By 2050: solar PV generation costs plunge below 0.5 cents per kWh in optimal geographic locations; below 1 cent per kWh across vast majority of globe; even in poorest-irradiance/highest-regulatory-burden regions costs not exceeding 1.5 cents per kWh. 2...
Predictor: Ramez Naam
Prediction text
By 2050: solar PV generation costs plunge below 0.5 cents per kWh in optimal geographic locations; below 1 cent per kWh across vast majority of globe; even in poorest-irradiance/highest-regulatory-burden regions costs not exceeding 1.5 cents per kWh. 2026-2031 window is steepest cost-curve descent. | Next auction-round sub-2c/kWh clearing price
Key catalyst: Next auction-round sub-2c/kWh clearing price
Watch events: Optimal-zone utility-scale solar LCOE crossing 1.5c/kWh
Resolution evidence
Current utility-scale solar LCOE ~2-4 cents/kWh in optimal zones; Wright curve extrapolation supports sub-cent by 2045-2050.
Predictor: Ramez Naam
Evidence about this node from Ramez Naam is multiplied by κ in /api/intake. Lower κ = less weight; floors at 0.10 (effectively silenced) and caps at 1.00 (full weight).
Reference class
This node isn't linked to a reference class. The Bayesian update applies without outside-view blending.
Probability over time
Milestone chain
- 2026-01-01 → 2029-12-31pendingUtility-scale solar PPA clears below 2.0 cents/kWh in major Middle East/India auction (sub-2c milestone)How: ACWA Power, Masdar, NTPC, or comparable auction in Saudi Arabia/UAE/India clears utility-scale solar PPA at <0.020/kWh (latest cleared near 0.013-0.0167/kWh in Saudi 2021/2024)Source: https://www.pv-magazine.com/2020/05/19/sunny-regions-could-see-one-cent-solar-within-a-decade/conf 70%
- 2027-01-01 → 2030-12-31pendingGlobal cumulative solar PV installed capacity crosses 5 TWHow: IEA Renewables report or BloombergNEF NEO confirms global cumulative installed solar PV >=5,000 GW (was ~2 TW in 2024)Source: https://www.iea.org/reports/renewables-2025conf 70%
- 2027-01-01 → 2035-12-31pendingDNV/IEA/BNEF mid-century LCOE solar forecast revised downward below $0.015/kWhHow: Major energy outlook (DNV Energy Transition Outlook, IEA WEO, BNEF NEO) publishes 2050 global average solar LCOE forecast <0.015/kWh (DNV at 0.021/kWh in 2023)Source: https://www.pv-magazine.com/2023/10/11/solar-pv-lcoe-expected-to-slide-to-0-021-kwh-by-2050-dnv-says/conf 60%
- 2028-01-01 → 2035-12-31pendingFirst sub-1.0 cent/kWh utility-scale solar PPA cleared anywhere globallyHow: Any utility-scale (>50 MW) solar PPA or auction publicly clears at <0.010/kWh unsubsidized in optimal-irradiance jurisdictionSource: https://rameznaam.com/2020/05/14/solars-future-is-insanely-cheap-2020/conf 55%
- 2032-01-01 → 2045-12-31pendingCascade: Solar exceeds 50% of electricity generation in any G7 country for full calendar yearHow: Ember/IEA national electricity mix data shows solar >=50% of total annual electricity generation in any G7 country (US, UK, Germany, France, Italy, Japan, Canada)Source: https://about.bnef.com/insights/clean-energy/progress-despite-fragmentation-the-energy-transition-to-2030/conf 45%
- 2050-03-02pendingQ1 window check-in (25%)
- 2050-05-01pendingQ2 window check-in (50%)
- 2050-06-30pendingQ3 window check-in (75%)
No downstream cascades — this prediction is a leaf in the dependency graph.
What if this resolves?
Click a button to clamp this prediction and run a Gibbs sample. Returns the predictions whose marginals shift most. ~30s per run; ideal for stress-testing "if X resolves, what else moves?"
Evidence chain
No probability history yet. The first evidence will arrive via /api/intake or the daily milestone sweep / weekly LBP run.
Network propagation neighbors
No propagation data yet. Run inference/.venv/bin/python scripts/ops/run_loopy_belief_propagation.py on the droplet, or wait for the Sunday 02:00 UTC weekly cron.
Ticker exposure
Beneficiaries (19)
Prerequisites (0)
| Type | Pred | Title | Domain | Lag |
|---|---|---|---|---|
| No prerequisites | ||||
Dependents (0)
| Type | Pred | Title | Domain | Lag |
|---|---|---|---|---|
| No dependents | ||||
Linked documents (3)
| Sim | Source | Title | Market prob | Polarity | Reviewed | Published |
|---|---|---|---|---|---|---|
| 0.615 | manifold | Will Nord Pool 2027 system price annual average exceed €45/MWh? | 50% | mentions | pending | 2026-05-04 |
| 0.584 | manifold | Will the US average gas price fall below $4.00 in June 2026? | 24% | mentions | pending | 2026-05-31 |
| 0.572 | manifold | Will the US average gas price fall below $4.00 in May 2026? | 11% | mentions | pending | 2026-04-30 |
Raw metadata
{
"nia": false,
"qty": "<0.5c-1.5c/kWh LCOE",
"mode": "FORECAST",
"role": "Cited-Other",
"context": "Second Naam entry. Specific long-horizon LCOE target distinct from near-term 33% framing.",
"to_year": 2050,
"conv_cues": "specific cost range; geographic stratification",
"direction": "NUMERIC_TARGET",
"from_year": 2050,
"timeframe": "by 2050",
"conv_level": "HIGH",
"milestones": [
{
"kind": "llm_pre_event",
"label": "Utility-scale solar PPA clears below 2.0 cents/kWh in major Middle East/India auction (sub-2c milestone)",
"source": "https://www.pv-magazine.com/2020/05/19/sunny-regions-could-see-one-cent-solar-within-a-decade/",
"status": "pending",
"weight": 0.4,
"ordinal": -8,
"source_id": null,
"confidence": 0.7,
"expected_date": "2028-01-01",
"research_origin": "training",
"expected_date_range": {
"to": "2029-12-31",
"from": "2026-01-01"
},
"measurement_criterion": "ACWA Power, Masdar, NTPC, or comparable auction in Saudi Arabia/UAE/India clears utility-scale solar PPA at <0.020/kWh (latest cleared near 0.013-0.0167/kWh in Saudi 2021/2024)"
},
{
"kind": "llm_pre_event",
"label": "Global cumulative solar PV installed capacity crosses 5 TW",
"source": "https://www.iea.org/reports/renewables-2025",
"status": "pending",
"weight": 0.4,
"ordinal": -7,
"source_id": null,
"confidence": 0.7,
"expected_date": "2028-12-31",
"research_origin": "training",
"expected_date_range": {
"to": "2030-12-31",
"from": "2027-01-01"
},
"measurement_criterion": "IEA Renewables report or BloombergNEF NEO confirms global cumulative installed solar PV >=5,000 GW (was ~2 TW in 2024)"
},
{
"kind": "llm_pre_event",
"label": "DNV/IEA/BNEF mid-century LCOE solar forecast revised downward below $0.015/kWh",
"source": "https://www.pv-magazine.com/2023/10/11/solar-pv-lcoe-expected-to-slide-to-0-021-kwh-by-2050-dnv-says/",
"status": "pending",
"weight": 0.4,
"ordinal": -6,
"source_id": null,
"confidence": 0.6,
"expected_date": "2031-07-02",
"research_origin": "training",
"expected_date_range": {
"to": "2035-12-31",
"from": "2027-01-01"
},
"measurement_criterion": "Major energy outlook (DNV Energy Transition Outlook, IEA WEO, BNEF NEO) publishes 2050 global average solar LCOE forecast <0.015/kWh (DNV at 0.021/kWh in 2023)"
},
{
"kind": "llm_pre_event",
"label": "First sub-1.0 cent/kWh utility-scale solar PPA cleared anywhere globally",
"source": "https://rameznaam.com/2020/05/14/solars-future-is-insanely-cheap-2020/",
"status": "pending",
"weight": 0.4,
"ordinal": -5,
"source_id": null,
"confidence": 0.55,
"expected_date": "2031-12-31",
"research_origin": "training",
"expected_date_range": {
"to": "2035-12-31",
"from": "2028-01-01"
},
"measurement_criterion": "Any utility-scale (>50 MW) solar PPA or auction publicly clears at <0.010/kWh unsubsidized in optimal-irradiance jurisdiction"
},
{
"kind": "llm_post_event",
"label": "Cascade: Solar exceeds 50% of electricity generation in any G7 country for full calendar year",
"source": "https://about.bnef.com/insights/clean-energy/progress-despite-fragmentation-the-energy-transition-to-2030/",
"status": "pending",
"weight": 0.4,
"ordinal": -4,
"source_id": null,
"confidence": 0.45,
"expected_date": "2038-12-31",
"research_origin": "training",
"expected_date_range": {
"to": "2045-12-31",
"from": "2032-01-01"
},
"measurement_criterion": "Ember/IEA national electricity mix data shows solar >=50% of total annual electricity generation in any G7 country (US, UK, Germany, France, Italy, Japan, Canada)"
... (truncated)