By Mike Scott
As the amount of renewable energy (click here) in global electricity networks continues to surge, a new question arises – when will renewables become the dominant source of energy?
A new report, the Lloyd’s Register 2018 Technology Radar, examines this issue and also looks at which technologies are likely to have the biggest impact in different countries and what are the key drivers and barriers to success.
A survey of 800 key industry figures found that China would be the first country to achieve grid parity, in 2022, followed by Spain and the United Arab Emirates two years later in 2024. This is the same year that Germany and the UK are expected to see grid parity for wind power, followed a year later by Denmark and the USA. The International Renewable Energy Agency (IRENA) said recently that clean energy sources will be cheaper than fossil fuels by 2020....
