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Is this the most important chart in global energy? | World Economic Forum

If there is one graphic that neatly sums up the long-term sustainability of renewable energy, then this could be it, according to a new Bloomberg Report.

It shows the maths of the rapidly declining costs of solar energy. Falling costs are driving increases in global production of solar energy, reducing our reliance on fossil fuels and are a key part of the battle against climate change. This chart is a powerful reminder of the progress we are making.

“It describes a pattern so consistent, and so powerful, that industries set their clocks by it,” explains Bloomberg in a news article accompanying the report.

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About SMIPP Ltd.

SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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