{"id":14844,"date":"2024-09-27T11:53:21","date_gmt":"2024-09-27T11:53:21","guid":{"rendered":"https:\/\/lonecandle.com\/?p=14844"},"modified":"2024-09-27T11:53:22","modified_gmt":"2024-09-27T11:53:22","slug":"even-solar-energys-biggest-fans-are-underestimating-it","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=14844","title":{"rendered":"Even solar energy\u2019s biggest fans are underestimating it"},"content":{"rendered":"\n<p>&#8220;That solar power installations are going up as the technology improves and prices come down isn\u2019t too surprising, but the sustained surge is still stunning.<\/p>\n\n\n\n<p>\u201cWhen you look at the absolute numbers that we\u2019re on track for this year and that we installed last year, it is completely sort of mind-blowing,\u201d said&nbsp;<a href=\"https:\/\/ember-climate.org\/about\/people\/euan-graham\/\" target=\"_blank\" rel=\"noreferrer noopener\">Euan Graham<\/a>, lead author of the report and an electricity data analyst at Ember.<\/p>\n\n\n\n<p>Several factors have aligned to push solar power installations so high in recent years, like better hardware, economies of scale, and new, ripe, energy-hungry markets. Right now, solar still just provides around&nbsp;<a href=\"https:\/\/ourworldindata.org\/electricity-mix\" target=\"_blank\" rel=\"noreferrer noopener\">5.5 percent of the world\u2019s electricity<\/a>, so there\u2019s enormous room to expand. But solar energy still poses some technical challenges to the power grid, and the world\u2019s ravenous appetite for electrons means that countries are looking for energy wherever they can get it.<\/p>\n\n\n\n<p>So if you\u2019re concerned about climate change, it\u2019s not enough that solar wins; greenhouse gasses must lose.&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;Energy storage technologies like batteries are also getting way better and cheaper. The price of batteries has&nbsp;<a href=\"https:\/\/ourworldindata.org\/battery-price-decline\" target=\"_blank\" rel=\"noreferrer noopener\">tanked 97 percent since 1991<\/a>. Because of better technology, falling costs, and more markets for saving power, the US is on track to&nbsp;<a href=\"https:\/\/www.canarymedia.com\/articles\/energy-storage\/chart-the-us-grid-battery-fleet-is-about-to-double-again\" target=\"_blank\" rel=\"noreferrer noopener\">double its grid energy storage capacity<\/a>&nbsp;compared to last year.&nbsp;<a href=\"https:\/\/www.utilitydive.com\/news\/energy-storage-2023-battery-projects-solar-acp\/709851\/\" target=\"_blank\" rel=\"noreferrer noopener\">More than 10 gigawatts of solar and storage<\/a>&nbsp;came online in 2023 across the country and that\u2019s&nbsp;<a href=\"https:\/\/www.woodmac.com\/news\/opinion\/the-state-of-us-distributed-solar-plus-storage\/\" target=\"_blank\" rel=\"noreferrer noopener\">likely to double this year<\/a>. \u201cEnergy storage is at an earlier stage [than solar] but we are likely to see rapid expansion in that segment, especially in regions where solar and wind penetration are high already such as California and Texas,\u201d said&nbsp;<a href=\"https:\/\/www.spglobal.com\/marketintelligence\/contributors\/275407\/steve-piper\" target=\"_blank\" rel=\"noreferrer noopener\">Steve Piper<\/a>, director of energy research at S&amp;P Global Commodity Insights&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/climate\/372852\/solar-power-energy-growth-record-us-climate-china\">https:\/\/www.vox.com\/climate\/372852\/solar-power-energy-growth-record-us-climate-china<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;That solar power installations are going up as the technology improves and prices come down isn\u2019t too surprising, but the sustained surge is still stunning.<br \/>\n\u201cWhen you look at the absolute numbers that we\u2019re on track for this year and that we installed last year, it is completely sort of mind-blowing,\u201d said Euan Graham, lead author of the report and an electricity data analyst at Ember.<\/p>\n<p>Several factors have aligned to push solar power installations so high in recent years, like better hardware, economies of scale, and new, ripe, energy-hungry markets. Right now, solar still just provides around 5.5 percent of the world\u2019s electricity, so there\u2019s enormous room to expand. But solar energy still poses some technical challenges to the power grid, and the world\u2019s ravenous appetite for electrons means that countries are looking for energy wherever they can get it.<\/p>\n<p>So if you\u2019re concerned about climate change, it\u2019s not enough that solar wins; greenhouse gasses must lose.&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;Energy storage technologies like batteries are also getting way better and cheaper. The price of batteries has tanked 97 percent since 1991. Because of better technology, falling costs, and more markets for saving power, the US is on track to double its grid energy storage capacity compared to last year. More than 10 gigawatts of solar and storage came online in 2023 across the country and that\u2019s likely to double this year. \u201cEnergy storage is at an earlier stage [than solar] but we are likely to see rapid expansion in that segment, especially in regions where solar and wind penetration are high already such as California and Texas,\u201d said Steve Piper, director of energy research at S&#038;P Global Commodity Insights&#8221;<\/p>\n<p>https:\/\/www.vox.com\/climate\/372852\/solar-power-energy-growth-record-us-climate-china<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[913,1247,1112,1058],"class_list":["post-14844","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-electricity","tag-infrastructure","tag-low-carbon-energy","tag-solar-energy"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/14844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14844"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/14844\/revisions"}],"predecessor-version":[{"id":14845,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/14844\/revisions\/14845"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}