A solar revolution is underway, with experts predicting that by 2030, solar power could be effectively free during daylight hours in many regions.
David Wallace-Wells writes for The New York Times.
In short:
- Solar energy capacity saw an 80% increase in 2023, now providing nearly 6% of global electricity, with expectations to become the dominant source by the 2030s.
- The cost of solar panels has dropped dramatically, making solar the cheapest new electricity source for 95% of the world.
- The future may bring industries that adjust operations based on solar availability, with a growing focus on energy storage and transmission.
Key quote:
“The next tenfold increase will be equivalent to multiplying the world’s entire fleet of nuclear reactors by eight in less than the time it typically takes to build just a single one of them.”
— The Economist
Why this matters:
With fewer fossil fuels being burned, we could see a dramatic drop in pollution-related illnesses, cleaner air, and a significant cut in carbon emissions. The challenge now is to figure out how to harness this potential. Read more: Solving the climate crisis requires more than switching to renewables—everyone needs equal access.
