Renewable Energy is Going from Strong to Stronger

Despite setbacks like the Trump administration pulling the US from the landmark Paris Agreement, renewable energy is continuing to grow and get cheaper.

We’ve known for several years now that even as fossil fuels prices have gone up, renewable energy prices have been decreasing across the globe. Wider-scale adoption is driving innovation in the market, which in turn is creating greater investment opportunities for big businesses and national economies.

Now, news comes that based on figures from the past couple of years, renewable energy prices have dropped sharply, with investment going up and capacity increasing–all this despite subsidies for green energy being, on average, far less than those for the fossil fuel industry.

 

Source : http://www.care2.com/causes/renewable-energy-is-going-from-strong-to-stronger.html

SMART GRID Bulletin June 2017


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