Solar power will account for 27 percent of global electricity by 2050

According to the International Energy Agency (IEA), the dominant global power source by the year 2050 is going to be solar energy. The organization projects that, within the next few decades, a combination of solar photovoltaic (PV) panels and concentrated solar thermal with storage will account for 27 percent of all the electricity that is produced around the world.

While this might seem like a somewhat radical scenario, some outlets believe that the IEA is being too conservative in its projects. CleanTechnica writes that, for the solar PV panels to reach the 16 percent level the IEA is estimating, it will need to create 116 GW of power by 2050. As it stands, there is almost 100 GW produced globally, meaning that the IEA's number will likely be met within the next several years, by 2017 or 2018.

For the global community to reach its core energy goals by the year 2050, nearly 70 percent of all electricity is going to need to be produced from renewable resources. The IEA predicts that other clean forms of energy – such as nuclear and carbon capture – will likely not meet their share by 2050, meaning that there will be an increased emphasis on the importance of solar panel installations.

Energy-efficient technology is going to be an important part of the future health of the entire planet, in the long-term and the short-term. To do your part for the environment, you can help reduce the power consumption of your home by investing in energy saving window film from R&J Tinting. Contact us today to schedule an appointment or to learn more about our wide selection of high-quality products.