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Md Nadim Ahmed's avatar

Historically the IEA has underestimated the growth in renewables. So far solar growth is around 22% per year. Hence solar doubles every 3.2/3.3 years. So by 2035 you should expect solar production should 8x higher than what it is now.

Grid scale batteries have also doubled almost every year. So by 2035 they should be a 1000x what they are now.

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Md Nadim Ahmed's avatar

The biggest reduction in oil use so far has been the electrification of two wheelers and three wheelers in developing countries. Additionally for EVs the smaller cars are more profitable than larger cars (the opposite of ICE vehicles). That makes the dynamics of EVs more suitable for developing country cities than developed countries. In my view, Australia and America will actually be the last places in the world to fully ditch ICE vehicles.

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