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Projecting is difficult, I'll give you that, but I also think the 35% number might be low. There's going to be an enormous uptick in renewables being deployed
by astrodust 10y ago
Projecting is difficult, I'll give you that, but I also think the 35% number might be low.
There's going to be an enormous uptick in renewables being deployed in new markets, Africa is absolutely huge in this regard. Many countries lack the natural resources to keep coal or oil fired power plants running, they don't have uranium not the budget to build nuclear plants, and most are without large rivers they can tap for hydroelectric power.
What you're left with is wind and solar. These can be deployed just about anywhere it's windy and/or sunny. It's also something you can deploy on a very tiny scale or a very large one, it just depends on the packaging. You can also build it up incrementally as your needs grow which makes it easy to scale.
As the price of these technologies continues to plunge you're going to see some dramatic shifts taking place.