alexa Solar in the Energy Race

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Solar in the Energy Race

Meta Description: Traditional utility companies face the Death Spiral . Old business model of building large fossil plants is no longer a viable model. Secretary of Energy Stephen Chu stated, The utilities are in danger of getting ‘Fed-Exed’ just like the Post office got ‘Fed-Exed’ as roof-top solar modules drop in price.

Solar and wind become firm power and can replace all fossil power plants. This is, in part, why over 100 companies have already committed to go 100% renewably powered. Traditional utility companies face the Death Spiral . Old business model of building large fossil plants is no longer a viable model. Secretary of Energy Stephen Chu stated, The utilities are in danger of getting ‘Fed-Exed’ just like the Post office got ‘Fed-Exed’ as roof-top solar modules drop in price.

For more information:

https://www.omicsonline.org/open-access/the-triumph-of-solar-in-the-energy-race-2090-4541-1000187.php?aid=61230

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