Tag Archives: economics

Renewables are Disruptive to Fossil Fuels

A shorter version of this post first appeared at the Marginal Revolution blog. Cleantech, and specifically renewables like solar and wind (and their fellow traveler energy storage) are disruptive to fossil fuels. Over the last 5 years, the price of new … Continue reading

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How Far Can Renewables Go? Pretty Darn Far

This is part 4 of a series looking at the economic trends of new energy technologies. Part 1 looked at how cheap solar can get (very cheap indeed). Part 2 looked at the declining cost and rising reliability of wind … Continue reading

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How Cheap Can Energy Storage Get? Pretty Darn Cheap

This is part 3 of a series looking at the economic trends of new energy technologies. Part 1 looked at how cheap solar can get (very cheap indeed). Part 2 looked at the declining cost and rising reliability of wind … Continue reading

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Hunger is at an all-time low. We can drive it even lower.

A few observations on hunger, extracted from the latest FAO report on The State of Food Insecurity, 2015 1. The percent of humanity that’s hungry is at an all-time low. According to FAO, 11.3% of the world is undernourished. Most of … Continue reading

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How Steady Can Wind Power Blow?

This is part 2 of a series looking at the economic trends of new energy technologies. Part 1 looked at how cheap solar can get (very cheap indeed). Part 3 looks at how cheap energy storage can get (pretty darn … Continue reading

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How Cheap Can Solar Get? Very Cheap Indeed

This is part 1 of a series looking at the economic trends of new energy technologies. Part 2 looks at the dropping price and increasing reliability of wind power. Part 3 looks at how cheap energy storage can get (pretty … Continue reading

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New Solar Capacity Factor in the US is Now ~30%

The capacity factor of new utility scale solar deployed in the US in 2010 was 24%. By 2012 it had risen to roughly 30%. The rising capacity factor of new solar projects is part of why the cost of electricity … Continue reading

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Solar Cost Less than Half of What EIA Projected

Skeptics of renewables sometimes cite data from EIA (The US Department of Energy’s Energy Information Administration) or from the IEA (the OECD’s International Energy Agency). The IEA has a long history of underestimating solar and wind that I think is starting … Continue reading

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Solar: The First 1% Was the Hardest

Solar power now provides roughly 1% of the world’s electricity. It took 40 years to reach that milestone. But, as they say in tech, the first 1% is the hardest. You can see why in this chart below. As solar … Continue reading

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Why Energy Storage is About to Get Big – and Cheap

tl;dr: Storage of electricity in large quantities is reaching an inflection point, poised to give a big boost to renewables, to disrupt business models across the electrical industry, and to tap into a market that will eventually top many of … Continue reading

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