Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Renewable Energy Becoming Competitive With Fossil Fuels

Sept. 16, 2019, 10:55 AM

Just a decade ago, coal supplied nearly half of U.S. power and was growing faster than other sources of energy. Now all signs show renewable energy has come of age and can go head-to-head with fossil fuels.

  • This April, for the first time ever, renewable energy supplied more power to America’s grid than coal—the clearest sign yet that solar and wind can now go head-to-head with fossil fuels. In two-thirds of the world, they’ve become the cheapest forms of power.
  • By 2050 solar and wind will power half the globe and coal and nuclear will have all but disappeared the ...