Green Energy Won’t Replace Fossil Fuels … Unless It’s Cheaper

August 24, 2013 by  
Filed under Green Energy News

Moreover, solar and wind will still contribute very little in the coming decades. In the IEA’s optimistic scenario, which assumes that the world’s governments will fulfill all of their green promises, wind will provide 1.34 percent of global energy by 2035, while solar will provide 0.42 percent. Global renewables will most likely increase by roughly 1.5 percentage points, to 14.5 percent by 2035. Under unrealistically optimistic assumptions, the share could increase five percentage points, to 17.9 percent.

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