Oil Peaks by 2025, Renewables Become ‘New Baseload’ by 2030 in Latest McKinsey Analysis
Lydia Jacobs/Public Domain Pictures This article first appeared on the https://climatenewsnet@theenergymix.com website By the Energy Mix Staff Oil demand could peak by 2025 as the global energy transition gains momentum, and renewable energy is on track to become “the new baseload” by 2030, according to this year’s edition of the Global Energy Perspective report [...]