Here’s this weeks new edition of my “Fav 4”, the second one. My favorite and most noteworthy tech & innovation news bites of the week. 4 updates in an easy to consume video format. Enjoy!
At Obvious Ventures, we believe stored electricity, increasingly derived from renewable sources, will entirely replace fossil fuels as the preferred method to power everything in our lives. From cars to scooters to boats to locomotives to industrial equipment, we are in the midst of a transition that will electrify everything previously driven by combustion.
There are two simple reasons we’ll make this change sooner than most people think. First, electrically powered things just work better. And people want things that work better. The second reason is really just a piece of the first…
via The Coming Electrification of Everything – World Positive
Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere.
In 2016, countries from Chile to the United Arab Emirates broke records with deals to generate electricity from sunshine for less than 3 cents a kilowatt-hour, half the average global cost of coal power. Now, Saudi Arabia, Jordan and Mexico are planning auctions and tenders for this year, aiming to drop prices even further…
Source: Solar Could Beat Coal to Become the Cheapest Power on Earth – Bloomberg
I would like to share some of my thoughts on key developments that I believe will determine our lives in the upcoming two decades. Almost all of this is fueled by ever more accelerating technological progress and there are a lot of opportunities in it. As well as significant challenges.
Looking back at the perceived principle of the industrial age, where growth occurred or seemed to occur in a linear function, today we know about Moore’s Law. We have been able to observe it for the last 50 years where over time it became clearer that we have a doubling of computing power roughly every 1,5 years.
Now how does that apply in our everyday life? Where do we actually see that technologies get more and more “disruptive”? To show that this is not about buzzwords, here are a couple of examples for “wow” type of developments: Continue reading “Where accelerating technological Development will lead us in the next 15-20 years (André Cramer)”
The renewable energy future will arrive when installing new solar panels is cheaper than a comparable investment in coal, natural gas or other options. If you ask the World Economic Forum (WEF), the day has arrived.
Solar and wind is now the same price or cheaper than new fossil fuel capacity in more than 30 countries, the WEF reported in December (pdf). As prices for solar and wind power continue their precipitous fall, two-thirds of all nations will reach the point known as “grid parity” within a few years, even without subsidies…
Today, the global oil and natural gas industry is about a $4 trillion business. It’s big money, and in the US, 67% of the electricity generated in 2015 was from fossil fuels (coal, natural gas, and petroleum).
This is about to change…
Solar power is becoming the cheapest way to generate electricity, according to leading analysts.Data produced by Bloomberg New Energy Finance (BNEF) showed the cost of solar in 58 lower-income countries – including China, Brazil and India – had fallen to about a third of levels in 2010 and was now slightly cheaper than wind energy.
In August, an auction to supply electricity in Chile achieved the record low price of $29.10 (£23.30) per megawatt-hour – a record low price and about half the price of a coal competitor…
Source: Solar power becoming world’s cheapest form of electricity production, analysts say | The Independent
In the next 20 years, between 50 percent to 100 percent of the world’s energy production could come from solar.
Today, the global oil and natural gas industry is about a $4 trillion business. It’s big money, and in the US, 67 percent of the electricity generated in 2015 was from fossil fuels (coal, natural gas, and petroleum)…
Source: Solar Power Is Ready to Dominate Energy Thanks to New Tech
ANDRÉ CRAMER 