> By comparison, France’s much-vaunted nuclear power construction spree accounted for roughly 60 gigawatts of capacity between 1975 and 1990, and China built about 400 gigawatts of solar PV capacity between 2007 and 2022, though today China is building about 100 gigawatts of solar a year.
This does not capture the sheer size+speed of the PV revolution. We're at 800GW production of PV panels EACH YEAR. This will increase to 1TW by the end of 2024. For comparison, the whole world fossil fuel electricity capacity is around 5TW. Accounting for a lower capacity factor, solar could provide almost all of the electricity in just 15 years. This is shorter than the life expectancy of solar panels, so prepare yourself for some major disruption.
Panels will be cheap as dirt, we'll install them as fences, roofs, sidings, you name it. Electricity during daytime will be free. We'll see some changes to the structure of electrical companies: they will charge a higher subscription to connect to the grid, and much less per KWh. Net metering is obviously going away.