Schernikau newsletter: global electricity demand keeps growing
Summary excerpt from an energy reality newsletter from Lars Schernikau
I don’t have a link to the emailed newsletter, so I linked to his blog instead.
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“… Global electricity demand continues to grow, driven not only by economic development but increasingly by digitalisation, artificial intelligence and data centres, who’s electricity demand grew by around 20% over the past year.
Meeting that demand will require much more than a couple of solar panels and wind turbines.
Instead we are seeing coal, oil and natural gas supporting much of the global economy, as they remain essential not only for electricity generation in many regions, but also for transport, industry, manufacturing and the production of many of the materials needed to build the energy system of the future.
Perhaps that is the most important message I took away from this year’s “Statistical Review” …
● We should not be aiming to replace one source of energy with another, we should focus more on expansion.
● The challenge is therefore not deciding which technology should win, but how we build an energy system that remains reliable, affordable, secure and environmentally responsible as the world’s need for energy continues to grow. …”
