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Solar power is simply not enough
The reality is more sobering: renewables are not displacing fossil fuels—especially in non-OECD countries and energy-intensive sectors. Revised and updated August 28, 2019. When most of us think about renewable energy, we usually mean solar panels and wind farms. Although hydro or geothermal power make for great carbon-free renewable power where they exist, for most of the. . Solar power is already providing the “cheapest electricity in history” and is expected to play a pivotal role in the global transition away from fossil fuels. The technology accounted for two-thirds of the world's new electricity capacity and two-fifths of new generation in 2024, according to the. . Solar panels haven't been terribly efficient up until late, but moreso, you have to store solar energy if it is the main source of power, which makes it less efficient than it already was. That said it is way underutilized. For others, government and utility subsidies provide a powerful incentive to make the necessary up-front investment.
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