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With the caveat that these are estimates. But I think we'll get there before 2030 and I feel it's conservative to say.
by locallost 2y ago
With the caveat that these are estimates. But I think we'll get there before 2030 and I feel it's conservative to say.
- toomuchtodo 2y agohttps://www.economist.com/leaders/2024/06/20/the-exponential-growth-of-solar-power-will-change-the-world https://www.economist.com/leaders/2024/06/20/the-exponential... | https://archive.today/JuoYa https://archive.today/JuoYa ("The Economist: The exponential growth of solar power will change the world")
- toomuchtodo 2y agoThe demand is certainly there, considering the fossil generation globally to be pushed out, but agree we must see if supply will follow. https://globalenergymonitor.org/projects/global-coal-plant-tracker/ https://globalenergymonitor.org/projects/global-coal-plant-t...
- rfoo 2y agoI thought we are having oversupply right now.
- toomuchtodo 2y agoModule prices drop, deployment demand soaks up modules, and so on as the market attempts to but doesn’t reach equilibrium. Unless I misunderstood the inquiry? If you mean grids where there is excess solar, that means they need more battery storage and transmission to continue to push fossil generation out of the mix. The sun throws off enough energy in less than an hour to power humanity for a year.
- locallost 2y agoI think it will. The estimates part I meant just this one for 2024 - the way I read it was, they are speculating that low prices will cause more to be sold. May or may not happen, but the long term trend is clear. Especially now with batteries joining the party to soak up excess electricity. The world of energy will be night and day compared to today in 2030.