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The Energy Transition: From Fossil Fuels to Renewables
How fast can civilisation rewire its energy system — and what stands in the way?
Solar and wind are now the cheapest forms of electricity ever produced. The question is no longer whether the energy transition will happen — but how fast, and who gets left behind.
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The cost of solar photovoltaics has fallen 90% in a decade, making it cheaper than coal in most of the world. Wind power has followed a similar trajectory. In 2023, renewable energy accounted for 90% of all new power capacity added globally. The momentum is undeniable — but full decarbonisation of the energy system faces formidable structural challenges.
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Question 1 of 1What is the 'intermittency problem' in renewable energy?