Solar & Wind Energy Powered Electricity

Now is perhaps the most exciting time to be alive ever!!!  

I am confident that most types of cancer will be eradicated during the lifetimes of my children, communicable diseases (such as COVID-19) will be a thing of the past, and renewable energy will become the norm (thereby reducing the cost of energy and solving the climate crisis).    

My confidence in renewable energy isn’t based upon anything other than free-market economics.  I am sure that the day renewable energy becomes the least expensive energy alternative, renewable energy production will explode and take over the market.    

Well, that day has come!!

The International Energy Agency and OECD Nuclear Energy Agency published a joint report in December 2020 that stated 

…the levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generationRenewable energy costs have continued to decrease in recent years and their costs are now competitive…with dispatchable fossil fuel-based electricity generation in many countries. (bold added for emphasis)

According to the December 2020 report, the lowest-cost source of electrical energy in the United States is onshore wind followed by solar production.  Natural gas-fired power plants are close in cost, but wind and solar are still the cheapest sources of electrical energy.

Existing traditional energy production companies will not give up without a fight, and the latest argument being leveled against renewable energy sources is that they take up too much land. 

According to the December 2020 report, the lowest-cost source of electrical energy in the United States is onshore wind followed by solar production.  Natural gas-fired power plants are close in cost, but wind and solar are still the cheapest sources of electrical energy.    

Existing traditional energy production companies will not give up without a fight, and the latest argument being leveled against renewable energy sources is that they take up too much land. 

This argument is false.    

The below graph illustrates the relative amounts of land needed to produce wind and solar energy.  As it turns out, oil, gas, and coal require much more land than solar and wind.      

Another argument of conventional energy production companies is that we cannot produce enough energy using only wind and solar to power the United States.    

Again, this argument is false.    According to the solar energy consulting firm Solargis, using current technology, we can generate many times the annual energy consumption of the world using only solar power generation techniques.    

The below infographic provides additional helpful information regarding the energy revolution that we are about to experience.    

Questions? Please don’t hesitate to call us at 561-717-2876 or visit our website www.sunshinecremation.com.

Mark Sunshine

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