Current:Home > MarketsElectrical grids aren’t keeping up with the green energy push. That could risk climate goals -FundSphere
Electrical grids aren’t keeping up with the green energy push. That could risk climate goals
Poinbank View
Date:2025-04-11 08:09:52
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! (68389)
Related
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- 'Grieving-type screaming': 4 dead in Birmingham, Alabama; FBI investigating
- Mega Millions winning numbers for September 20; Jackpot now worth $62 million
- Mama June Shannon Is Granted Custody of Anna “Chickadee” Cardwell’s Daughter Kaitlyn
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- JetBlue flight makes emergency landing in Kansas after false alarm about smoke in cargo area
- Sister Wives' Janelle Brown Says Kody Brown and Robyn Brown Owe Her Money, Threatens Legal Action
- Justin Herbert injury update: Chargers QB reinjures ankle in Week 3
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- You'll Flip Over Learning What Shawn Johnson's Kids Want to Be When They Grow Up
Ranking
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Spoilers! 'Mama bear' Halle Berry unpacks that 'Never Let Go' ending
- JetBlue flight makes emergency landing in Kansas after false alarm about smoke in cargo area
- Review: It's way too much fun to watch Kathy Bates in CBS' 'Matlock' reboot
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- College football Week 4 grades: Missouri avoids upset, no thanks to coach Eli Drinkwitz
- Travis Kelce to star in 'Grotesquerie.' It's not his first time onscreen
- Travis Kelce's Mom Donna Kelce Has a Hat Bearing Tributes to Taylor Swift and Her Son
Recommendation
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
Why an Alaska island is using peanut butter and black lights to find a rat that might not exist
Climate change leaves some migrating birds 'out of sync' and hungry
WNBA playoff picks: Will the Indiana Fever advance and will the Aces repeat?
Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
Olivia Munn, John Mulaney reveal surprise birth of second child: 'Love my little girl'
JetBlue flight makes emergency landing in Kansas after false alarm about smoke in cargo area
For Christopher Reeve's son Will, grief never dies, but 'healing is possible'