Market Data Shows New Energy Coming On
Wind power costs could drop 50%. Solar PV could provide up to 50% of global power. Damn; New reports suggest a renewables revolution is imminent.
David Roberts, August 31, 2017 (VOX)
“Solar and wind energy have been underestimated by analysts and politicians again and again…They have gotten cheaper and scaled up faster than even the most optimistic forecasts… And there’s good evidence we’re still underestimating them…[Two new reports show] the radical trends of the last decade are going to continue, which is all that needs to happen for the energy system to tip over from disruption into revolution…[Research on wind technology advances shows that after dropping 65 percent between 2009 and today, wind-power costs could drop another 50 percent by 2030 and solar] is going to play a much bigger role than most models predict…” click here for more
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