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Showing posts with label Andrew Blakers. Show all posts
Showing posts with label Andrew Blakers. Show all posts

Sunday, May 14, 2023

Guest Post: Despairing about climate change? These 4 charts on the unstoppable growth of solar may change your mind

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Andrew Blakers, Australian National University

Last year, the world built more new solar capacity than every other power source combined.

Solar is now growing much faster than any other energy technology in history. How fast? Fast enough to completely displace fossil fuels from the entire global economy before 2050.

The rise and rise of cheap solar is our best hope for rapidly mitigating climate change.

Total solar capacity tipped over 1 terawatt (1,000 gigawatts) for the first time last year. The sector is growing at around 20% a year. If this continues, we’ll hit 6 terawatts around 2031. In capacity terms, that would be larger than the combined total of coal, gas, nuclear and hydro.