Solar? Wind? Perhaps Solar-wind?
The short version:
- Wood Mackenzie and the American Wind Energy Association released a study about which energy industry is growing faster, solar or wind.
- According to the report, between 2019 and 2030 MW of wind will decrease, and MW of solar will “drastically” increase.
- Solar power is more predictable than wind, which makes it more attractive to businesses.
- However, there will be a place for wind where solar just doesn’t make sense.
It seems to me that solar has more room for major advancements in tech, which will increase efficiency and decrease cost. No surprises here.