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Renewable energy will be cheaper than fossil fuels by 2020, according to a new report
| In the United States, solar and wind power accounted for nearly 95 percent of all new electricity capacity added last year, according to Engadget. That success can also be partially attributed to the closures of fossil fuel plants.
| Fossil fuel generation today costs between $0.05 – $0.17 per kilowatt hour in G20 countries, including the U.S., the U.K., Russia, Japan, India, and Germany. By 2020, however, renewables are expected to cost $0.03 – $0.10 per kilowatt hour, with the price of onshore wind power and solar photovoltaic (PV) projects expected to be as low as $0.03 per kilowatt hour by 2019.
| Presently, offshore wind projects and solar thermal energy can still be quite costly, but they too are expected to drop in price between 2020 and 2022 — to $0.06 – $0.10 per kilowatt hour.
| An incident in South Australia made headlines when Tesla's newly-installed megawatt battery had to quickly save the day, protecting a power grid from an impending coal plant failure. The incident showcased that renewables and the technology that enables them are capable of covering for fossil fuels when then fail.
http://archive.is/yfdoG
| saving Earth chan is my mission
| Yaaay, maybe we'll live now.
| Thanks for posting actual news! You're great!
| It's better news than other, but don't forget that also the owners of renewable energy technology will restrict it artificially to increase profits and also exploiting people to run the business.
| >118381 I hate when cynics are right
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| Renewable energy may not be completely replacing fossil fuels just yet, but it's undeniable that society is warming to the idea of using solar and wind power in place of coal. In some parts of the world we're already beginning to see the effects of such a paradigm shift: Last year, Britain began generating twice as much electricity from wind than coal, which contributed to 2017 being the greenest year ever for the United Kingdom.