’s now infamous “duck” curve).
A 2018 research paper published in the journal Energy and Environmental Science indicates that the U.S. could reach up to 80% penetration of overlapping wind and solar resources, and even as high as 90%. When complemented with other forms of new energy, such as hydropower, biofuels, storage, and demand-response the number achievable is 100% or more. Research from NREL finds that the U.S. could achieve 80% renewable energy penetration by 2050, and that this high renewables scenario will meet electricity demand 24/7.
Many countries are already leading the way. Sweden has set a 100% renewable energy target. Costa Rica regularly achieves 90% of its electricity production from renewable sources. Germany has long been noted for its high percentage of renewables penetration, reaching as much as 78% demand with wind and solar.
It’s increasingly apparent that a renewable future is feasible. Renewables are challenging traditional sources of baseload power, including natural gas, and recent research by the North American Electric Reliability Corporation (NERC) show that they are making the grid more reliable, too.
5. Renewables aren’t easy to access.
While it was once true that it was difficult for companies to access renewables, times have changed. Nearly all companies can choose Energy Attribute Certificates (EACs) to address their carbon goals, and companies from every industry vertical are turning to a combination of onsite and offsite renewables generation to achieve their economic goals, ranging from investment to electricity budget stabilization.
Renewables are also increasingly viable in every geographic region, reducing the barriers for companies based in those regions, or with global footprints, to adopt a 100% renewable energy goal.
To learn more, we invite you to download our white paper The Economic Case for Renewable Energy: Why Companies are Choosing Power Purchase Agreements.