We are a long way from the demise of fossil fuel-powered electricity, but the writing is on the wall and the direction of travel is clear. As a widely-quoted report from Bernstein Research says: “ Renewable energy is a technology. In the technology sector, costs always go down. Fossil fuels are extracted. In extractive industries, costs (almost) always go up. Renewable and fossil fuel cost per unit of energy are now roughly comparable in many places… but heading in opposite directions.”

—- Forbes, Wind And Solar Energy Technologies Eat Into Fossil Fuel Power’s Business Plan