Renewable costs have fallen faster than ultra-optimists dared to think possible
They already undercut coal and gas plants on pure price and a 24/7 basis in areas holding 80pc of mankind, even in the fracking fiefdom of Texas.
“We’re seeing a stampede into solar plus batteries. Together they are the killer app of the clean energy age,” said Lord Turner, head of Energy Transitions Commission, which includes China, India and the global South, as well as the West.
The price of Chinese solar panels has dropped to nine cents a watt, which is why the ill-run electricity grid in Pakistan is now shrinking at a double-digit annual rate.
Every village and every neighbourhood in Lahore or Karachi is erecting off-grid solar panels in a dash for cheap power and energy freedom, lifting solar capacity by 22 gigawatts (GW) in a single year.
The government had nothing to do with it.
The free market speaks Urdu.
Ambrose Evans-Pritchard Telegraph 31 January 2025
https://www.telegraph.co.uk/business/2025/01/31/right-wing-wokeism-green-tech-global-energy-war/
Kommentarer