There is no over capacity at photovoltaic

The chief of a solar company talks about an over capacity on the photovoltaik market. But the worldwied production is just 1% of the absolut minimum from what is required.

  From where should the energy come?

I think I have to talk with the chief of this photovoltaic company about his profession. Photovoltaic is not a nice sundries to earn a little bit of money. From the photovoltaic industrie depends the future of mankind.

  373 GW PV yearly production to compensate peak oil

What to do when oil production decreases 3 million barrel per year? It's possible to replace crude oil with electric power. Depending on application are different quantities of electric power necessary to replace 1 litre oil. Let's take for an example 3 kWh per litre.

3 Millionen * 158,97 (barrel to litre) * 365 days = 174 billion litre.

174 billion litre * 3 kWh = 522 TWh electric power

When one Watt photovoltaic produces in average 1400 Wh per year, it's necessary to produce 373 GW photovoltaic.

  Higher energy demand

But to compensate peak-oil is only a small part of the complete task. There are humans, the demand for energy increases. Peak natural gas and peak uran have also to be compensated. Let's take a round number for the absolute minimum with 1000 GW photovoltaic yearly production.

  About 1% of the minimum

To talk from over capacity at a worldwide production in the range of 1% of the absolut minimum is not to surpass ludicrousness.

  2009 The fossil recession is contradicted

Peak oil brought 2008 all economy bubbles to burst, but instead of a consequent change to renewable energy, the fossil stuck in the mud do not give up.

CO2 carbon dioxid interest
Who takes a credit has to pay back because of the interest much more. Also at the greenhouse gases, interest exists, the unfreezing permafrost grounds worsen the situation.

House without grid connection
An energy consultant at the other end of the telephone wants to tell me, that a normal house will have in the future no grid connection. Here the truth about this nonsens.

350 billions tons CO2
Fossil energy is something extrem short term, solar energy will be at last 4 billion years. A compare of fossil energy vs photovoltaic.

Climate renewal costs
The resarch of the earth population about the theme climate renewal and climate renovation costs is complete insufficient. But without caclulation of the consequential costs no CO2 tax.

Applied Materials makes loss
In a normal world, Applied Materials would have to search desperate for new personal, train new personal. The delivery termins for new photovoltaic factories would be 2013.