Comment Now Peter Diamandis Contributor I write about entrepreneurs, abundance and exponential tools/tech. Opinions expressed by Forbes Contributors are their own. Solar Energy Revolution: A Massive Opportunity - Forbes http://www.forbes.com/sites/peterdiamandis/2014/09/02/solar-energy-re... 1 of 5 9/2/2014 8:21 PM Solar Energy Revolution: A Massive Opportunity - Forbes http://www.forbes.com/sites/peterdiamandis/2014/09/02/solar-energy-re... 2 of 5 9/2/2014 8:21 PM
Solar Energy Revolution: A Massive Opportunity - Forbes http://www.forbes.com/sites/peterdiamandis/2014/09/02/solar-energy-re... 3 of 5 9/2/2014 8:21 PM Digitized: How we manufacture, measurem and control solar electricity has become digitized, and therefore hopped on an exponential growth pat Deceptive: Today we are in the deceptive phase of solar growth. Remember, a 30% increase per year means we are only 7 doublings, or 21 years, away from a 128-fold increase. Disruptive: With 5,000 times more solar hitting the Earths surface in a year than humanity uses today, solar has plenty of head-room for growth The UBS study said it well: Our view is that the we have done it like this for a century value chain in developed electricity markets will be turned upside down within the next 10-20 years, driven by solar and batteries. Dematerialized: a distributed, pervasive solar grid will create a far more robust and capable energy grid. Again, from the UBS report, (Todays) large-scale power generation, will be the dinosaur of the future energy system: Too big, too inflexible, not even relevant for backup power in the long run. Demonetized: Ultimately, energy from the Sun is free. Better yet, the Solar Energy Revolution: A Massive Opportunity - Forbes http://www.forbes.com/sites/peterdiamandis/2014/09/02/solar-energy-re... 4 of 5 9/2/2014 8:21 PM This article is available online at: http://onforb.es/1qXNag0 2014 Forbes.comL poorest countries in the world are also the sunniest. Imagine a world wher there is a squanderable amount of cheap and clean energy? Democratized: As said above, solar scales globally, available to everyone even in the poorest countries in the world. By 2025, everybody will be able to produce and store power. And it will be green and cost competitive, i.e., not more expensive or even cheaper than buying power from utilities. It is also the most efficient way to produce power where it is consumed, because transmission losses will be minimized. Power will no longer be something that is consumed in a dumb way. Homes and grids will be smart, aligning the demand profile with supply from (volatile) renewables. Solar Energy Revolution: A Massive Opportunity - Forbes http://www.forbes.com/sites/peterdiamandis/2014/09/02/solar-energy-re... 5 of 5 9/2/2014 8:21 PM