Here are eight massive shifts coming to power markets near you. Electric cars rescue power marketsIn this discussion of peak fossil fuels, the focus is on electricity production, not transportation fuels. And as those costs fall, batteries can increasingly be used to store solar power. “The economics are increasingly locked in.” The peak year for coal, gas, and oil: 2025. The cost of wind and solar power are falling too quickly for gas ever to dominate on a global scale, according to BNEF.

Source: Mint June 13, 2016 08:37 UTC