Could solar represent one quarter of world electricity production by 2050?

The International Energy Agency, according to two recently released technology roadmaps, thinks solar electricity coming from photovoltaic or concentrating solar systems could by 2050 come to represent between 20 and 25 per cent of global electricity production. Now, to be clear, we’re talking about production — not capacity — so this is a significant figure given the sun doesn’t shine all the time. PV would be mostly for distributed on-grid generation, while concentrating solar power (CSP) would be mostly used at utility scale in a way where electricity could be dispatched, much like coal power plants are used today. CSP would have a thermal storage component, and it would be done on a large scale in regions with the best solar regimes. The electricity would then rely on enhanced transmission infrastructure to get the power to more remote locations. “Together, PV and CSP could generate 9,000 terawatt-hours of power in 2050.”

It also predicts that residential and commercial building PV will reach grid parity in some markets by 2020, and will be competitive at utility scale in some regions by 2030, when it would provide 5 per cent of global electricity. “As PV matures into a mainstream technology, grid integration and management and energy storage become key issues… By 2050, PV could provide more than 11 per cent of global electricity.”

The rest will come from CSP, which is expected to become competitive as a peaking and mid-peak power source by 2020 in sunny regions. “Thanks to thermal storage, CSP can produce electricity around the clock and will become competitive with base load power by 2025 to 2030.” It also predicts North America — i.e. the southern parts of the United States — will be the largest producer of CSP electricity, followed by North Africa and India. CSP, like PV, could represent 11 per cent or more of electricity production by 2050.

Personally, I’m equally optimistic. As Joe Romm over at Climate Progress regularly makes clear, CSP is well on its way to replace coal-fired power in many parts of the world. On the PV side, I’m encouraged by the state of innovation (see above posting).

2 thoughts on “Could solar represent one quarter of world electricity production by 2050?”

  1. If PV is growing by 50% per year, and this pace contiues (I suspect prices should contiue to fall) this should occur by 2030, well before 2050.

  2. Interesting read.

    While the technology is developing quickly, however, do you feel like gatekeepers (governments, energy companies) will want to make the switch from traditional energy sources?

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