The rise of electric vehicle power demand
Posted by Big Gav in electric vehicles, energy storage
The recent Bloomberg report on peak fossil fuel consumption was based on data in the latest BNEF New Energy Outlook.
Another snippet of interesting information that I didn't note in the earlier post is the estimates for rising electrical power demand due to the switch from oil fuelled vehicles to electric powered vehicles - BNEF estimates that the rise of electric vehicles will add over 2,700TWh of power demand to 2040.