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(credit: Chauncey Davis) Bloomberg New Energy Finance released a new report this week that estimates how electricity generation will change out to 2050. The clean energy analysis firm estimates that in a mere 33 years, the world will generate almost 50 percent of its electricity from renewable energy, and coal will make up just 11 […]
AP Photo/ Donna McWilliam Renewable energy sources, like solar and wind, are quickly becoming as cheap—even cheaper—than their carbon-intensive counterparts like coal. New research from Morgan Stanley estimates that renewables will be the cheapest source of power in the world in less than three years. “Numerous key markets recently reached an inflection point where renewables […]
Enlarge (credit: Thomas Bleckmann / EyeEm) Renewable energy has achieved a major milestone: in many cases, it’s the cheapest source of electrons you can put on the grid. But the intermittency that comes with renewable energy also poses challenges for the grid, as it has to be able to respond to sudden changes in supply. That […]
