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Wind and Solar Power Facts, page-4

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stevo

12,800 Posts.

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16/11/16

14:06

Post #: 20660462
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Originally posted by tristanc ↑

View attachment 336644

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.

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What a lot of rot. Growth coming off an almost negligible base.
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