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Renewable energy is constantly gaining terrain compared to traditional fossil fuel and nuclear power. In a recent article from the Rocky Mountain Institute , five reasons are given to underpin why renewables already have won the energy battle.
- Follow the money: The world will invest around $10.2 trillion in new power generating technology towards 2040, of which three-quarters will be in renewables.
- Falling prices: The power prices from renewable sources are dropping and are several places far below the price for coal, and competitive when it comes to natural gas.
- Big companies commit to 100% Renewables: Large corporates, like e.g. Google, Facebook and Anheuser-Busch InBev, are committing to 100% renewable consumption, and the number of such companies is gro...
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