IEA versus the reality of solar PV

Last week, the IEA published its World Energy Outlook (WEO) 2018. Even in its low ball scenario, it imagines that installed solar PV capacity will overtake that of all other forms of energy apart from a gas by 2040. Which, if you ignore the predicted continued dominance of oil, coal, and gas, is good news. That is until you look at its baseline scenario the New Policy Scenario where the agency predicts that between now and 2035, PV demand will steadily decline, with just 90 GW of new capacity being installed annually by this date. It is, at least, expected to resume growth again after this point in time.