EIA Releases 2050 Projections For Energy & Makes It Clear That It Hasn’t Been Paying Attention
Credit to Author: Michael Barnard| Date: Wed, 19 Feb 2020 04:00:36 +0000
It’s unclear why the EIA 2050 projections are so skewed from observable realities of costs, age of fleets, and global industry transformation. Like most major energy analysis organizations, they are very poor at predicting the rapidly declining costs of wind and solar, very poor at predicting the rapidity of growth of those technologies, and very poor at understanding that the existing technologies are fairly radically outcompeted