U.S. and Canada to spend $12 trillion on renewables and grid by 2050
The intrinsic efficiency of renewables will lower the overall cost of energy from 4% of GDP today to about 2.5% by 2050, said a report from DNV. September 25, 2023 The global energy paradigm shift is underway, and by mid-century, renewable energy is expected to be the dominant source of electricity in many major developed …
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