Megatrend #1: Increasing Energy Demand ๐ย โ Primarily for Electricity (Transportation; Devices; Wealth)
- Income per capita (+)
- Technology development (+)
- Population growth (+)
Status Quo: Unsustainable Energy System (85% Fossil Fuels) โฝ๏ธ
https://ourworldindata.org/grapher/global-energy-substitution?country=~OWID_WRL
- 2009 โ Dip during economic crisis
Order of Importance: Oil; Coal; Gas | Nuclear; Hydro + New Renewables (Solar & Wind)
- Crude Oil โ Largest component since 1960 โ more recently slower
- Coal โ Recent acceleration in coal (emergence of India ๐ฎ๐ณย & China ๐จ๐ณ)
- Natural Gas โ growing rapidly
- main question: will it continue growing rapidly and surpass coal and/or oil?
- Nuclear โข๏ธ โ
- Hydro ๐ย โ
- New Renewables (growing rapidly but still starting at low base)
- Solar ๐
- Wind ๐จ
Varied Consumption by Regions: Asia (Coal); Middle East (Oil); Mountains (Hydro); Europe (Mix + Nuclear)
https://ourworldindata.org/grapher/primary-energy-source-bar?country=USA~CHN~CAN~IND~BRA~GBR~FRA~AUT~Europe~European+Union~DEU~GRC~ISR~MEX~North+America~South+%26+Central+America~OWID_WRL
๐ซ๐ทย France: 56 Nuclear Power Plants โ ~40% of Energy Supply
Source: https://cnpp.iaea.org/countryprofiles/France/France.htm#