How the unstoppable electrification revolution has led us to a solar and wind-powered tipping point

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The electrification of our economy and society using renewable power is happening fast. Worldwide, clean electricity from solar and wind plus battery storage (“solar plus”) is becoming the dominant new energy source and is already the cheapest in most countries.

We call this a “positive tipping point.” It is “positive” because electricity from renewables reduces the need to burn greenhouse gas-emitting fossil fuels and offers benefits such as cleaner air and energy independence.

It is a “tipping point” because once they have crossed key thresholds of affordability, performance and accessibility, the adoption of these technologies can become self-propelling. The more we adopt, the cheaper and better they become due to increasing returns, such as economies of scale and learning-by-doing.

Decades of steady technological improvement and policy planning have led to this relatively abrupt and accelerating solar plus revolution.

Source: Wikipedia

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