A think tank RethinkX is predicting that we are at an inflexion point where we are going to experience the fastest, deepest, most profound disruption of the energy sector in over a century. This one is being driven by the convergence of several key technologies whose costs and capabilities have been improving on consistent and predictable trajectories – namely, solar photovoltaic power, wind power, and lithium-ion battery energy storage.
RethinkX in a recent report propose from analysis that 100% clean electricity from the combination of solar, wind, and batteries (SWB) is both physically possible and economically affordable across the entire continental United States as well as the overwhelming majority of other populated regions of the world by 2030.
The new system that emerges has the potential to produce a much larger amount of energy overall, and that this superabundance of clean energy output will be available at near-zero marginal cost throughout much of the year in nearly all populated locations. The SWB disruption of energy will closely parallel the digital disruption of information technology.
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