Creating the balanced energy transition the world requires

Creating the balanced energy transition the world requires

The International Energy Agency's World Energy Outlook 2019 projects that future energy consumption in developed countries will decline, but that total primary energy consumption will increase substantially, led by developing countries. These countries are limited in developing infrastructure that is needed for renewable energy because developing such infrastructure is costly and generates low returns. The increasing energy needs of developing countries and the limitations in funding and developing infrastructure means these countries have to rely on energy with a high density — primarily oil and gas.Energy density is essential in understanding the context of our energy future. It allows us almost endless opportunities in the advancement of a modern lifestyle. The energy density of gasoline is roughly seven times that of a lithium battery. Even with rapid technological change, the