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>Then the market should automatically have shifted to 100% solar by now. 65% of new capacity in the US last year was wind or solar.[1] The world doesn't change
by sxates 10y ago
>Then the market should automatically have shifted to 100% solar by now.
65% of new capacity in the US last year was wind or solar.[1] The world doesn't change overnight, but expect that trend to continue.
Renewable energy growth is only being slowed by lack of storage. As battery production and other storage techniques come online, it allows higher and higher % of energy to come from renewable sources.
>Don't know where that figure is from, but I guess china must be covered in solar panels by now.
Pretty good summary of the situation here: [2]
"In 2015, China installed half of the world’s wind power and a third of its solar photovoltaic capacity. Last year, solar capacity jumped 81.6 per cent and wind capacity grew 13.2 per cent. Greenpeace has said that China’s renewable energy growth rate is equivalent to installing one wind turbine and covering one soccer field with solar panels every hour. Five of the world’s top six solar manufacturing companies and five of the 10 biggest wind turbine companies are in China. By 2020, half of the country’s new electric generation will come from solar, wind, hydro and nuclear power."
[1]https://www.ferc.gov/legal/staff-reports/2016/dec-energy-infrastructure.pdf https://www.ferc.gov/legal/staff-reports/2016/dec-energy-inf...
[2]http://blogs.ei.columbia.edu/2017/03/03/will-china-take-the-green-mantle-from-the-u-s/ http://blogs.ei.columbia.edu/2017/03/03/will-china-take-the-...
- legolas2412 10y agoUSA is a saturated market, where renewables are given incentives by the government (unfortunately it won't be so any longer). Look at developing countries, only a fraction of new energy sources for India are solar, even though our coal is inferior quality. I'm pretty sure that coal is still cheaper than solar