WoodMac predicts strong yet flat global PV growth through to 2032

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4 Comments

  1. EnergeticFinance on

    So yet another energy market expert predicting solar growth will suddenly halt?

    Looks like the 15 years of IEA predictions.

    [https://www.pv-magazine.com/wp-content/uploads/2018/11/01025_Annual_PV_additions_1sp_Int1-page-001.jpg](https://www.pv-magazine.com/wp-content/uploads/2018/11/01025_Annual_PV_additions_1sp_Int1-page-001.jpg)

    Or more recent misses. Check out [June 2023 predicting 440 GW of new renewables in 2023,](https://www.iea.org/reports/renewable-energy-market-update-june-2023/executive-summary) vs. the actual figure of [510 GW installed in 2023.](https://www.iea.org/reports/renewables-2023/executive-summary) Most of that miss is them predicting 285 GW of solar install, vs end of year figure of 375 GW. So over a 6 month period their predictions missed on solar installs by 30%.

    Expect this article you linked is more of the same BS.

  2. someotherguytyping on

    Yes because woodmac goes out of its way to do magical thinking for o & g – don’t believe me? Go look at every one of their projections vs. other similar firms.

  3. relevant_rhino on

    They mention some grid limitations in China, fair.

    They completely miss to mention all the storage and the 10 MILLION! EV that hit the street this year.

    Obligatory, but where shuld we charge all these EV’s?!

    /s

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