ABSTRACT

The future of wind and photovoltaic (PV) power and its projected growth, expressed as a percentage of the total electricity demand in the world, are discussed in this chapter. The historical data on market developments in similar basic-need industries and the Fisher-Pry market growth model indicate that PV and wind power may reach their full potential in the year 2065. The probable impact of the U.S. utility restructuring on renewable energy sources is reviewed.