Insights · October 30th, 2014

Windkrafträder und Solarmodule in einem Rapsfeld

It takes just 9 seconds of sunlight to provide the equivalent energy generated by burning all the oil, coal and gas we destroy every 24 hours. And solar is getting cheaper, so cheap it will dominate future electricity generation. A clear trajectory toward solar is emerging. A Deutsche Bank report published this week says that solar will be as cheap or cheaper than other forms of electricity generation in 47 states by 2016, in 36 states even if current tax credits were reduced. Even today solar is at grid parity in 10 states. The International Energy Agency now predicts that solar will be the world’s biggest source of electricity by 2050. This is a difficult challenge for the currently centralized model of electricity generation.

Category
Environment & Energy
NikolasBadminton_ChiefFuturist

Nikolas Badminton

Nikolas is the Chief Futurist of the Futurist Think Tank. He is world-renowned futurist speaker, a Fellow of The RSA, and has worked with over 300 of the world’s most impactful companies to establish strategic foresight capabilities, identify trends shaping our world, help anticipate unforeseen risks, and design equitable futures for all. In his new book – ‘Facing Our Futures’ – he challenges short-term thinking and provides executives and organizations with the foundations for futures design and the tools to ignite curiosity, create a framework for futures exploration, and shift their mindset from what is to WHAT IF…

Contact Nikolas