World & BusinessElectricity could meet a third of global energy consumption by 2035
Semafor reports that existing technologies could supply that share cost-effectively at pre-war energy prices.
TLDR
Electricity could cost-effectively meet a third of the world’s energy consumption by 2035 using existing technologies and pre-war energy prices, Semafor reports. The outlet says high energy prices caused by the Middle East conflict could make even more of today’s energy demand economical to electrify.
Electricity could meet a third of global energy consumption by 2035
Semafor reports that existing technologies could supply that share cost-effectively at pre-war energy prices.
TLDR
Electricity could cost-effectively meet a third of the world’s energy consumption by 2035 using existing technologies and pre-war energy prices, Semafor reports. The outlet says high energy prices caused by the Middle East conflict could make even more of today’s energy demand economical to electrify.