Renewable Energy: The disruptive impact of technology  

Nick Butler at the FT points to this paper from the Grantham Institute and Carbon Tracker on the disruption cheap renewable power and electric vehicles are starting to have on global energy markets, a process which is going to continue to accelerate - Expect the Unexpected: The Disruptive Power of Low-carbon Technology (pdf).

Butler notes of the report:

* Solar will take 23 per cent of the power generation market by 2040 and 29 per cent by 2050.
* Wind power could constitute another 12 per cent of the power market by 2050.
* Electric vehicles will account for around 35 per cent of the road transport market by 2035.
* Hydrocarbons will peak and the authors are bold enough to foresee peak oil and coal demand in 2020