What 'decarbonization'? The world will soon be burning 100 million barrels of oil per day - ess energy storage system

100 million.
This is a number that is overwhelmed with understanding;
It's more than regular jelly beans.
Pool size.
World oil consumption will reach 100 million barrels per day in a year.
Close to 100 million new Pistons at the same time
Shooting vehicles will be purchased by oil company
Thirsty customer
I don't want to say that, but any concept about the upcoming "energy transformation" or "low carbon" is stupid.
In fact, the proportion of fossil fuel in the world's energy structure
Coal, oil and gas
Still hovering over 80, this is the number that has not changed much in 30 years.
Despite the challenges of serious environmental policies, financial pressures, viable alternative systems, public awareness and social activities, this remains the case.
In fact, wind and solar energy are rapidly deploying at an exponential rate.
But what is impressive is that the installation of renewable energy is too slow to catch up with the stationary-
Strong demand for fossil fuel consumption
There is no morality for such energy obesity, but in a world with more than 7 billion people, it is a fact that needs to be acknowledged, and everyone wants more light, heat, mobility and a lot more
Oil and gas are growing particularly fast.
The recently released data reminds us that on a global absolute basis, we consume hydrocarbons faster than ever before (see Figure 1).
The market share of oil and gas is stable below 60.
According to the International Energy Agency, the world has spent $3 trillion on renewable energy over the past decade (Figure 2).
For this expenditure, the cleaning cadres took a few points from the coal, which is a black thing that seems to have nine lives (Figure 3).
This is an expensive calculus so far: some trillionsand-a-
Half a dollar just steals a percentage point of market share from a target that is easily infuriated.
Indeed, prices for renewable energy and electricity storage are falling rapidly.
In fact, this new technology is an inevitable future and a miracle.
As a result, trillions of dollars of capital in the future may buy more market share than weak rumors on the chart.
When new products easily beat the installed user base, there will be a meaningful "transformation ".
When the calculator is on the market, the use of slide rules quickly disappears.
In the energy world where renewable energy and electric vehicles are new entrants, calculators seem to be coming soon, but sliding rule sales also add to their presence.
For now, we are in an era of "energy diversity", and alternative energy sources for fossil fuels, especially renewable energy, are also growing --
Not at the cost-the incumbents.
To a large extent, the rigidity of the mechanism is due
The long-term cost of bringing joules energy to consumers from every source and system is falling.
In Western economies, various types of energy producers are innovating to reduce their environmental footprint and make their products cleaner.
Over the past few years, more and more people have accepted what I call plan a: "technology will facilitate the rapid demise of fossil fuels.
"Plan A doesn't work because all systems, including fossil fuels, can deploy technology to compete for market share.
However, crossing the 100 million threshold of anything, there is a worrying unsustainable.
Therefore, a new plan is needed, a naive plan that does not depend on excessive polarization of the energy system and believes that energy conversion is as simple as rolling out sliding rules.
We need Plan B, a narrative of the difficulty of accepting changes in the energy market.
This is a plan that will not confuse market share with sustainability and emissions reduction.
It is an inclusive, collaborative plan that recognizes that "all different energy types and stakeholders must be part of the solution. ”