Visualizing The Global Transition to Green Energy
A fully green future could be closer than you think. With each passing year, the steadily declining price of renewable energy makes it increasingly competitive against fossil fuels.
Today’s infographic from Raconteur breaks down the material shift towards renewable energy, and where in the world it’s taking place.
Time to go green
A recent United Nations report estimates that renewables must make up 70% to 85% of electricity by 2050 to combat the dire effects of climate change.
The good news? Embracing renewable energy is becoming easier on the wallet. Most renewable energy sources are becoming cheaper and quicker to produce, and it’s speeding up widespread adoption.
|Cost of electricity per energy source ($ per KWh)||2010||2017|
|Concentrating solar power||$0.33||$0.22|
The price of solar photovoltaic cells are projected to dip dramatically over this seven-year period, as solar panel infrastructure moves away from being an experimental technology, and into a trusted energy source easily replicated at scale. Solar also received the most new investment by energy type in 2017, up 18% from the previous year.
Of course, it won’t happen overnight. Even as the world continues to electrify, coal will still make up almost one-third of the world’s energy mix in 2040, while renewables will only be at 25%.
Nevertheless, concentrated efforts to curb our reliance on coal are signals that the fossil fuel is on its way out, and new investment in green energy sources is on the rise in most regions.
The Renewables Race
It’s perhaps not surprising that China is leading the change in renewable growth. The nation tops the list of spenders, spending more on green energy than the United States and Europe combined.
|New Investment by Region||2016 ($ billion)||2017 ($ billion)||% Change|
|Other Asia and Oceania||$35.7||$31.4||-12%|
|Middle East & Africa||$9||$10.1||11%|
In places where a consistent and reliable source of energy is hard to come by, people are looking to clean energy as a way to leapfrog ahead of using the carbon-intensive electricity grid entirely.
Take Ethiopia for example: the $4 billion Grand Ethiopian Renaissance Dam (GERD) project along the Nile River will help meet the area’s rising energy demands. Once completed, it will be the largest dam on the continent and generate around 6,450 MW of power.
This trifecta of innovation, investment, and falling costs could be the answer to bolstering renewable energy infrastructure for decades to come – and it will be interesting to see the ultimate pace at which green energy supply comes online, and what that means for the world.
Animation: The Entire History of Tesla in 5 Minutes
Everything you need to know about the history of Tesla, including Elon Musk’s vision for the future of the iconic electric car company.
How did Tesla accelerate from 0-60 mph in such a short period of time?
Today’s five-minute-long animation is presented in association with Global Energy Metals, and it tells you everything you need to know about the history of Tesla, including Elon Musk’s vision for the future of the iconic electric car company.
Watch the video:
The video primarily keys in on Tesla’s successes and the setbacks the company has faced along the way – it also shows that Tesla was able to pass Ford in market value just seven years after the company’s IPO.
The Rise of Tesla Series
The above video is the culmination of our Rise of Tesla Series, which also includes three full-length infographics that tell a more in-depth story about the history of Tesla, and what the company aspires to:
1. Tesla’s Origin Story (View infographic)
- What was the vision behind the founding of Tesla?
- Early hurdles faced by the company, including its near escape from the brink of bankruptcy
- Elon Musk’s takeover of the company, and the dramatic actions taken to keep it alive
- A timeline showing the development of the Roadster, and why this first car matters
2. Tesla’s Journey: How it Passed Ford in Value (View Infographic)
- The company’s plan to parlay the Roadster’s success into a viable long-term company strategy
- Introducing the Tesla Model S and Model X
- How the company would use the Gigafactory concept to bring economies of scale to battery production
- Other milestones: Powerwall, Autopilot, and Tesla’s growing Supercharger network
- The announcement of the Model 3
3. Elon Musk’s Vision for the Future of Tesla (View Infographic)
- Detailing Tesla’s ambitions for the future, including how it plans to productize the factory
- Other vehicles Tesla plans to release, including the Tesla Semi and a future ultra low cost model
- How Tesla plans to combine fully autonomous cars with the future sharing economy
- Exploding demand for lithium-ion batteries, and why Tesla is planning on building additional Gigafactories
How Much Copper is in an Electric Vehicle?
Have you ever wondered how much copper is in an electric vehicle? This infographic shows the metal’s properties as well as the quantity of copper used.
How Much Copper is in an Electric Vehicle?
Copper’s special relationship with electricity has been apparent since ship designers first regularly began installing copper to protect the masts of wooden ships from lightning in the early 19th century.
Today, of course, you might be more used to seeing copper’s electrical applications through the use of power lines, telephone wires, and wiring in practically every major home appliance you own.
Millions of tons get used for these applications every year, but it is still early days for copper’s use in electrification. That’s because copper will continue to be a critical component of the green energy revolution, thanks to the rising adoption of battery-powered vehicles.
Today’s visualization comes to us from Canadian Platinum Corp., and it focuses on showing how much copper is in an electric vehicle, along with the properties that make it the ideal choice for an EV-powered future.
Here is why copper is a crucial component to vehicle manufacturers:
Copper costs roughly $0.20 per ounce, compared to silver ($15/oz) and gold ($1200/oz), making it by far the cheapest option for electrical wire.
Copper is nearly as conductive as silver – the most conductive metal – but comes at a fraction of the cost.
Copper can easily be shaped into wire, which is important for most electrical applications.
It’s also important to note that temperature does not affect copper’s conductivity, which makes the metal ideal for automobiles in all climates.
Copper in Gas vs. Electric Vehicles
The UBS Evidence Lab tore apart a traditional gas-powered vehicle as well as an EV to compare the different quantities of raw materials used.
What they found was crucial: there is 80% more copper in a Chevrolet Bolt, in comparison to a similar-sized Volkswagen Golf.
The major reason for this is that at the heart of every EV is an electric motor, which is built with copper, steel, and permanent magnets (rare earths). Electric motors tend to be much simpler than gas-powered engines, which have hundreds of moving parts.
Incredibly, in an electric motor, there can be more than a mile of copper wiring inside the stator.
The More Electric, the More Copper
According to Copper.org, along the scale from gas-powered cars to fully electrical vehicles, copper use increases dramatically.
Conventional gas-powered cars contain 18 to 49 lbs. of copper while a battery-powered EV contains 183 lbs. Meanwhile, for a fully electrical bus, a whopping 814 lbs. of copper is needed.
With the rapidly increasing adoption of electric vehicles, copper will be an essential material for the coming electrification of all forms of ground transport.
Copper is at the heart of the electric vehicle and the world will need more. By 2027, copper demand stemming from EVs is expected to increase by 1.7 million tonnes, which is a number just shy of China’s entire copper production in 2017.
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