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OKIsItJustMe

(19,938 posts)
Sat Jan 14, 2017, 12:07 PM Jan 2017

790 Gigawatts of Cost-Cutting Renewable Energy Potential in South East Europe

https://cleantechnica.com/2017/01/14/790-gigawatts-cost-cutting-renewable-energy-potential-south-east-europe/
[font face=Serif][font size=5]790 Gigawatts of Cost-Cutting Renewable Energy Potential in South East Europe[/font]

January 14th, 2017 by Zachary Shahan

[font size=3]Renewable energy costs have been falling through the floor — they have fallen so fast that even cleantech enthusiasts have been shocked several times in the past year by increasingly low prices. We’ve been shocked dozens of times in the past 5 years.

I would bet that even most members of the International Renewable Energy Agency (IRENA) didn’t expect solar and wind costs to drop so much over the past 5 years.

I’m sitting in IRENA’s annual General Assembly right now, and the leaders of small island developing nations are talking about their plans to reach 60–100% renewable energy. Of course they are — fossil fuels are expensive everywhere, but especially so on islands. Renewables save money at the cash register, and then also save money spent on health crises and health care.

However, it’s no longer just islands where solar energy and wind energy can save cash — increasingly, if you drop your finger on a globe, renewable energy is the cheapest option for new electricity there.

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https://cleantechnica.com/2016/08/17/10-solar-energy-facts-charts-everyone-know/
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