Monthly Archives: July 2021

Solar and wind growth failing to outpace demand growth (except during an economic crisis)

The good news keeps on coming: Belgium is worldwide in the top 15 of “Wind and Solar countries”. More specifically, we are at 9th place having a share of 20% of our electricity production from solar and wind in 2020:

It didn’t end there. China, the EU-27 and the United States are responsible for more than two-thirds of global generation, Vietnam went from 0 to 14 TWh in just 3 years, Chile and South Korea have quadrupled their wind and solar generation since 2015, and many other countries (Brazil, China, India, Mexico, Turkey and Uruguay) have tripled it. Also, many countries now get around a tenth of their electricity, which is the global average for electricity generation from solar and wind.

Of course, the transition to solar and wind is going to be cheap. According the article, the cost for solar and wind are at a tipping point with almost two-thirds of wind and solar projects built globally last year will be able to generate electricity cheaper than even the world’s cheapest new coal plants.

That all sounds pretty impressive, but as usual in alternative energy reporting, this is just half of the story. Luckily, the author also showed the readers a glimpse of the challenges ahead, putting these glorious numbers somewhat in perspective.

Continue reading