Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050
Green Car Congress
JUNE 19, 2018
trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 The levelized cost of electricity (LCOE) from new PV plants is forecast to fall a further 71% by 2050, while that for onshore wind drops by a further 58%. Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004.
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