With France planning to ban all petrol vehicles by 2040, the CEO of Europe's biggest solar company argues that we are just one cheap battery away from phasing out fossil fuels. Reportedly, at the speed technological improvements are taking place, solar storage is scheduled to render traditional energy obsolete on cost alone three years from now.
The study, published in February in Energy Policy, looks at how in less than a decade, 23 percent of homes in Perth have acquired rooftop solar—largely without government support. Rooftop solar, the authors observe, has become "Perth's largest power station."
The next stage in this process will come when these solar households start buying lithium-ion battery systems. The combined price of solar storage, say Green and Newman, could guide us toward grid parity—equal to or less than the price of purchasing electricity from the national grid. When this happens, solar storage "will flood the market, increasing supply and creating a lower market price for electricity," Mayor said.
|“You’ll be able to buy ice cream or shampoo in a reusable container.”|
|Keep an Eye on Irene With New York Times' Beautiful Hurricane Tracker|
|“The startling warning issued by the oil giant Shell more than a quarter of a century ago.”|
|“If you really want to save the planet, you should die.”|
|“The only thing worse than assuming that carbon removal will save the day is assuming it will save the day.”|
|“A low flyover of Jupiter's moon Europa.”|
|“A sophisticated global marketing strategy from an industry that is desperate to attract new smokers.”|
|U.S.S. Enterprise Owner's Manual|
|CaptchaTweet: Write Tweets in Captcha Form|
|“If you’re dating, you’re going to be let down. You’re not going to be everyone’s cup of tea.”|
|Recycled Vacuum Lamps|
|“The Amazon Dash button for horny men and women who don’t feel comfortable telling their partner they’d like to have sex.”|
|How to Avoid Jury Duty|
|iPhone 6, the First Smartphone to Disrupt NSA's Spying|
|The (Very Scary) People of Public Transit|
|“When Life Gives You Lemons.”|
|“How this religious holiday became the rampant, love-fuelled corp-fest.”|