Solar Power: The Case for Tempered Optimism
How the EIA and IEA underestimated industry’s growth, and why we must still be cautious
The rapid growth of solar power in the 2010s, both in the United States and worldwide, is one of the big success stories in recent energy history. However, as many analysts have pointed out, this success is one government agencies failed to foresee. Why have forecasts consistently underestimated the growth of solar and how can forecasts be improved in the future? This is an important question, since as we think about the options for decarbonizing the world’s energy system, we need to know what different technologies can do.