As we close out a summer marked by uncertainty in news and events, one trend for which analysts voice increasing certainty is the accelerating pace of the clean-energy transformation reshaping how the world generates electricity. With increasing speed, global energy markets are turning away from fossil fuels and towards wind and other renewable sources, not just because they’re clean but because they’re cheaper, more competitive energy choices and offer a level of long-term certainty more price-volatile fossil fuels just can’t match. In fact, by 2030 clean energy is expected to overtake fossil fuels and become the largest source in global electricity production — and wind power is forecast to lead the way to meet the surging demand for renewables. In its 2016 Outlook, Bloomberg New Energy Finance (BNEF) projects:
Guardian 5th Oct 2016 read more »