Did you know that Brazil has been leading Latin America in solar panel purchases? 🤔
Source: Markets & Mayhem
While renewables energy have been a bug disappointment for investors over the last few years, long-term forecasts for offshore wind capacity remain quite attractive.
Growth still remains strong at 22% CAGR until 2030, 11% CAGR between 2030 and 2040 and 5% CAGR between 2040 and 2050. In the next 12 months, more than 80GW of auctions will be started or concluded globally. Source: Bernstein, TME
The EV Impact on Oil Consumption by E`LEMENTS / Visual Capitalist As the world moves towards the electrification of the transportation sector, demand for oil will be replaced by demand for electricity
To highlight the EV impact on oil consumption, the above infographic shows how much oil has been and will be saved every day between 2015 and 2025 by various types of electric vehicles, according to BloombergNEF. Link to full article: https://lnkd.in/eYm5iJ8d
Bank of America research:
"Industry research suggests that, after accounting for efficiency, storage needs, the cost of transmission, and other broad system costs, nuclear power plants are one of the least expensive sources of energy." Source: BofA Global Research, Gustavo Philippsen Fuhr
What powered the world in 2022
Source: Elements
Tesla holds the undisputed leadership position among #electriccar companies based on market capitalization
Tesla holds the undisputed leadership position among electric car companies based on market capitalization. However, this year, BYD has surpassed Tesla to become the world's top-selling EV brand. Source: Genuine Impact
