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
The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. 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 emerges as the biggest loser in the long run. NEO 2018 sees $11.5
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