The whole world seems to be power-hungry at this moment. Imo, the trend will continue. Even if we keep our energy consumption unchanged, the mode of consumption is tilting to electricity. If we need 50% electrification by 2050 we need 2.5X more power and this is without taking into account power guzzlers like data centers and desalination plants
The whole world seems to be power-hungry at this moment. Imo, the trend will continue. Even if we keep our energy consumption unchanged, the mode of consumption is tilting to electricity. If we need 50% electrification by 2050 we need 2.5X more power and this is without taking into account power guzzlers like data centers and desalination plants
Agreed, quite interesting data points. Lots of investments need to follow, especially in India.