Global solar power is projected to go from 500 TWh in 2018 to about 900 TWh in 2022.
Global wind power is projected to go from 1200 TWh in 2018 to about 1600 TWh in 2022.
This will cost over $1 trillion in spending over 5 years.
800 TWh of new solar and wind electricity should be added from 2018 to 2022. The world will add about 3600 to 4000 TWh of electricity generation from 2018 to 2022.
The annual amount of Solar and Wind power generation added increased by ten percent from 2016 to 2017.
Most of the new power is being built in Asia. The power that is added in Asia will determine the energy production mix for new power for the world.
The world is spending about $1.8 trillion per year on total energy buildout. Oil, natural gas and coal are the largest energy spending.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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