The bull case is solar and batteries are only going to get cheaper so the speed of the transition will increase.

* Australia's renewables generation increased from 13.7% in 2015 to 42.9% in 2025 [1]

* EIA: 99%+ of new US capacity in 2026 will be solar, wind + storage [2]

* Wind and solar overtake fossil power in the EU for the first time in 2025 [3]

1. https://explore.openelectricity.org.au/energy/nem/?range=all...

2. https://electrek.co/2026/01/28/eia-99-of-new-us-capacity-in-...

3. https://ember-energy.org/latest-insights/european-electricit...