New Reasons To Buy New Energy

What's New About Renewable Energy?

Kevin O’Marah, June 14, 2018 (Forbes)

“…Solar, wind and other renewables have been around for a long time, but only recently have they posed a real challenge to fossil fuel-based electricity generation worldwide…[The image of government-subsidized development of renewables is being replaced by the reality that for most locations wind and solar are the cheapest way to generate new electricity…[Renewables are beating traditional fuel sources in the marketplace for new generation capacity by more than two to one. The reason is simple, it is a better deal…Sustainability, once seen mainly as a social responsibility issue, or more optimistically, something customers wanted and would pay for, is earning its keep…Green skeptics might want to dismiss all this as politically correct posturing, but projected additions to power generating capacity in the critical growth economies of China and India as well as the European Union clearly favor solar and wind…Governmental support remains a reality…[but renewables] are steadily gaining in price/performance terms…” click here for more

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