Offshore wind to become a $1T industry

Re:Offshore wind to become a $1T industry by vkou on Friday October 25, 2019 @12:56PM (#21356899)

> With solar penetration increasing fast, and so much wind potential, it’s almost impossible not to transition off of fossil fuels rapidly.

How rapidly is it, really?

Solar, wind, and geothermal currently supply 6% of global on-grid electricity consumption.

But on-grid electricity is only 20% of our energy consumption.

Every year, the rate of growth in coal and oil energy is greater than that of all solar deployment world-wide.

The rate of growth in natural gas energy consumption is greater than that of all wind deployment world-wide.

Let this sink in. The increase in the amount of fossil fuels that we burn, year, over-year, is greater than that of all existing solar and wind energy deployment.

Wind and solar deployment is growing fast. But you know what's growing an order of magnitude faster? Fossil fuel use.

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Re:Offshore wind to become a $1T industry by toomuchtodo on Friday October 25, 2019 @01:09PM (#21357012)

Email in profile. I am happy to discuss at length the path forward, but this thread is not the forum. Boils down to market forces and public policy. We are awash in clean energy.

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Re:Offshore wind to become a $1T industry by ThomPete on Friday October 25, 2019 @01:37PM (#21357325)

Wind and solar is less then 1% of worlds energy today and not projected to be more than 3-4% in 2040.

My guess is that it won't even be 2% by 2040.

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