The Troubled Energy Transition

Payne Institute Advisory Board member Atul Arya wrote this article with Daniel Yergin and Peter Orzag about how in 2024 global production of wind and solar energy reached record levels—levels that would have seemed unthinkable not long before. Over the past 15 years, wind and solar have grown from virtually zero to 15 percent of the world’s electricity generation, and solar panel prices have fallen by as much as 90 percent. February 25, 2025.