Copenhagen, a city that was once industrial and polluted like most other urban cities of today, now aims to become net carbon neutral city by 2025. It has set an example for other modern cities, showing that even with a population of 600,,000 people, it is possible to take such initiatives. From changing how people get around in the city to how they heat their homes and what they do with their trash, the city has been planning to take several issues into consideration.
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By Isuru Seneviratne of Radiant Value Management
The full-cycle cost of generating electricity from renewable sources in India dropped dramatically and is now cheaper than the fossil-fueled competition. This is a step-change with massive implications for global energy markets and the climate outlook. When coupled with energy storage, future electric grids may be a lot greener than today.
Exhibit 1: Levelized Cost of Electricity considers full-cycle costs of electricity generation.
