1. Citigroup: Battle Between Cheap Oil & Renewables Will Define Future Of Energy

    Citigroup: Battle Between Cheap Oil & Renewables Will Define Future Of Energy

    In a major new report, global investment bank Citigroup has defined the current battle between cheap oil, and renewables like wind and solar, to be so fundamental it will define the future of energy.

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  1. Quotes

    1. Distributed generation is a major answer to the estimated 1.3 billion people in the world who still lack access to electricity.
    2. It may also represent one of solar's biggest long-term opportunities
    3. Broad climate efforts will have to focus on reducing coal use in developing countries in some manner; the cheapest way to do this in many cases will be to substitute renewable energy for coal-fired power.
  2. Topics Mentioned

  3. Authors

  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences