Energy Innovation: Policy
Energy Innovation: Policy
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Plummeting Renewable Energy, Battery Prices Mean China Could Hit 62% Clean Power And Cut Costs 11% By 2030

Plummeting Renewable Energy, Battery Prices Mean China Could Hit 62% Clean Power And Cut Costs 11% By 2030

BETAThis is a BETA experience. You may opt-out by Aug 10, 2020,China is the world’s largest greenhouse gas emitter, and is building the most power plants of any country in the world, making its decarbonization paramount to preventing dangerous climate change. But the costs of wind, solar, and energy storage have fallen so fast that building clean power is now cheaper than building fossil fuels – a lot cheaper.plummeting clean energy prices mean China could reliably run its grids on at least 62% non-fossil electricity generation by 2030, while cutting costs 11% compared to a...

August 10, 2020
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forbes.com

forbes.com

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