Less than USD 25 per megawatt-hour of solar power — these kinds of prices are not uncommon any more in sunny regions. Thanks to its continuously falling costs, photovoltaics is on the right track to becoming the world’s most cost-effective source of energy. It thus totally makes environmental and financial sense to build new PV systems rather than continue to rely on conventional power plants.
The strategy consultancy Oliver Wyman states in a study that the coal phase-out could lead to an enormous increase in electricity prices and endanger the security of supply. For economic reasons, gas-fired power plants must now be increasingly used. Is it a coincidence that this so closely supports the opinion of the Federal Ministry for Economic Affairs and Energy that natural gas is vital?
Despite the valid criticism, the two important climate events that took place last week – the presentation of the German Federal Government’s climate package and the results of the UN Climate Action Summit – represent a start, at least in some areas. It is now a question of maintaining pressure to give us a chance of achieving the 1.5-degree goal.
Even though there has been a lot of negative news for the climate in the media in recent weeks, it is still worth taking to the streets for more climate protection. Tomorrow's global climate demonstrations are supposed to demonstrate: The time for talking is over, now we need decisive action.
The energy supply of the future is decentralized and digital. This is no longer a secret. Anyone who wants to benefit from the advantages and new possibilities of a more efficient energy supply long term can now take a decisive step closer with the SMA Data Manager M. Thus, commercial companies can significantly reduce their energy costs.