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Wind and solar power are disrupting electricity systems - Coggle Diagram
Wind and solar power are disrupting
electricity systems
150 years ago:
photovoltaic cells and wind turbines invented
just over a decade ago:
peripheral to the energy system
Now
over the next few decades:
requires huge amounts of investment
A carbon-free future:
an era of clean, unlimited and cheap power
$20trn hitch
Normally investors like putting their money into
electricity because it offers reliable returns
green energy
has a dirty secret
The more it is deployed,
the more it lowers the price
of power from any source
inconvenient truth:
remain profitable--
subsidies
2 more items...
to replace old
smog-belching
power plants and to
upgrade the pylons
and wires that bring
electricity to consumers
growing faster than any other
energy source and their falling costs
generate only 7% of the world's electricity