And that is why electric is really untenable. It uses too many rare resources.
Now there is another technology that is gaining momentum that you should consider in your strategy - a different dose of reality because the train is nowhere near the station...
Fuel cells: every nation is developing it. Here is one excerpt from one small part of the globe.
Molten carbonate fuel cells are listed as a long-term step Canadian Natural intends to pursue in its effort to become a net-zero oilsands producer, alongside efforts to change the way it mines bitumen and turning captured carbon into products like carbon fibre, plastic and asphalt.
Research and Markets expects molten carbonate fuel cells to grow around 21 per cent annually till 2027 to reach 207.9 megawatts.
“China, the world’s second largest economy, is forecast to reach a projected market size of 37.2 MW by the year 2027 trailing a CAGR of 20.6 per cent over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2 per cent and 17 per cent respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1 per cent,” Research & Markets stated.
