Sentences with phrase «quickly renewable energy prices»

As a refresher, allow me to give an example of how quickly renewable energy prices have dropped.

Not exact matches

Solar power recently crossed the threshold to become the cheapest energy source, and other renewable sources are quickly dropping in price, putting them close to par or better compared to conventional fossil - fuels.

Clearly, the EU and China are doing far better than the U.S. Note that I am not a big believer in the likelihood of carbon taxes or a cap and trade system bringing enough renewables online quickly enough to save the climate just due to investors reactions to higher energy prices.

While the price differential of renewable energy and non-renewable energy is still there, the gap is quickly disappearing, making this a much more doable endeavor.

Traditional available power contracts tend to be short term — because power prices can quickly change — and as renewable energy subsidies disappear, wind farms will need long - terms contracts to secure financing.

The poorest people are most at risk from sharp hikes in energy prices, which we're going to see some more of, unless we respond quickly in improving energy efficiency and renewable energy.

Taken together, learning by doing and economies of scale mean that a research only approach would not drive down prices as quickly as policies that actually install more renewable energy.