Shell sees solar as biggest energy source by 2070
Published: February 28, 2013
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Royal Dutch Shell Plc says solar power, a business it abandoned four years ago, may expand into the world’s biggest source of energy in the next half century.
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Shell’s solar estimate, which assumes higher energy prices, follows an industry boom that saw capacity grow to about 102 gigawatts in 2012, according to data compiled by Bloomberg New Energy Finance. That compares with a figure of 1 gigawatt in 2000, based on figures from the International Energy Agency.
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