The fuel use data in the Exhibit below is very much a function of geology and the good and bad luck associated with it. The large hydrocarbon users' consumption patterns are a function of what they have – if you have a lot of coal, you use a lot of coal. The significant build-out of nuclear in France is partly because of Frances’ exceptional track record with the technology but also because the country does not have anything else to fall back on. Japan’s nuclear component was much higher before Fukashima. It is, however, worth noting the almost insignificant share of wind and solar anywhere, and then to put this into context with the collective ambitions, not just for 2050, but for the much shorter 2030 targets.
More Evidence To Suggest Material Shortages For Energy Transition
Nov 30, 2021 1:34:42 PM / by Graham Copley posted in ESG, Hydrogen, Coal, CCS, Renewable Power, Energy, hydrocarbons, natural gas, solar, wind, energy transition, energy sources, fossil fuels, nuclear, bioenergy, hydro, geothermal, material shortages