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Less renewables in US, even though they are CHEAPER now!

Less renewables in US, even though they are CHEAPER now!

- levelizing the playing field for renewables, because it is not

Bronze for China (53% CHEAP renewables, out of all NEW energy built in 2018), Silver for India (65% CHEAP renewables), Gold for Europe (88% CHEAP renewables). The US comes in only 4th (49% CHEAP renewables). Even though they are CHEAPER now, there appears to be an issue in the US.

Why?

Because playing fields are not levelized. 

Renewables are competing with natural gas for market access (50% installations in 2018 vs 49% CHEAPER renewables). And, even though renewables are CHEAPER, they are often not winning yet. There are 2 main reasons for it:

 

 

 

 

 

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