Not convinced

The Impact of High-Priced Oil on Solar Manufacturers

Oil accounts for about 5% of electricity supply in OECD countries, far less than Coal (38%), Nuclear (23%), Natural Gas (19%) and even renewables including hydro (15%), according to the IEA. Most of the new capacity coming online over the next couple of years will be coal, gas, and nuke, futher diminishing oil's share of electricity generation over time. So why is peak oil relevant to solar demand? Please explain.