• July 1, 2020

Renewable Energies Well Below 2 Cents Per kWh Worldwide, Before the End of the Decade - Odessa American: News

e-Edition Subscribe

Renewable Energies Well Below 2 Cents Per kWh Worldwide, Before the End of the Decade

Print
Font Size:
Default font size
Larger font size

Posted: Wednesday, June 24, 2020 5:21 am

PARIS--(BUSINESS WIRE)--Jun 24, 2020--

To achieve a successful energy transition, Terrawatt Initiative , chaired by Isabelle Kocher, launches in its new report and on its new website (in English), the challenge of a solar kWh ‘well below’ 2 cents everywhere in the world before the end of the decade.

‘Well below 2 cents’. This simple but strong message resonating with the Paris agreement is the one the Terrawatt community is sending today to policy makers and citizens around the world.

Behind this message is a conviction: the energy transition is within reach. Bringing renewable electricity, particularly solar electricity, well below 2 cents per kWh means enabling an entire society and its economy to transform itself: the electrification of end uses, light, heat, mobility; storage; new energy carriers; green hydrogen; and many other socially indispensable innovations are becoming economically viable.

Only five years ago, well below 2 cents per kWh was considered unrealistic. Today it is a reality for major projects when public, industrial and financial authorities work together.

The challenge for the decade ahead is to generalise this price level everywhere and at all levels, especially for the most vulnerable. This is the ‘green deal’: to build together a new energy regime that allows everyone to have access to affordable, reliable, sustainable and modern energy.

Since COP 21 in Paris, Terrawatt Initiative has explored all the sticking points on the road to well below 2 cents per kWh. Bringing together a large number of partners, both public and private, Terrawatt Initiative has proposed concrete solutions for each category of stakeholder and has supported their implementation as far as possible.

Today, Terrawatt is very proud to share online with the general public the story of this formidable collective adventure, as well as all of its output, on its new website www.terrawatt.org.

Download the full press release: https://terrawatt.org/wp-content/uploads/2020/06/CP-TERRAWATT-Final-EN-24-06-2020.docx

View source version on businesswire.com:https://www.businesswire.com/news/home/20200624005369/en/

CONTACT: Terrawatt Initiative

Jean-Pascal Pham-Ba

jppb@twi.team

+336 7272 4756

www.terrawatt.org

KEYWORD: FRANCE EUROPE

INDUSTRY KEYWORD: ENVIRONMENT TECHNOLOGY FINANCE OTHER ENERGY UTILITIES OTHER TECHNOLOGY PROFESSIONAL SERVICES ALTERNATIVE ENERGY ENERGY

SOURCE: Terrawatt Initiative

Copyright Business Wire 2020.

PUB: 06/24/2020 06:21 AM/DISC: 06/24/2020 06:21 AM

http://www.businesswire.com/news/home/20200624005369/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Sunny
102°
Humidity: 15%
Winds: SSE at 7mph
Feels Like: 102°

Your Extended Forecast

Tomorrow

weather
High 103°/Low 74°
Partly cloudy. Lows overnight in the mid 70s.

thursday

weather
High 95°/Low 71°
Times of sun and clouds. Highs in the mid 90s and lows in the low 70s.

friday

weather
High 98°/Low 72°
More sun than clouds. Highs in the upper 90s and lows in the low 70s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.