The IEA in releasing its 2011 World Energy outlook has made some rather ominous but important revelations.
For PV-centric’s like me, I was particularly interested in their projections for how they see PV fitting in to their 450PPM scenario, which requires dramatic changes to the Luddite-like thinking of our current Governments.
They suggest PV will need to be 901GW by 2035 which using a crude linear growth curve requires a very conservative 13.2% CAGR. For Australians, its even more interesting; if we assume we hold our current share of approximately 3% of the global PV market and grow at the same rate, we would have 23GW installed by 2035.
I posted some months ago on the extraordinarily conservative estimates of our Government who predict a mere 7.8GW by 2025 under our Carbon Price regime.
I’ll delay my retirement for 3 years (I’ll be 68 by then!) to be involved in proving all the Luddites and naysayers wrong on this one; clearly we are in for a way bigger future than any of us could dream of; even it we are half right.
Batter start saving for an “occupy the solar streets ” walking frame….
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