Most of us know by now that we need to decarbonise the global economy – fast – if we are to have any hope of avoiding catastrophic climate change. Fortunately, the technology to do just that is booming, charging ahead so quickly that merely keeping up with the news is difficult.
Solar and wind power are demonstrating astonishing growth rates, with or without government incentives, now that their costs have dropped below the costs of new coal and (in many cases) gas; some time last year we even began hearing of cases in which it was cheaper to build and run new wind and solar power plants than just to run old coal plants.
Last year, for most of us, was the Year of the Battery. Tesla’s big South Australian battery did something its many little Powerwalls couldn’t, i.e., make battery storage seem like a serious option for the real world rather than just a cool idea. Bloomberg’s 2018 outlook report sees this continuing and allowing electric vehicles to undercut conventional, internal combustion engine cars on both lifetime and upfront cost by the mid-to-late 2020s.
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Launched in 2012, RenewEconomy.com.au is an Australian website focusing on clean energy news Continue reading “Renewable energy – all the good news”