‘Insanely cheap energy’: how solar power continues to shock the world

‘Insanely cheap energy’: how solar power continues to shock the world

The Guardian

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Australian smarts and Chinese industrial might made solar power the cheapest power humanity has seen – and no one saw it coming

In the year 2000, the International Energy Agency (IEA) made a prediction that would come back to haunt it: by 2020, the world would have installed a grand total of 18 gigawatts of photovoltaic solar capacity. Seven years later, the forecast would be proven spectacularly wrong when roughly 18 gigawatts of solar capacity were installed in a single year alone.

Ever since the agency was founded in 1974 to measure the world’s energy systems and anticipate changes, the yearly World Energy Outlook has been a must-read document for policymakers the world over.

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