24 Mar '17, 9pm

NK in news! Buildings as clean energy source

Falling renewable energy costs are now challenging fossil fuels on price, without subsidy, in more and more regions around the world. The key thing to understand about clean energy is that it is technology, not fuel. Innovation drives technology costs down. More demand for clean energy means more deployment of clean energy. This results in more experience and learning, and drives costs down further. This is fundamentally different from fossil fuels, which are extracted commodities. Each ton of coal is harder to reach than the last and drives costs up – and high demand for fossil fuels drives prices up. Extraction has a rising cost structure. Technology has a falling cost structure.

Full article: http://www.archnewsnow.com/features/Feature504.htm

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