6 Massive Shifts To Energy Markets


The renewable-energy boom is here. Trillions of dollars will be invested over the next 25 years.

  1. Solar Prices Keep Crashing: Solar power will eventually get so cheap that it will outcompete new fossil-fuel plants and even start to supplant some existing coal and gas plants, potentially stranding billions in fossil-fuel infrastructure.
  2. Solar Billions Will Become Trillions: According to BNEF, $3.7 trillion dollars will be invested in Solar making it 1/3 of new power energy source.
  3. Decentralized Revolution: The biggest revolution will be on rooftops.  High electricity prices and cheap residential battery storage will make small-scale rooftop solar ever more attractive.
  4. Global Demand Slows:  To cram huge amounts of processing power into pocket-sized gadgets, engineers have had to focus on how to keep those gadgets from overheating. That’s meant huge advances in energy efficiency.
  5. Natual Gas Burnout: Renewable energy will become cheaper than building out gas power plants. According to BNEF, fossil fuels will account to 44% of enegy down from 2/3 by 2040.
  6. Climate Change is Not Fast Enough: Despite changes mentioned above, we are not outpacing climate.

Via Bloomberg