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Author Topic: The Big Picture of Renewable Energy Growth  (Read 7985 times)

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AGelbert

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    • Agelbert Truth AND Consequences


Top Five Reasons Fossil Fuel Companies Should Diversify into Renewables Now
 
And why one expert believes they need to step up the pace. 

May 8, 2017

By Jennifer Runyon 
Chief Editor

SNIPPET:

2. The transition to renewables is happening faster than expected.

Lovins pointed out the dramatic fall in renewable energy prices for electricity. Dong energy’s recent bid for offshore wind at the market price for electricity is just one of many examples he gave.

“The EU wind power price in 8-9 months last year fell by 43 percent,” he said.

Just as the transition from horse and buggies to automobiles took just over a decade (In only 13 years, the Easter Day parade in New York City went from one dominated by horses and buggies to one in which there we no horses of any kind to be seen), the transition to renewable energy could be much swifter than companies realize.  Lovins predicted that there will be more EVs on the road than internal combustion engines in 10 years.
 



http://www.renewableenergyworld.com/articles/2017/05/top-five-reasons-fossil-fuel-companies-should-diversify-into-renewables-now.html
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

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