Antinuclear

By 2040, the world’s power-generating capacity mix will have transformed: from today’s system composed of two-thirds fossil fuels to one with 60% from zero-emission energy sources. Renewables will command just under 60% of the 9,786GW of new generating capacity and two-thirds of the $12.2 trillion of investment.

Power Findings

The 5 shifts that will shake the global electricity system
Solar, solar everywhere. The further decline in the cost of photovoltaic technology will drive a $3.7 trillion surge in investment in solar, both large-scale and small-scale.

Power to the people. Some $2.2 trillion of this will go on rooftop and other local PV systems, handing consumers and businesses the ability to generate their own electricity, to store it using batteries and – in parts of the developing world – to access power for the first time.

Demand undershoots. The march of energy-efficient technologies in areas such as lighting and air conditioning…