1. Challenges of the Energy Transition
Problems related to energy consumption are exacerbated by the continuous growth in demand, which is rising in particular due to population growth. The world’s population is projected to rise from 8.1 billion in 2025 to approximately 9.7 billion in 2050, according to the UN’s median scenario .
Furthermore, per capita primary energy consumption rises as living standards improve. It is projected to increase from 1.7 toe (metric tons of oil equivalent – energy released by one metric ton of oil, or 41.8 GJ) to approximately 2.2 toe per capita per year by 2030, if current trends continue.
The number of vehicles worldwide, which stood...
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Challenges of the Energy Transition