How Significant Is The Global Solar Energy Boom? (Original Charts)

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How significant is the global solar energy boom? “New solarcapacity is being installed faster than anything else in history.”

by Andrew Blakers based around the claim that “New solar capacity is being installed faster than anything else in history.” this is only electricity, not total energy; andWe were directed to look at this graph from Our World in Data:

You could add more items, such as using less energy in the first place, but that wouldn’t prevent the need for and . On the surface, the claim passes easily: 360 GW of solar PV were installed in 2023 , and the fastest period of coal installation that I can find is 75 GW per year, in the mid 2000s., rather than just installed capacity. Solar has a particularly low capacity factor — it generates less when it’s cloudy, and not at all at night time. It’s also at risk of going unused when too much is generated at the same time.I downloaded data on world electricity generation from ember.org.

Coal’s rate of growth peaked at 300 TWh per year in 2005 . It then declined until 2019 before accelerating again. Some of that is offset by a slowdown in gas. But, still, the combined slowdown of coal and gas stopped in 2020, which is alarming.

 

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