At the present time, solar panels are responsible for helping generate 2% of the world’s electricity so a great deal of progress has been made in a relatively short period of time. However, you may be interested to read that it is being forecast that this percentage could increase significantly by 2030.
The International Renewable Energy Agency (IRENA) has produced a report that is forecasting that by 2030 anything up to 13% of electricity generated around the world could be done so by the use of solar photovoltaic panels. Presumably, this includes solar panels being fitted to both domestic and commercial premises as well as the installation of things like solar farms. It is suggested that the cost of installing solar panels may be able to come down even further which would be good from the customer’s point of view.
It is interesting that in the last 5 years the amount of solar capacity has increased from 40 GW to 227 GW around the world. It is forecast that this later figure could increase to anything between 1,760 to 2,500 GW by 2030. Apparently, last year, solar power made up 20% of new power that was generated so, as you can see, solar photovoltaic panels systems have been having a big impact on how power is generated around the world.
The environment has also benefitted as there has been a large drop in the emission of carbon dioxide. In fact, it is estimated that each year such emissions have fallen by anything up to 300 million tonnes.
It will be interesting to see what happens with the solar power industry in the next few years. In recent months, here in the UK, the industry has gone through some difficult times with many job losses. Let us hope that the situation improves. It is important that countries around the world do all that they can to help lower carbon emissions to help improve our environment.
