1. Unsubsidised wind and solar now cheapest form of bulk energy
That is the case in all major economies except Japan, according to BNEF. From RenewEconomy:
- The latest report says the biggest news comes in the two fastest growing energy markets, China and India, where it notes that “not so long ago coal was king”. Not any more.
“In India, best-in-class solar and wind plants are now half the cost of new coal plants,” the report says, and this is despite the recent imposition of import tariffs on solar cells and modules. Continue reading Climate clippings 228