By 2050, wind and solar power will provide half the world's electricity1

Recently, bloomberg new energy finance, points out that the latest report predicts 2050, wind, solar and battery technology costs have fallen sharply, will lead to the power grid by the rapid growth of the two kinds of nearly half of the power supply for the renewable energy.

in the world about two-thirds of the region, wind or solar energy is the cheapest choice of new generation capacity. Power demand is forecast to rise 62%, this will lead to the global power generation capacity in growth between 2018 and 2050, nearly twice as much. It will appeal to 13. 3 trillion dollars of new investment, including five wind power investment. $3 trillion solar investment. 4. 2 trillion dollars. In addition to the new plant investment, $840 billion will be used in batteries, 11. $4 trillion will be used for grid expansion.

predicts 2050, the proportion of coal in the global power structure will be from the current 37% to 12%, while oil as a resource to generate electricity in fact has been eliminated. By 2050, the wind and solar power will increase from the current 7% to 48%. Roughly equal proportion of water and electricity, natural gas and nuclear energy.