Solar energy is, without a doubt, exponentially expanding. The renewable energy industry has anticipated that by 2050, solar will become the number one source of energy. This is no surprise, given the excellent benefits that come with solar power. Not only does solar power reduce your energy bills and greenhouse gas emissions, but it also doesn’t generate pollutants and harmful toxins.
Solar energy is also becoming more and more affordable. Solar panels are becoming more accessible for everyone since the costs have dropped by no less than 90% since 2010. It is also more attainable than ever to switch to solar without owning a property with the help of various solar programs for renters.
The Growing Trend of Solar Energy
The issues of global warming and the consistent rise of carbon emissions expanded worldwide interest in solar power. Solar and hydro, along with many other renewable energy sources, are amongst the best solutions for reducing greenhouse gases, as well as carbon emissions.
Since the early 2000s, the implementation of solar power around the world has been increasing significantly. As a result, solar is fast approaching hydro-power and wind energy as the most popular source of renewable energy, achieving around 1% of total energy generated worldwide.
With this increasing expansion of solar energy production, solar has become nuclear power’s number one rival in energy production. In 2015, nuclear energy only reached 391 GW (gigawatts), while solar energy attained a capacity of around 350GW globally.
The energy sector anticipates that given solar energy’s current rate of conversion, it can finally surpass fossil fuels by the year 2050. By this year, the implementation of solar energy is expected to be finally available around the world.
Another element that is driving the expansion of solar power is public awareness. People are now becoming more educated on the great benefits of solar energy and are willing to push its growth. As we all know, renewable energies are a much more efficient source compared to nuclear and coal. The investment and development in solar energy will continue as public awareness and support grow.
We have seen an increase of no less than 150 GW in renewables, while gas and coal have decreased steadily. The United States and China led the increasing global use of solar energy in 2021. Global implementation of solar power grew exponentially by 50% in the same year.
In terms of global use, Europe currently sits at the first spot, with Germany leading across all European countries. In 2016, Germany set a goal of 100 GW, surpassing the target with 104GW. In the next five years, it is expected that solar energy will surpass the combined energy generated in both India and China.
Predictions from International Energy Agency reported that India might exceed Europe for solar power use in a few years, and China may produce almost half of the solar panels installed worldwide.
It is unexpected that, given the increasing development and progress of solar power, the United Kingdom has declined its conversion to renewable energies. The United Kingdom, unfortunately, reduced its investment in solar panel installations and solar farms. The total amount of solar energy produced declined to half compared to the numbers it had the previous year.
How Climate Affects Solar Panel Production: The Impact of Weather on Energy Efficiency
The examination of combating climate change has been going on for years, and it looks like there is no end in sight. If there’s one thing we must agree on is that we all have a responsibility to do something about it. Solar power production is one solution that has been earning global praise. It doesn’t produce any emissions contributing to climate change, making solar energy an excellent way to minimize our dependence on fossil fuels.
When talk of climate change occurs, many believe that the shifting climate will negatively impact solar production. One misconception regarding solar power is that it produces less energy in cold areas. As a matter of fact, cold environments can still generate electricity, and the true enemy of efficiency in solar power is heat. Colder environments can keep solar panels from overheating. Snow concentrates sunlight and is also reflective.
Your solar panels can still generate electricity in cold areas as long as you keep snow and other airborne elements from burying your modules. Understanding your environment and how it influences your solar PV system is vital, especially if you’re considering switching to a greener option.
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If solar power is becoming more affordable, why aren’t we using it more?
Renewable energies haven’t entirely replaced nuclear and fossil fuels despite their evident drop in costs. The delays to a renewable transition are due to the lack of policies, investments, as well as infrastructure that are much needed in this switch.
Unfortunately, these factors have long been in favor of fossil fuels.
It may now be cheaper to build renewables such as solar farms, but that rate may not immediately compare to fossil fuel plants that are long established. With fossil fuel operations, it is more profitable and advantageous in terms of the structure of utilities.
This may not be good news for the environment, but this is what makes state-regulated monopolies continue to supply power in almost half of the United States. These investor-owned companies enjoy consistent earnings and return on their investments as they continue running these plants.
Solar Energy: The Future of Electricity
Solar energy is indeed our future. We have seen so much development in solar energy production in recent years, and this is only going to develop as we move further into the 21st century.
Not only is solar energy a sustainable resource that doesn’t harm the environment, but it’s also becoming more and more attainable for everyone. And that’s why at Energy Matters, we believe that solar power is the future – not just for Australia, Germany, and the US, but for the entire world.
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