Solar to meet half of global electricity demand growth in 2024 and 2025

2 comments

1. Another way of saying this “new solar capacity rolling out slowly, only meeting half of yoy demand growth.”

   Can’t wait for the day when the headline says “unprofitable natural gas plant shuts down due to rapid expansion of solar causing electricity prices to plummet.”

2. “As a result, CO2 emissions from the global power sector are plateauing, with a slight increase in 2024 followed by a decline in 2025.”

   It’s 2024, and (assuming demand doesn’t increase even faster in the near future) we’re just now plateauing. That’s not enough, we should have been on a downward trajectory for years by now.