What Happens to Big Energy as Whole Countries Say Goodbye to Fossil Fuels?

As I wrote a few weeks ago, there are tiny bits of land all over the world that are swearing off fossil fuels entirely.  Who knows which country will be the first household name to do the same.  Denmark is certainly a front-runner, with its low population, its solid wind resources, and its ability to sell off-peak production to neighboring Germany.

We need to keep in mind, however, that the conditions by which whole nations like Denmark are going to 100% renewables are becoming increasingly commonplace.  No, the wind around the world isn’t picking up, but:

• The costs of renewables continue to fall precipitously, at the same time as their efficiencies are rising.

• The ability to move variable power sources around to areas of load—or to store that power and put it on the grid as needed—are steadily improving.

• The human population is rapidly catching onto the fact that they’ve been lied to en masse by the oil companies, and that our population’s consumption of fossil fuels is rapidly destroying our planet.

Congrats to Denmark.  What will be the next nation to earn the world’s respect and gratitude?