Transition to Electric Car Endeavours
Posted: July 8th, 2018, 8:46 am
The "Musk Endeavours" topic is an odd mix of discussion about global energy switch to electric and battery, stuff specific to Tesla car introductions, and all sorts of other stuff Elon is up to.
Hope it is helpful to tease out at least one strand into a separate topic.
Link to Shell Energy Transition report:
https://www.shell.com/energy-and-innova ... report.pdf
This is worth a read if you are either interested in Shell as a long term investment, or as a backdrop to the whole topic of energy transition.
The report describes 3 different scenarios, with the most rapid transition, named "Sky", describing a world where electricity, accounting for 18% of energy usage today, moves up to 50% by 2060. In this scenario, half of all passenger vehicles sold will be electric by 2030 (100% in China and W.E.), and it will not be possible to buy an ICE powered vehicle by 2050.
It does point out that the rate of uptake of Electric Vehicles is limited by the investment required to put the infrastructure in place in parts of the world like India and Africa. It reminds you that of a population of 7bn today, 1.1bn do not have access to electricity networks, and 3bn still use solid fuel (firewood and dung) for cooking and heating.
Hope it is helpful to tease out at least one strand into a separate topic.
Link to Shell Energy Transition report:
https://www.shell.com/energy-and-innova ... report.pdf
This is worth a read if you are either interested in Shell as a long term investment, or as a backdrop to the whole topic of energy transition.
The report describes 3 different scenarios, with the most rapid transition, named "Sky", describing a world where electricity, accounting for 18% of energy usage today, moves up to 50% by 2060. In this scenario, half of all passenger vehicles sold will be electric by 2030 (100% in China and W.E.), and it will not be possible to buy an ICE powered vehicle by 2050.
It does point out that the rate of uptake of Electric Vehicles is limited by the investment required to put the infrastructure in place in parts of the world like India and Africa. It reminds you that of a population of 7bn today, 1.1bn do not have access to electricity networks, and 3bn still use solid fuel (firewood and dung) for cooking and heating.