Wednesday, April 06, 2016

Wind and Solar Are Crushing Fossil Fuels - Bloomberg

Check the full article for details on several encouraging trends

"The reason solar-power generation will increasingly dominate: It’s a technology, not a fuel. As such, efficiency increases and prices fall as time goes on. What's more, the price of batteries to store solar power when the sun isn't shining is falling in a similarly stunning arc. 
Just since 2000, the amount of global electricity produced by solar power has doubled seven times over. Even wind power, which was already established, doubled four times over the same period. For the first time, the two forms of renewable energy are beginning to compete head-to-head on price and annual investment."
Wind and Solar Are Crushing Fossil Fuels - Bloomberg
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