💤 𝗡𝗲𝘁𝘇𝗲𝗿𝗼? 𝗪𝗵𝗲𝗻? 💤
Sometimes we forget: the green transition involves electrifying sectors that use fossil-fuels (by definition) Maybe if electrical energy was abundant and cheap, not 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗲𝘅𝗽𝗲𝗻𝘀𝗶𝘃𝗲 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱, we would move quicker.
At current pace, its not even happening in your lifetime. Based on a *current* trajectory, full electrification of the All-Island Heat and Transport sectors would not be completed until the year 2133
• Target All-Island H&T Demand: 40.0 TWh electrical
• Current H&T Demand Achieved (to 2026): ~2.5 TWh
• Remaining Gap to Electrify: 37.5 TWh
• Actual Linear Growth Rate: 0.35 TWh / yr
🚘 >100,000 EVs registered / yr
🚿 >40,000 heat pumps installed /yr
• Time to Completion: 37.5 divided by 0.35 = 𝟭𝟬𝟳 𝘆𝗲𝗮𝗿𝘀
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