Batteries boom enables world to get half of electricity from wind and solar by 2050 | Bloomberg New Energy Finance

Great to see this level of analysis and foresight, we now need to find some politicians who have some vision to get on with it…..

Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as comparative costs shift heavily in favor of wind, solar and batteries

Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 – on the back of precipitous reductions in cost, and the advent of cheaper and cheaper batteries that will enable electricity to be stored and discharged to meet shifts in demand and supply.

Source: Batteries boom enables world to get half of electricity from wind and solar by 2050 | Bloomberg New Energy Finance