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Have renewables come a long way in a short time? Or, has our political climate been successful at low-balling our expectations? Renewabes are already much further along than most people realize.
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"Longstanding obstacles to greater deployment of renewables have lifted, thanks to the three enablers: rapidly approaching grid parity, cost-effective and reliable grid integration, and technological innovation. Once dismissed as too expensive to expand beyond niche markets, solar and wind can now beat conventional sources on price while increasingly matching their performance. The idea that renewables present many integration problems in need of solutions has reversed: The integration of solar and wind is beginning to help solve grid problems. Finally, renewables are no longer waiting for supporting technologies to mature, but instead seizing cutting-edge technologies to pull ahead of conventional sources." https://www2.deloitte.com/insights/us/en/industry/power-and-utilities/global-renewable-energy-trends.html?

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5 years ago