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Photovoltaic capacity is expected to be around 4674 GW in 2050 (currently around 150, I think) [1]. Let's be optimistic and say it'll actually be around 20000 GW, just for the fun of it, and let's ignore all of the variability problems that solar poses. Considering that PV's capacity factor is around 15%, that's around 26 PWh of annual (electric) energy production, around 50% of the electrical energy we use up in a year today, nevermind what we will actually need in 2050 thanks to the neverending growth we're apparently trying to go for. IIRC, electricity represents 20-25% of our civilization's energy use mix, so solar should solve around 10-15% of our needs in 2050 under extremely optimistic assumptions and ignoring ALL of the variability, energy grid, energy storage, solar panel production issues, none of which are minor limitations. 2050 is around 10 years beyond the date we need to be carbon neutral to stay below 2°C [2], if we were to peak in 2020 and quickly ramp down our emissions. It's 20 years too late in business as usual scenarios. [1] http://www.iea.org/publications/freepublications/publication...
[2] http://www.realclimate.org/index.php/archives/2017/06/why-gl... |
In the SW United States, capacity factor for a ground-mounted system utilizing a single-axis tracker is between 28% and 35%.
Source: I am a developer of utility-scale PV power plants.