Economics of road transport starting to favor renewable...

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Title	Economics of road transport starting to favor renewables
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Detail	According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.
Country	International
Source	PV-Magazine
Regions	Africa Asia Australia Europe North America Oceania South America
Sectors	Renewable Energy Roads and Highways-Bridge Transportation Construction Energy-Power and Electrical Sports and Leisure Computer Hardwares and Consumables
Published Date	05.08.2019
Original Url	Original Url
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Title
Economics of road transport starting to favor renewables
Detail
According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Renewable Energy Roads and Highways-Bridge Transportation Construction Energy-Power and Electrical Sports and Leisure Computer Hardwares and Consumables
Published Date
05.08.2019
Original Url
Original Url
Share