Monday, August 6, 2012

Why do experts always lowball clean energy projections?

Last month, Michael Noble of Fresh Energy put up a fascinating?list of projections?made by energy experts around 2000 or so.?Suffice to say, the projections did not fare well. They were badly wrong?

What should we take from this?

The projections weren?t just off, they were?way?off. You can find similarly poor projections from the ?70s that underestimate the spread of energy efficiency and other demand-side technology solutions (They thought they were going to need hundreds of nuclear plants). Similarly terrible projections were also common in the early years of cell phones.

What do cell phones, energy efficiency, and renewable energy have in common? One, they are dynamic areas of technology development and market competition, which makes straight-line projections pretty useless. And two, they are?distributed, with millions of loosely networked people and organizations working on them in parallel. Distributed, human-scale technologies come in small increments. They replicate quickly, so there?s more variation and competitive selection, and thus more evolution.

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Keep reading: Grist -?Why do ?experts? always lowball clean-energy?projections?

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Source: http://1x57.com/2012/08/05/why-do-experts-always-lowball-clean-energy-projections/

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