NewEnergyNews: Why New Energy Is Beating Old Energy


Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

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  • TODAY’S STUDY: The Policy Fight Now For Transportation Electrification
  • QUICK NEWS, November 18: Every Child Will Feel It; Tinder For New Energy

  • Weekend Video: U.S. Ocean Wind Rising
  • Weekend Video: Big Storage Explained
  • Weekend Video: Climate Anxiety In Children

  • FRIDAY WORLD HEADLINE-The Killing Power Of The Climate Crisis
  • FRIDAY WORLD HEADLINE-A World Defying White House Policy
  • FRIDAY WORLD HEADLINE-The Best Places In The World For New Energy


  • TTTA Thursday-The Pioneering Artist Climate-Heroes
  • TTTA Thursday-Tennessee Utility Powerhouse Undercuts Solar
  • TTTA Thursday-New EV Charging Rates Cut System And Driver Costs

  • ORIGINAL REPORTING: Diversifying the Northeast power mix with offshore wind and storage
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    Founding Editor Herman K. Trabish



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  • TODAY AT NewEnergyNews, November 19:

  • TODAY’S STUDY: The Trends In Distributed Solar Pricing and Placement
  • QUICK NEWS, November 19: Farms Can Lead Climate Crisis Solutions; Electricity Customers Saving With New Energy

    Thursday, August 29, 2019

    Why New Energy Is Beating Old Energy

    Why are the Costs of Renewable Energy Lower than Fossil Fuels?

    Sarah Moore, August 28, 2019 (AZO CleanTech)

    “Latest statistics predict that renewable energy will be cheaper than that of non-renewables by next year…making the once futurist possibility of powering the world on renewables now a firm reality…[S]ince 2010, prices of onshore wind have reduced by roughly 23%, and solar photovoltaic (PV) electricity prices have dropped by 73%. Other renewables have followed this pattern, which is expected to continue…[Fossil fuel generation has been around for a long time…[There] is little chance of innovations…[Instead, as] the limited fossil fuel resources become depleted, their costs increase…[and] the cost of running power plants is rising…

    …[But innovations are driving down the cost of New Energy and] energy storage…Batteries have been devised with the capabilities of storing large amounts of renewable energy..[and] the price of the essential components for these batteries, such as lithium, has dropped, allowing savings to be passed onto the consumer…[Efficiencies for using New Energy to generate and store hydrogen is also] catalyzing the price drop of renewable energy is that of hydrogen power…[These price reductions can] be sustained into the future. The natural progression of more efficient and cost-efficient technologies has been the main driver…[and the] change in price points is set to support renewables’ use on large scale settings across the globe…” click here for more


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