Renewable energy costs will continue to fallSolar prices have dropped by around 62% since 2009, while offshore wind costs have also halved in recent years, reaching £57 per megawatt hour in 2017. In total China plans to invest £292bn in renewable power by 2020. Apple’s new campus in California runs on 100% green energy, and Goldman Sachs is one of several banks that have joined RE100 – a group of powerful companies committed to being powered by 100% renewable energy. The renewables industry will generate more jobsAccording to a report by the International Renewable Energy Agency, around 9.8 million people now work in the renewables sector worldwide. However, it’s important to note that lithium-ion batteries are not the only form of energy storage that could see growth in 2018.

Source: The Guardian January 08, 2018 11:26 UTC