[Aboutplants]

“Actual production is at about 30% of total capacity, worldwide, apparently.”

I see this as great news for the future as ramping up production to hopefully meet rising demand should be fairly easy. That is of course assuming demand gets to where it needs to be. Another year or two and the economics should simply provide that boost to demand

[epistasis]

I think typical factory production rarely gets above 50% of capacity, IIRC. Nonetheless, factories are being built at breakneck speed in the US and other places. The same IEA report that cited 1TWh/year in 2024 expects that number to be 3TWh/year in 2030. And given the IEA's tendency to underpredict, I'd expect 3TWh/year in 2027 at the very latest, if we're not already there.