Solar PV has experienced exponential growth in recent years, with global installed capacity increasing ten-fold from 2010 to 2017 – annual capacity additions rose from less than 20 GW in 2010 to 40 GW in 2014 and a record-breaking 97 GW in 2017. At the same time, wind power has continued to expand, adding about 50 GW annually over the past five years.Together, solar PV and wind have the potential to transform electricity worldwide, with significant impacts on the operations of whole systems and the economics of all sources of electricity. But to what degree can we reasonably expect such exponential growth to continue?
Authors
- Published in
- France
