Photovoltaics Is Becoming the World’s Most Cost-Effective Energy Source

Less than USD 25 per megawatt-hour of solar power — these kinds of prices are not uncommon any more in sunny regions. Thanks to its continuously falling costs, photovoltaics is on the right track to becoming the world’s most cost-effective source of energy. It thus totally makes environmental and financial sense to build new PV systems rather than continue to rely on conventional power plants.

Five Reasons Integrated Energy Is So Important

Integrated energy is considered a key technology for the energy transition. It combines the individual electricity, heat and mobility energy sectors and thus ensures efficient use of renewable energy. This is the only way to achieve decarbonization of the global economy. With the new opportunities provided by digitalization, integrated energy is paving the way for Energy Supply 4.0.