Russia's war in Ukraine is spurring investments in renewable energy

LTC Eugene Chu
..."A growing gap
Since 2018, far more funding has been put into clean-energy development than into fossil fuels, and the gap continues to grow. Last year saw a record $2.8 trillion invested globally into energy sector, of which more than $1.7 trillion is dedicated to clean energy.

"For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one," IEA Executive Director Fatih Birol said in a statement. "One shining example is investment in solar, which is set to overtake the amount of investment going into oil production for the first time."...

One 1,000 megawat traditional nuclear produces enough electricity to serve 1,255, 000 people. That nuclear power plant requires 50 acres. 1,000 megawatts of solar power arrays require 4,000 acres. The nuclear plant is reliable base-load electric power production. The solar arrays are not base-load capable and have questionable availability. As our nation's nuclear plants are aging out and coal plants are being shut down, we need reliable base-load replacements. Renewable energy as we know it today is not the answer...natural gas and new-age nucs are today's clean reliable electric energy.