Solar Power Could Be World’s Top Electricity Source By 2050

SOLARSUN

Falling cost of solar photovoltaic panels could help technology generate up to 16% of world’s electricity by mid-century

Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA), the West’s energy watchdog, said on Monday.

IEA Reports said solar photovoltaic (PV) systems could generate up to 16% of the world’s electricity by 2050, while solar thermal electricity (STE) – from “concentrating” solar power plants – could provide a further 11%.

“The rapid cost decrease of photovoltaic modules and systems in the last few years has opened new perspectives for using solar energy as a major source of electricity in the coming years and decades,” said IEA Executive Director Maria van der Hoeven.

Solar photovoltaic (PV) panels constitute the fastest-growing renewable energy technology in the world since 2000, although solar is still less than 1% of energy capacity worldwide.

The IEA said PV expansion would be led by China, followed by the United States, while STE could also grow in the United States along with Africa, India and the Middle East.

ARTICLE LINK: http://www.theguardian.com/environment/2014/sep/29/solar-power-could-be-worlds-top-electricity-source-by-2050-says-iea

Author: Andrew

My name's Andrew Towell, I’m 32 years of age and I was born and live in a coastal town called Hartlepool located in the North East of England. The idea behind starting the blog is for me to research sustainable living practices, I enjoy growing plants so their will be an emphasis on organic food production.

1 thought on “Solar Power Could Be World’s Top Electricity Source By 2050”

  1. That’s good to see but efficiency needs to go up and battery storage improved. Better it is solar than wind. Would love to have solar on my house.

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