(reblog) Bill Ritter, Jr, Colorado State University: “Market forces are driving a clean energy revolution in the U.S.”

Transforming U.S. energy systems away from coal and toward clean renewable energy was once a vision touted mainly by environmentalists. Now it is shared by market purists.

Today, renewable energy resources like wind and solar power are so affordable that they’re driving coal production and coal-fired generation out of business. Lower-cost natural gas is helping, too.

I direct Colorado State University’s Center for the New Energy Economy, which works with states to facilitate the transition toward a clean energy economy. In my view, today’s energy market reflects years of federal and state support for clean energy research, development and deployment.

And, despite the Trump administration’s support of coal, a recent survey of industry leaders shows that utilities are not changing their plans significantly.

Read more at Professor Ritter’s article in The Conversation.

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This entry was posted in American Solar Energy Society, Amory Lovins, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, destructive economic development, economics, EIA, electricity, electricity markets, investment in wind and solar energy, Joseph Schumpeter, Michael Osborne, solar democracy, solar domination, solar energy, solar power, sustainability, the energy of the people, the green century, Tony Seba, wind energy, wind power, zero carbon. Bookmark the permalink.

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