Documentary: The Breakthrough in Renewable Energy (VPRO Backlight Video)
Date: Tuesday, July 19, 2016 @ 13:13:21 GMT
Topic: Investors

Via 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...

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[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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