Unsubsidized solar power, energy-smart homes and communities, greening of corporations, and zero-emission hydrogen mean Europe may re-emerge as a global leader in solar systems.
Scrapping of planned coal power and accelerated investment in wind and solar are essential, but it can be done significantly cheaper than IEA estimates.
Impressive as it is, the colossal growth in renewables projected by Bloomberg is still far from sufficient to keep global warming below 2°C.
IEA and solar PV: The powerful and agenda-setting institution has finally discovered that solar energy is a cheap and competitive technology.
A new study shows that the cost to the French consumer of a 100% renewable scenario is more or less equal to a scenario close to today’s, with only 40% renewables.
A number of African governments and utilities have done their homework, and are therefore set to make 2015 the year of solar power in Africa.
IEA estimates on costs of solar PV are getting more realistic, but they still overplay investment costs.
The IEA grossly overstates the cost of solar PV, and underestimates its deployment. And it’s having an impact on government policy making.
A push to get Norway’s $720bn sovereign wealth fund to invest in renewable energy could have far-reaching effects on the global energy market.
Norway’s enormous Sovereign Wealth Fund could play a large role in financing the transition to a low-carbon economy.