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Quote of the day

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.

 

Thomas Edison

Solar and Wind has to increase 5 times to provide all of annual increase in electricity

RATE THIS! +8
Posted in Business on 17th Aug, 2018 03:24 AM by Alex Muller

Global solar power is projected to go from 500 TWh in 2018 to about 900 TWh in 2022.
Global wind power is projected to go from 1200 TWh in 2018 to about 1600 TWh in 2022. 800 TWh of new solar and wind electricity should be added from 2018 to 2022.

 

The world will add about 3600 to 4000 TWh of electricity generation from 2018 to 2022.

 

The annual amount of Solar and Wind power generation added increased by ten percent from 2016 to 2017. Most of the new power is being built in Asia. The power that is added in Asia will determine the energy production mix for new power for the world.

 

The world is spending about $1.8 trillion per year on total energy buildout. Oil, natural gas and coal are the largest energy spending. Fossil Fuel Subsidies are 6.5% of world GDP.


Tags: solarenergyhardwaresolar panelswind

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