Documentary: The Breakthrough in Renewable Energy (VPRO Backlight Video)
Date: Tuesday, July 19, 2016 @ 13:13:21 UTC Topic: Investors
Via e-catworld.com: The following documentary video from the Dutch public broadcasting
agency VPRO provides an interesting perspective about the implications
of the falling price of wind and solar energy. The thesis of the video
is that now the unsubsidized cost of solar and wind energy is cheaper
than fossil fuels, and having reached this crossover point, the
financial equation has changed with major investment now flowing into
the renewable energy sector.
The point is made that energy prices for renewables is predictable and
stable, compared to the price fluctuations in the fossil fuel markets.
Manufacturing costs are easier to predict than the ever-changing costs
of commodities...
Full article: http://www.e-catworld.com/2016/07/19/documentary-the-breakthrough-in-renewable-energy-vpro-backlight-video/
[Vlad] I fully agree with Frank Acland's conclusion: "...I think the video is well worth watching — it’s very well made and
interviews key decision maker and industry leaders from around the
world. The global energy picture is rapidly changing, even without the
potentially revolutionary introduction of LENR, and LENR companies will
need to factor in these changes in their business decisions. LENR will
need to compete not just against coal, oil, natural gas and nuclear, but
against the momentum behind wind and solar — where investments are
growing and prices are dropping."
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