- Feb 25, 2018 2:09 am GMT
- 314 views
This post attempts to predict which countries will dominate energy markets in the future, given the changing mix and composition of fuels. That future, of course, is still some away because coal and oil still slake the world's thirst for energy. Chile is expected to become a major energy player because of its substantial reserves of lithium. China and United States have huge reserves of copper. But it is unlikely that we will see a cartel like OPEC form in the renewable energy sector, given past experience. There is also the question of whether supplies will necessarily determine a region's capability to exert influence energy prices. (This post does not cover that angle). For example, solar energy traction is dependent not on supplies but on improvements on existing technology.