13613Solar's growth: why renewables are taking over (Video) | Cleantechnica
- Aug 12, 2014In a video released just last month, Amory Lovins of the Rocky Mountain Institute points out that the lower cost, lower risk, and scalable mass-production of modular renewable technologies (like wind turbines and solar panels) means they are now outcompeting central power stations in the world market. (See above graph.)
He also explains how half the world’s new electric-generating capacity over the past five years has been renewable, incorporating perspectives on subsidies, nuclear power, and China’s evolving energy profile. It may surprise you that modular, mass-produced renewables compare favorably in terms of implementation speed and economics, even to efficient new gas-fired power plants, but they do.
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