Climate, the role of fuels and renewable energy sources
DOI: 10.33917/mic-3.104.2022.28-37
In 2021, the cost of building solar panels has risen in price by 50%, and wind power plants (WPP) by 13%. Many experts write about their further significant growth. This is also noted in The Global Risks Report 2022 at the World Economic Forum (WEF) in Davos in 2022. Thus, the price of polysilicon over the past year has increased by about 3 times, the price of hot-rolled steel has doubled. Steel production is a process with a high share of CO2 emissions. The era of relatively inexpensive renewable energy is over.
In the coming years, the failure of the climate action of the «green transformation», the growth of fuel consumption, energy and economic crises are coming.
References:
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