IEA Report Predicts Solar Power Domination by 2050

Renewable Energy World: Utah, USA -- According to the IEA, solar PV could conceivably be used to generate as much as 16 percent of the world’s electricity needs by mid-century, with solar thermal electricity generated by concentrating solar plants (CSP) accounting for another 11 percent.

The reports state that when combined, PV and CSP could cut annual carbon dioxide emissions by more than 6 billion tonnes – effectively equaling the current output of worldwide transportation emissions and exceeding all CO2 emissions produced in the U.S. today.

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