2018-07-22
http://w3.windfair.net/wind-energy/news/28616-bnef-bloomberg-new-energy-finance-coal-wind-solar-energy-report-battery-storage

Coal to Become Meaningless by Mid-Century

Image: PixabayImage: Pixabay
Battery boom will enable the world to get half of their electricity from renewables by 2050
Keywords:
BNEF, Bloomberg New Energy Finance, coal, wind, solar, energy, report, battery, storage

Batteries boom enables world to get half of electricity from wind and solar by 2050

Official Press Release BNEF:

Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as comparative costs shift heavily in favor of wind, solar and batteries

Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 – on the back of precipitous reductions in cost, and the advent of cheaper and cheaper batteries that will enable electricity to be stored and discharged to meet shifts in demand and supply. Today, Bloomberg NEF (BNEF) published its annual long-term... ... More: Official Press Release BNEF







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