Here is the graph of exponential installed solar capacity [1]. Like Moore’s law, continuous technological innovation and investment will be required to keep the pace. We just hit 1 terawatt— and doubling time seems to be about every 3 years. So… 1,2,4,8,16,32,64,128,512,1028, 2056 terawatts in 30 years? With 20% capacity, that’s equivalent to >300,000 Million Tons of Oil (MToE) per year. Current global energy consump…
Ahh, the classic case of seeing the bottom half of an S curve and projecting it out to infinite exponential growth. The number of times things have experienced infinite exponential growth in all of history starting from the Big Bang: 0.
Those different options make a big difference on how much PV is part of the long term global energy picture.