It had to come, and it is coming. Silicon Valley is suddenly discovering that renewables are the next big thing, a new "killer app" poised to sweep the market and eliminate the obsolete, dirty, and uneconomic fossil fuels. Up to now, Silicon Valley's venture capitalists and entrepreneurs had been snubbing renewable energy. The common idea was that all killer apps are software. They are new fads on social media: things like Zuckerberg's "Meta," that nobody know what it is, but it is supposed to be something, Virtual, in any case.
But no, a killer app doesn't need to be purely virtual. Before the fashion of web things, the innovations that swept the market were not virtual. Think about that: personal computers, cell phones, even the Internet is not virtual, it is a real network of cables and connections. But it doesn't matter if a product is virtual or not. The important thing is the dynamics of the system. Things sold in a market are part of a system you may call CAS (complex adaptive system). These systems are subjected to rapid growth and rapid collapse as well. It is the way of the feedbacks. Positive feedback can generate a virtual killer app, or it can affect a pretty real product that sweeps the market and kicks out the competition.
This is a point that Silicon Valley types (who don't need to reside in Silicon Valley) understand very well: the secret of positive feedback is economies of scale (you can say that a product "scales"). What scales, grows. Which is what renewables are doing right now. They are scaling, generating the feedback that pushes them to grow.
Renewables as a disruptive and growing technology is hardly the way they are described in the mainstream debate. Most people see renewable energy as little more than a toy for "greens", even the most optimistic ones see them as something that may help us, but they are so limited that they will help us only if we accept to become abjectly poor. And that, unfortunately, seems to be exactly what we are facing, especially if we accept a condition described in Newspeak with the term "saving energy." We'll be happy and own nothing. Sure! After all, who needs to eat to be happy? The brains of the people who think that fossils are indispensable are fossils, too.
Now, be careful. I am not telling you that we face a bright future that includes flying cars and weekends on the Moon, as it was the use in the 1950s. Not at all. What the pessimists say is not wrong. It is true that the fossils fuels are running out, that the climate is going to hell (almost literally), that the planet is overcrowded and, in addition, that instead of trying to do something useful, we rather enjoy playing the game of war. Homo sapiens (?), Yeah, sure....
What I am telling you is that the future will be different, disruptive, and rapidly changing. If you emphasize negative feedbacks, then you see imminent collapse -- which is in fact inevitable for all fossil fuel-based technologies, including that meta-technology we call "Industrial Economy". If you instead emphasize positive feedback instead, you see how renewable energy is on the verge of wiping out all the old energy technologies, generating a whole new set of technologies. That will include a new meta-technology that perhaps we will continue to call "The Economy" but which will be completely different from the current one. Yes, the world will be different. Very different.
The beauty of the situation is that the future is determined by these strongly non-linear feedback factors: at the same time we face enormous risks, but also fantastic opportunities. If the negative feedbacks win, it is the "Seneca Effect" ("growth is sluggish, but ruin is rapid"). If, instead, the positive feedbacks win, it will be the "Anti-Seneca Effect" ("ruin is sluggish, but growth is rapid").
This is the Seneca Curve, you probably know it already:
Then, take a look at the "Anti-Seneca" curve. It is the opposite
So, the positive feedbacks associated with renewable energy are giving us a unique opportunity in the history of humanity. We are facing one of those disruptive transitions that change everything, but it is not automatic that it will take place. We could collapse so quickly that there won't be time for renewable energy to develop to the point where it stands on its own. Or, we could remain so tenaciously attached to fossils that the transition to renewables is impossible, using for example bureaucratic, legal, etc.obstacles. Or climate change could sweep away human beings from this planet. But overall, there are good reasons to be optimistic. At least we have a fighting chance to avoid returning to the Stone Age!
To go more in depth into this subject, I suggest to you two documents. The first is an article by Tsung Xu, "A Guide to the Clean Energy Transition." It is a monumental work that examines many details of the renewable transition. One of its several good things is the dynamic view. Maybe you'll find it a little too optimistic and, indeed, the future is always full of surprises. But the article is correct, clear, comprehensive, and it includes an absolutely spectacular bibliography.
The other article that I suggest to you is "Rethinking Climate Change" by James Arbib, Adam Dorr, and Tony Seba. It is another well documented study that also has a clear dynamic perspective of how things can grow in complex systems.
If you want to learn more, there are also several academic papers published in academic journals. There is one that myself and several colleagues are working on that has been recently submitted to the "IEEE Access" journal. Sorry that I can't share it yet, we have to wait for the definitive version. Coming in no more than a couple of months.