That's a lovely exponential curve there. The thing about exponentials is that they have a way of creeping up on you. According to that report, wind grew by 16.9% last year. If that were to continue as a compound rate of growth, wind would be generating 100% of current world electricity capacity in about 22 years. Meanwhile, solar grew by a gobsmacking 33% last year. At that rate, that paltry 1.1% of world capacity becomes 100% in just 16 years.
Not saying these growth rates are going to continue compounding like this - at some rate supply constraints have to kick in - but your post is shockingly naïve for someone on a forum that's ostensibly about economics.
- Forums
- Science & Medicine
- Wind and Solar Power Facts
[ATTACH] That's a lovely exponential curve there. The thing...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)