5 ms·
"Even if the solar cell market were to grow at 56 percent a year for the next 10 years ... photovoltaics would still only account for about 2.5 percent of globa
by erik 17y ago
"Even if the solar cell market were to grow at 56 percent a year for the next 10 years ... photovoltaics would still only account for about 2.5 percent of global electricity"
Ray Kurzweil claims a similar doubling time, but thinks that solar will approach 100% in ~16 years. I wonder who has better data.
http://www.ted.com/talks/ray_kurzweil_announces_singularity_university.html http://www.ted.com/talks/ray_kurzweil_announces_singularity_... (He talks about solar around 5:45)
Edit: Ah, fooled again by exponential grow. I did the math, and if 56% growth held for for an additional 6 years, 2.5% would turn into 72%. Which is surprisingly close to Kurzweil's predictions.