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Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 5342 times)

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AGelbert

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Wind & Solar Are Already Cheaper Than Coal & Gas, So Let’s Get On With It   

May 28th, 2017 by Guest Contributor '

SNIPPET:

Originally published on RenewEconomy.
By Sophie Vorrath

New wind and solar energy generation is already cheaper – on average – than the cost of existing coal or gas power on Australia’s National Electricity Market.

We’ve reported it, and Bloomberg New Energy Finance foreshadowed it at the recent Australian Solar Council Solar and Energy Storage conference in Melbourne (did we mention battery storage..?).

And this week, the CEO of the Australian Renewable Energy Agency delivered the news to the federal government’s Senate Environment and Communications Legislation Committee, with the moment captured on video. 

https://cleantechnica.com/2017/05/28/wind-solar-already-cheaper-coal-gas-lets-get/
Wait on the Lord: be of good courage, and he shall strengthen thine heart:
wait, I say, on the Lord. -- Psalm 27:14

 

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