The amazing thing is that this should be a slam dunk. Wind, solar and batteries are getting radically cheaper. In the first half of 2024, something like 75% of Europe's electricity was low-carbon (50% renewables, 25% nuclear.) China's at something like 44% low-carbon for the first part of 2024. The tech is getting so much cheaper and it isn't even really about "low carbon" anymore so much as it is about "cheap abundant electricity."
The nations that win this race will dominate the future. From a geopolitical perspective you either run this race to a future with abundant energy, or you become a second-tier power.
Batteries are down to $66/kWh in China, for actual costed-out BESS projects. https://www.ess-news.com/2024/12/09/powerchina-receives-bids...
The nations that win this race will dominate the future. From a geopolitical perspective you either run this race to a future with abundant energy, or you become a second-tier power.