http://www.fin24.com/Economy/Six-massiv ... s-20150624
Most interesting points to me:
4. Global demand slows
Yes, the world is inundated with mobile phones, flat screen TVs, and air conditioners. But growth in demand for electricity is slowing. The reason: efficiency.
To cram huge amounts of processing power into pocket-sized gadgets, engineers have had to focus on how to keep those gadgets from overheating. That's meant huge advances in energy efficiency. Switching to a LED light bulb, for example, can reduce electricity consumption by more than 80%.....
Points 1 and 2 - if solar is becoming so cheap, I wonder if investment in Solar producing companies is a good idea, it will be difficult for them to remain profitable if they are in a price war for the next 25 years?3. The revolution will be decentralised
The biggest solar revolution will take place on rooftops. High electricity prices and cheap residential battery storage will make small-scale rooftop solar ever more attractive, driving a 17-fold increase in installations.
By 2040, rooftop solar will be cheaper than electricity from the grid in every major economy, and almost 13% of electricity worldwide will be generated from small-scale solar systems.