New Energy To Be Most Of World’s Power in 2050
Renewable Energy On Track To Power Half Of The World's Electricity By 2050
Madison Dapcevich, June 21, 2018 (IFLScience)
“Almost half of the world’s electricity will [come from] wind and solar energies by 2050…[Factoring in other alternative energies like hydro and nuclear power, over two-thirds] of the market could be dominated by renewable energies…[The new BNEF Outlook expects $11.5 trillion will be invested in new power generation between now and 2050, with $8.4 trillion going to wind and solar and $1.5 trillion allocated to other zero-carbon technologies like hydro and nuclear…Technological innovation has dropped the cost of solar materials from $79 per watt in 1975 to $0.37 per watt in 2017, while turbine prices have decreased 32 percent since 2010…[and their] average capacities rose from 16 percent in 2000 to around 31 percent in 2016…[Natural gas] is expected to grow modestly before flatlining in 2050, but it is expected to remain in the marketplace as long as renewable energy sources turn to it as a backup…[Coal is expected to drop] from 38 percent of global electricity generation to just 11 percent…” click here for more
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