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The biggest obstacle is the lack of demand for intermittent power. Most countries that take renewable energy seriously have already reached the point, where the
by jltsiren 2y ago
The biggest obstacle is the lack of demand for intermittent power. Most countries that take renewable energy seriously have already reached the point, where the construction of new solar/wind depends on investments that can take advantage of it. Exponential growth is somewhere in the past, and further growth depends on the normal pace of industrial investments.
- locallost 2y agoAnd yet those countries led the way in the record shattering 2023. Even if you look within the EU there are big differences between the countries, where some like Poland got serious about it less than 10 years ago. They will continue to grow rapidly. Take a look at outside of developed countries and you will see the rest of the world is still far behind, so there's still a huge untapped market. People follow what other people do. There are other factors too (battery prices going down, electrification etc).