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The Economic Transition to 100% Renewable Energy in the United States

March 12, 2025Technology4636
The Economic Transition to 100% Renewable Energy in the United States

The Economic Transition to 100% Renewable Energy in the United States

The question of how much it will cost for the United States to convert totally to renewable energy is a complex one that involves numerous factors including infrastructure upgrades, policy incentives, and technological innovation. This article delves into the estimated costs, timelines, and long-term benefits of such a transition.

Economic Estimates of Transition Costs

Estimating the total cost of transitioning the United States to 100% renewable energy is not straightforward. However, various studies provide projections. For instance, generating all U.S. primary energy by 2050 with renewables would cost a bare-bones estimate of 15.2 trillion dollars. If additional pumped hydro capacity, sufficient to cover four hours of energy needs, is also required, the cost would increase to 16.5 trillion dollars.

Alternatively, transitioning to renewable energy entirely through nuclear power could total between 3 trillion to 6.7 trillion dollars, depending on the specific type of reactors used. This range reflects the varying costs associated with different nuclear technologies.

Current and Future Energy Systems

Realistic estimates for a total transition bear in mind that a significant portion of the existing infrastructure will need to be upgraded. The current capacity of the U.S. renewable energy system is 1.3 terawatts (TW) with an annual output of 4500 terawatt-hours (TWh). This would need to be upgraded to 18 TW with an annual output of 20,000 TWh to support all energy consuming sectors. This includes industrial, agricultural, transportation, commercial, and residential energy use.

In addition, a Farmland-based AgriVoltaic system could contribute significantly to the energy mix. By sharing 5 square kilometers of farmland in the 4 million square kilometers available, an 18 TW system could be partially supported. Moreover, a 12 TWh/day storage system leveraging Underwater Hydropower (UHES) could provide additional energy security through 'Sunset-to-Sunrise' storage methods.

Challenges and Long-Term Benefits

The initial investment required for such a transition is substantial. However, the long-term benefits are expected to outweigh the costs. These benefits include energy security and environmental sustainability. Energy security is achieved by reducing dependence on imported fuels, particularly in a world where global supply chains are increasingly vulnerable. Environmental sustainability is primarily gained through the reduction of greenhouse gas emissions and other pollutants from fossil fuels.

While there is no clear timeline for the complete transition to 100% renewable energy, it is fair to say that the use of fossil fuels or nuclear energy is likely to persist for centuries, even if the United States' own republic lasts another 500 years. What is crucial is that the world must reduce carbon-based fuel consumption to allow atmospheric CO2 levels to reach an equilibrium at around 350 parts per million (ppm).

Reduction in Carbon Emissions

The world must significantly cut CO2 emissions from human consumption of fossil fuels to pre-1950 levels. This would entail a reduction in per capita fossil energy use to a quarter of the amount in 1950. Given that the world population has increased from about 2 billion in 1950 to over 8 billion today, the per capita share of fossil energy is still decreasing but remains substantial.

The United States, with a historical per capita fossil energy use much higher than the poorest countries in 1950, needs to reduce its emissions even more. With a population continuing to increase, the challenge remains significant.

It is important to note that achieving these reductions does not necessitate zero emissions. Focusing on zero emissions can potentially divert attention away from more achievable milestones, leading to the failure to implement necessary changes.

Unfortunately, unless there are significant policy changes and technological advancements, the country will likely continue to rely on non-renewable sources for the foreseeable future. However, the push towards renewable energy is increasingly becoming a global imperative, driven by both environmental and economic necessities.

For in-depth analysis of the economic aspects of renewable energy transition, you can explore my Quora profile for detailed insights.

Key Takeaways:

Transition to 100% renewable energy involves substantial initial investment but long-term benefits in energy security and environmental sustainability. The estimated cost for a full transition by 2050 ranges between 15.2 to 16.5 trillion dollars, with additional costs for energy storage supporting higher reliability. The U.S. renewable energy system needs to be significantly upgraded to support all energy-consuming sectors. Per capita carbon emissions must be reduced to pre-1950 levels, challenging both developed and developing nations.

For more information on renewable energy and transition strategies, visit my Quora profile.