Heliocentrism: Objects may be further away than they appear
Eye on the Market, March 4, 2025: 15th Annual Energy Paper
Solar capacity is booming around the world, both utility scale and residential applications, and is often accompanied by energy storage whose costs are declining as well. ?Yet after $9 trillion globally over the last decade spent on wind, solar, electric vehicles, energy storage, electrified heat and power grids, the renewable transition is still a linear one; the renewable share of final energy consumption is slowly advancing at 0.3% - 0.6% per year. ?Our 15th annual energy paper covers the speed of the transition, electrification, the changing planet, the high cost of decarbonization in Europe, nuclear power, the Los Angeles fires, Trump 2.0 energy policies, renewable aviation fuels, superconductivity, methane tracking and the continually wilting prospects for the hydrogen economy.
Michael Cembalest, JP Morgan Asset Management
Director and Board member at ITC - Instituto de Tecnologia Canavieira: Biofuels, Renewable Energy Bioprocess Engineering
2 天前It is fantastic! Having also the comments of my guru Vaclav Smil!! Thanks a lot for the publication!
Market Manager Research and Analysis + Combustion Engines Emissions, Regulations and Gases Specialist
3 天前Excellent work Michael, very informative and useful also for non experts. Impressive!
Head, Global Alternatives and TIG, BTG Pactual
3 天前Your paper is always the best - and I appreciate your highlighting some of the root causes of the California wildfires in particular. Our group wrote about some of these same factors (from a perspective of owning timberland assets in the state, historically) a few years back as well.
Managing Partner at Ascent Energy Ventures
4 天前Excellent report. Well researched and written.
Fractional CFO | Business Value Growth for SMBs
4 天前One of your best. File under “inconvenient truths”.