Table 1 Anticipated capacities, costs, and utilization rates for PV, wind, storage, and transmission facilities by the 2050 s across different interconnection scenarios

From: Globally interconnected solar-wind system addresses future electricity demands

Scenario

Installed solar capacity (TWp)

Installed wind capacity (TWp)

Energy storage power (TW)

Energy storage capacity (TWh)

Electricity transmission power (TW)

Annual solar generation (×103 TWh)

S-I

55.43

3.41

8.44

144.31

/

89.38

S-A

54.36

3.38

7.92

115.46

235.51

87.63

S-C

47.15

3.34

5.74

106.69

341.44

73.57

S-G

42.52

3.27

4.93

90.88

384.49

65.24

Scenario

Annual wind generation (×103 TWh)

Storage utilization rate (%)

Transmission utilization rate (%)

Total initial investment (trillion US$)

Curtailment rate (%)

Penetration rate (%)

S-I

7.73

4.53

/

142.32

41.30

72.02

S-A

7.63

3.21

0.48

133.34

32.20

73.68

S-C

7.58

0.70

0.74

123.12

23.46

74.20

S-G

7.42

0.52

1.15

119.85

8.65

77.08

  1. S-I Regionally independent, S-A Adjacent interconnections, S-C Continental interconnections, S-G Global interconnections.
  2. The values represent the average of all alternatives obtained through multi-objective optimization.