Today I presented to the Smart Energy Conference. The slides I used can be found here.
Some takeaways from the presentation include:
- Only 1% of power stations in operation are older than 50 years old.
- Renewables are increasingly cost-competitive with traditional ‘thermal’ sources such as coal and gas.
- In the long-term, renewable energy is likely to be complemented by pumped hydro and battery storage to allow energy to be consumed at times when it is needed.