By Andrew Blakers, Australian National University | –
You might feel despondent after reading news reports about countries doubling down on fossil fuels to cope with energy price spikes.
Don’t. It’s a blip. While the Russian invasion of Ukraine has led to a temporary fossil fuel resurgence, it also accelerated Europe’s renewable ambitions. And the United States and Australia have finally passed climate bills. This week, federal energy minister Chris Bowen announced “Australia is back” on climate action.
There’s better news too. In March this year, the world hit one terawatt of installed solar. By 2025, the world’s polysilicon factories are predicted to bounce back from supply shortages and churn out enough high-purity silicon for almost one terawatt of solar panels every year.