The Intergovernmental Panel on Climate Change (IPCC) 6th Assessment Report released last week listed Superconductors as a potential technology “..that could expand the size of transmission corridors and/or improve the operational characteristics” [1]
SuperNode CEO John Fitzgerald lauded the IPCC:
“The IPCC is right in recognising Superconductors as a technology with the potential to expand transmission corridors compared to current grid technology. Superconductors can revolutionise the transmission industry by transmitting bulk power over long distances efficiently, cost effectively and in an environmentally friendly manner. Superconductors can also transmit power with zero electrical losses, using much less space, infrastructure and materials than conventional transmission technology.”
The IPCC report also outlined the progress made in renewable generation:
“From 2015 to 2020 the prices of electricity from PV (Solar) and wind dropped 56% and 45% respectively…Electricity from PV and wind is now cheaper than electricity from fossil sources in many regions.” [2]
As well as the enormous benefits that can be gained from combining those renewables with interconnection.
“Electricity interconnections between different regions can facilitate more cost effective renewable electricity deployment. Interconnections can enable large-scale sharing of energy and provide balancing services. [3]
“Electricity systems powered predominantly by renewables will be increasingly viable over the coming decades.” [4]
John Fitzgerald further commented:
“SuperNode agrees with the IPCC’s assessment of interconnection and its ability to facilitate cost effective renewable electricity deployment. SuperNode is a firm believer in increased interconnection between nations/regions around the globe so that all people can have access to secure affordable and renewable energy”
The full IPCC 6th Assessment Report can be found here: https://www.ipcc.ch/report/ar6/wg3/
[1] Page 6-63
[2] Page 6-2
[3] Page 6-50
[4] Page 6-4