A new climate modeling tool developed by the co-founder of Sydney-based software company OpenSolar predicts a seismic shift in global energy patterns, predicting that solar energy will account for more than half of the world’s energy production by 2035.
Andrew Birch, co-founder and CEO of solar software provider OpenSolarAccording to the recently launched S-Curve model, it appears that a transition to clean energy is inevitable, with solar energy taking the lead.
The S-Curve model projects historical trends in solar energy and predicts that technology costs will continue to decline by 10% per year, while deployment will grow by 25% per year. This will see solar power eclipse nuclear power this year, oil in 2031, and supply more than half the world’s energy by 2035 in a classic S-curve technology shift.
“On electricity growth trends“Solar energy is on track to replace 50% of traditional energy supplies within ten years. This should scare you if you’re still financing coal, oil or gas,” Birch said, adding that the prediction is simply the mathematical outcome is the continued growth of solar energy. “which is just starting to work.”
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