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The solar ramp up is pretty shocking. I wonder if it was weirdly low in '24.
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Hard to say without knowing methodology. We got solar installed some time mid/late 2023, I think(?), because of the huge subsidy being offered, so 2024 was the first full year of solar for us. If there was some of this dynamic going on large scale residentially, and perhaps even some industrial-scale projects, then I can see it.
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I could imagine a rush of people taking advantage of solar subsidies before Orange Man could take them away.
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67 sats \ 1 reply \ @BlokchainB 23h
Damn the natural gas generation falling is a surprise
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Russia related, maybe?
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China makes the PV panels at lower cost than anyone else. China is building more power generation than anyone else. Much more and much more efficiently.
In the race to achieve AI supremacy China has the distinct advantage that its electricity supply is larger and cheaper than anyone else....by a significant margin.
China now generates more electricity than the USA, EU and India combined.
China is building nuclear power generation at a rate unmatched by anyone else and at a cost / KW ?generation capacity 1/6th that USAs new nuclear plants are costing.
China leads the USA/west on the majority of new technology and productivity sectors.
China mixed economy makes this possible - they have been investing in R&D at a compounding rate of 12% for several decades leaving the US and Europe in the dust.
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