By Guest-Blogger Don: Wanted, People Who Can Grow a Company by 8% (per month)
I was giving a speech earlier this month about Energy Security, and while preparing the speech came upon some stark realizations about electrical generation in the US:
1) Solar is equivalent to an insignificant rounding error for electrical generation in the US.
2) Coal will remain by far the dominant form of electrical generation assuming the status quo for at least 5 years and will probably be the first or second generator for 10 years.
3) Assuming current trends, solar not be out producing petroleum product (petroleum liquids, petroleum coke) for about 4½ to 5 years.
4) Growth of 40% per year in 5 years solar will still be a rounding error for electrical generation in the US.
5) With growth of 60% per year in 5 years solar will finally achieve the status of being a rounding error for electrical generation in the US. (more…)