The Big Switch by Saul Griffith

Author:Saul Griffith
Language: eng
Format: epub
Publisher: Black Inc.

Not only that, but because of the learning curves we have just discussed, the 30 times increase in solar production will lead to cost reductions of 80%. In the future, solar will cost 20% of what it does today – and it is already cheap. For wind it will mean cost reductions of 65%. Batteries are dropping in price even more quickly. To those who tell you it can’t be done, you can respond quite simply: it is already being done, and we could make it go even faster.

Chapter 7

Electrifying our castles

•Household emissions make up the largest chunk of emissions in our domestic economy.

•Electrifying our homes will slash our emissions while saving households money on energy bills.

•Electrifying our houses now can generate over $300 billion in household savings by 2035.

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