The Green Revolution

The Tipping Point for Clean Energy

2020 was a tipping point for clean energy globally. Amid the chaotic news cycle of the pandemic, this fact was mostly lost. Decades of research, investment and advancement culminated in 2020 to decisively change the economics of clean energy and start what will be a decades-long effort to redesign and rebuild our energy infrastructure globally.

Every aspect of the energy industry — from energy generation, energy storage, regulation and economic incentives — have all reached the point where clean energy is now a feasible alternative to traditional carbon-intensive energy generation (coal, oil and gas).

Energy Generation

For decades now several options have existed to generate clean energy — solar, wind, geothermal and others. However, these technologies have all been handicapped by being far more expensive than traditional approaches. Despite decades of investment and research, costs per kilowatt hour (KWH) have remained stubbornly high. Despite generous global subsidies, the high unit cost of generating electricity through these technologies has constrained their deployment — particularly globally, where emerging markets governments cannot afford the generous subsidy programs of the Western World.