| 100% Renewables Could Be Closer Than We Think |
| Here is an excellent assessment of the possible, and I consider it to be good news. The main thing that should concern those of us in the U.S. is that the stranglehold carbon energy has on our Federal government is going to seriously retard America's progress. This is the intersection to two major trends: the transition out of carbon energy, and the increasing deterioration of the United States because we are falling further and further behind as a result of that corruption. www.schwartzreport.net |
| GILES PARKINSON - Clean Technica |
| The stunning set of data, cost profiles and market analysis produced in the first few weeks of calendar 2013 have confirmed what many had long suspected – that the global energy markets are changing faster than anyone had thought possible. The implications for the incumbent energy industry – be they generators, network operators or retailers – couldn’t be more significant. The business models that supported the ageing infrastructure are broken, and if they can’t adapt to the new environment, they may soon be out of business. The idea of a rapid change to a largely renewable energy grid no longer seems aspirational, it could be inevitable. Consider what we have learned this month: - The price of wind energy (and in some isolated cases solar PV), is already cheaper than coal and gas in Australia. This gap is likely to widen considerably in the coming decade. |
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Comments: 2
The study doesn't give much specifics concerning how they cane to their conclusions but if you look at the chart it appears that they are including carbon remediation in the upper costs of fossil fuel, without those added costs to fossil fuels renewables costs far more.