Fossil fuels outbid by renewable revolution
https://climatenewsnetwork.net/fossil-fuels-outbid-by-renewable-revolution/
Fossil fuels outbid by renewable revolution
April 30th, 2019, by Paul Brown
Rapid progress in the solar and wind industries mean they are outcompeting fossil fuels in key markets ? a renewable revolution.
LONDON, 30 April, 2019 ? Theres a renewable revolution under way: the cost of wind and solar power is now undercutting fossil fuels across the world.
One recent week brought news of the worlds longest turbine blade, a monster capable of producing enough electricity on its own to power a small town. The fact that solar power in combination with batteries is now a cheaper way than gas to produce electricity in the United States is cheering news for those battling against climate change.
The single blade, 107 metres long, was produced at a factory in Cherbourg in France, the country most reliant on nuclear power. After tests the blade will power a 12-megawatt turbine, the largest in the world, situated off the French coast, and capable on its own of powering thousands of homes throughout its 20-year design life.
In the US the states of California and Arizona, where sunshine is plentiful, have solar plants incorporating battery storage that are now a better investment than gas over a 30-year period even though the US has some of the cheapest gas in the world, because of fracking.