4 Economic Reasons Renewables Will Dominate Fossil Fuels

Renewables will beat fossil fuels even without policy help, analysts say, because of four economic

4 Economic Reasons Renewables Will Dominate Fossil Fuels

Curated via Twitter from Forbes Tech’s twitter account….

The low price of renewables has driven the news this week not only of LA’s record-breaking solar+storage deal but also Indiana’s early exit from coal. "Especially in the case of solar pv, we expect the economics to continue to improve," said Mike O’Boyle, director of electricity policy for the think tank Energy Innovation. “Solar in the range of 2 to 4 cents is basically going to be available everywhere in 2025, with some uncertainty as to how fast costs will come down.

"Especially in the case of solar pv, we expect the economics to continue to improve," said Mike O’Boyle, director of electricity policy for the think tank Energy Innovation. “Solar in the range of 2 to 4 cents is basically going to be available everywhere in 2025, with some uncertainty as to how fast costs will come down.

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