Solar is already the cheapest available power across large swathes of
the tropics, writes Chris Goodall - its cost down 99.7% since the early
70s. Soon it will be the cheapest electricity everywhere, providing
clean, secure, affordable energy for all.
Towards the end of last
year, Shell CEO Ben van Beurden made a little-noticed remark. He said
that solar would become the "dominant backbone" of the world's energy
system.
He didn't give a date for his prediction, or indeed define
what 'dominant' means, but he accepted that the sun will eventually
provide the cheapest energy source across almost all of the world.
This
is what my new book, The Switch, is about. Just how long will it take
to wean the world off fossil fuels using just the forces of the free
market rather than quixotic governments? What technologies will we need
to complement the intermittent power of the sun?
In some ways, van
Beurden's thought is an obvious one. The light and heat coming from the
sun provides a continuous stream of about 90,000 terawatts of energy to
the planet. (Don't worry about the unit of measurement. The important
thing is that this number is six thousand times the requirements of the
entire world).
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