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[[File:Solar-panels-sunset-wind-turbines-pylon-electricity GettyImages iStockphoto.jpg|300px|thumb|left]] '''[[Renewable Energy vs. Fossil Fuels for Electricity: Facts and Forecasts]]''' <br> by Elaine Thompson <br><br> The peak demand for fossil fuels [https://businessmirror.com.ph/the-world-nears-peak-fossil-fuels-for-electricity/ is soon approaching]. Although the affordable prices for coal and gas are expected to continue for the immediate future, there is a very real shift occurring in the global energy market. Fossil fuels currently power nearly [https://www.eia.gov/tools/faqs/faq.php?id=427&t=3 63% of electricity] in the United States, but [https://data.bloomberglp.com/bnef/sites/14/2017/06/BNEF_NEO2017_ExecutiveSummary.pdf?elqTrackId=431b316cc3734996abdb55ddbbca0249&elq=0d2acd1abbcd461fa81e24e57597ecfd&elqaid=7785&elqat=1&elqCampaignId= Bloomberg’s New Energy Outlook 2017] speculates that due to the demand for cleaner and greener energy, and the increasing affordability of renewable technologies, by 2040, 38% of electricity in the U.S. will be sourced from renewables like solar, wind, and ocean energy. Read this full article for some fast facts about the current—and future—state of fossil fuels vs. renewables in the U.S. energy sector.
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[[File:Solar-panels-sunset-wind-turbines-pylon-electricity GettyImages iStockphoto.jpg|300px|thumb|left]] '''[[Renewable Energy vs. Fossil Fuels for Electricity: Facts and Forecasts]]''' - The peak demand for fossil fuels [https://businessmirror.com.ph/the-world-nears-peak-fossil-fuels-for-electricity/ is soon approaching]. Although the affordable prices for coal and gas are expected to continue for the immediate future, there is a very real shift occurring in the global energy market. Fossil fuels currently power nearly [https://www.eia.gov/tools/faqs/faq.php?id=427&t=3 63% of electricity] in the United States, but [https://data.bloomberglp.com/bnef/sites/14/2017/06/BNEF_NEO2017_ExecutiveSummary.pdf?elqTrackId=431b316cc3734996abdb55ddbbca0249&elq=0d2acd1abbcd461fa81e24e57597ecfd&elqaid=7785&elqat=1&elqCampaignId= Bloomberg’s New Energy Outlook 2017] speculates that due to the demand for cleaner and greener energy, and the increasing affordability of renewable technologies, by 2040, 38% of electricity in the U.S. will be sourced from renewables like solar, wind, and ocean energy. Read this full article for some fast facts about the current—and future—state of fossil fuels vs. renewables in the U.S. energy sector.

Revision as of 16:57, 20 June 2018

Solar-panels-sunset-wind-turbines-pylon-electricity GettyImages iStockphoto.jpg

Renewable Energy vs. Fossil Fuels for Electricity: Facts and Forecasts - The peak demand for fossil fuels is soon approaching. Although the affordable prices for coal and gas are expected to continue for the immediate future, there is a very real shift occurring in the global energy market. Fossil fuels currently power nearly 63% of electricity in the United States, but Bloomberg’s New Energy Outlook 2017 speculates that due to the demand for cleaner and greener energy, and the increasing affordability of renewable technologies, by 2040, 38% of electricity in the U.S. will be sourced from renewables like solar, wind, and ocean energy. Read this full article for some fast facts about the current—and future—state of fossil fuels vs. renewables in the U.S. energy sector.