Re:G7 nations committing billions more to fossil fuel than g...
by pfdietz on Wednesday June 02, 2021 @09:47AM
(#27368619)
There was a similar price shock back around 2010 (?) due to polysilicon shortage. After the hand wringing about how the learning curve was over, capacity increased, and prices continued downward, making up for lost time.
Looking longer-term there will be growth slow-down when wind/solar reaches a larger scale due to the intermittent nature of the energy unless we can figure out how to deal with this. Currently dealing with it requires lots of gas peaker plants, hydro (which has its own environmental damages) or batteries (the resources required to produce and continually replace these are not sustainable but hopefully the net carbon emission can stay low). Malaysia recently had to stop incentivizing solar because their grid couldn't handle it.