- Solar photovoltaics are now cheaper than plants fired by coal and natural gas in most countries.
- Green generator company Portable Electric partners with California’s PG&E to help with wildfire outages.
- China’s net zero by 2060 plan covers all greenhouse gases, says one of its most senior researchers.
- Arcadia Power is committed to making clean energy work for the planet and your bank account — all without changing your utility company. Sign up to receive your $20 Amazon Gift Card.
Long live king solar
The International Energy Agency (IEA) has released its World Energy Outlook 2020 (WEO), its flagship publication, and the Paris-based agency says solar has a very bright future indeed.
The WEO examines the following decade and explores different scenarios that show how the energy sector could develop. In all four scenarios, which can be read in the report linked above, solar takes center stage and green energy plays a prominent role. In fact, the IEA says renewables will make up 80% of the market for new power generation by 2030.
Hydropower is currently the most widely used green energy source in the world, but solar will surpass it because the cost of PV panels and installation is rapidly dropping.
Solar PV is also now consistently cheaper than new coal- or gas-fired power plants in most countries, and solar projects now offer some of the lowest-cost electricity ever seen. The IEA rightly points out that there needs to be serious investment in electricity grids in order to support green energy as it grows.
Dr. Fatih Birol, IEA executive director, says:
I see solar becoming the new king of the world’s electricity markets. Based on today’s policy settings, it is on track to set new records for deployment every year after 2022.
If governments and investors step up their clean energy efforts in line with our Sustainable Development Scenario, the growth of both solar and wind would be even more spectacular — and hugely encouraging for overcoming the world’s climate challenge.
Governments have the capacity and the responsibility to take decisive actions to accelerate clean energy transitions and put the world on a path to reaching our climate goals, including net-zero emissions.
Vancouver, BC-based Portable Electric, which manufactures emissions-free mobile power stations — green generators — that run on solar and li-ion batteries, has partnered with the Pacific Gas and Electric Company (PG&E) to help local communities affected by the devastating 2020 wildfire season in California. PG&E is the energy provider for nearly 16 million people in Northern and Central California.
Several units of Portable Electric’s VOLTstack e-Generators will be delivered to food banks, school cafeterias, and customers with more urgent energy needs by the end of 2020.
Portable Electric originally worked closely with the film production industry, but it’s shifted its focus to medical facilities and other sectors…
Go to the news source: EGEB: Solar, now cheaper than coal, will be ‘king’ of electricity