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Visualizing The History of Energy Transitions
Visualizing The History of Energy Transitions
MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
ENERGY
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18/10/23, 14:40 Visualizing the History of Energy Transitions
MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
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18/10/23, 14:40 Visualizing the History of Energy Transitions
MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
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These changes were driven by innovations like the steam engine, oil lamps, internal combustion
engines, and the wide-scale use of electricity. The shift from a primarily agrarian global economy
to an industrial one called for new sources to provide more efficient energy inputs.
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The current energy transition is powered by the realization that avoiding the catastrophic effects
of climate change requires a reduction in greenhouse gas emissions. This infographic provides
historical context for the ongoing shift away from fossil fuels using data from Our World in Data
and scientist Vaclav Smil.
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18/10/23, 14:40 Visualizing the History of Energy Transitions
Before the Industrial Revolution, people burned wood and dried manure to heat homes and cook
Visualizing the History of Energy Transitions
food, while relying on muscle power, wind, and water mills to grind grains. Transportation was
aided by using carts driven by horses or other animals.
MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
In the 16th and 17th centuries, the prices of firewood and charcoal skyrocketed due to shortages.
These were driven by increased consumption from both households and industries as economies
grew and became more sophisticated.
Consequently, industrializing economies like the UK needed a new, cheaper source of energy.
They turned to coal, marking the beginning of the first major energy transition.
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As coal use and production increased, the cost of producing it fell due to economies of scale.
Simultaneously, technological advances and adaptations brought about new ways to use coal.
The steam engine—one of the major technologies behind the Industrial Revolution—was heavily
reliant on coal, and homeowners used coal to heat their homes and cook food. This is evident in
the growth of coal’s share of the global energy mix, up from 1.7% in 1800 to 47.2% in 1900.
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18/10/23, 14:40 Visualizing the History of Energy Transitions
In 1859, Edwin L. Drake built the first commercial oil well in Pennsylvania, but it was nearly a
Visualizing the History of Energy Transitions
century later that oil became a major energy source.
Similarly, the invention of the Bunsen burner opened up new opportunities to use natural gas in
households. As pipelines came into place, gas became a major source of energy for home heating,
cooking, water heaters, and other appliances.
Year Coal % of Energy Mix Oil % of Energy Mix Natural Gas % of Energy Mix
Coal lost the home heating market to gas and electricity, and the transportation market to oil.
Despite this, it became the world’s most important source of electricity generation and still
accounts for over one-third of global electricity production today.
Here’s how the share of renewables in the global energy mix changed over the last two decades:
2005
2010
8.7%
7.7%
6.5%
7.7%
79.4%
79.9%
5.4%
4.7%
2015 6.9% 9.2% 79.9% 4.0%
In the decade between 2000 and 2010, the share of renewables increased by just 1.1%. But the
growth is speeding up—between 2010 and 2020, this figure stood at 3.5%.
Furthermore, the current energy transition is unprecedented in both scale and speed, with
climate goals requiring net-zero emissions by 2050. That essentially means a complete fade-out of
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18/10/23, 14:40 Visualizing the History of Energy Transitions
fossil fuels in less than 30 years and an inevitable rapid increase in renewable energy generation.
Visualizing the History of Energy Transitions
Renewable energy capacity additions were on track to set an annual record in 2021, following a
record year in 2020.
MARKETS Additionally,
TECHNOLOGY MONEYglobal energy transition
HEALTHCARE ENERGY MAPSinvestment
MINING hit a record
GREEN of $755
FEATURED billion
COMPANIES CREATOR
in 2021.
However, history shows that simply adding generation capacity is not enough to facilitate an
energy transition. Coal required mines, canals, and railroads; oil required wells, pipelines, and
refineries; electricity required generators and an intricate grid.
RELATED TOPICS: # History # Oil # Energy # Coal # Gas # Renewables # Biomass # Fossil Fuels # Transition
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MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
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MARKETS TECHNOLOGY MONEY HEALTHCARE ENERGY MAPS MINING GREEN FEATURED COMPANIES CREATOR
The cost of an electric vehicle (EV) battery pack can vary depending on composition and
chemistry.
In this graphic, we use data from Benchmark Minerals Intelligence to showcase the
different costs of battery cells on popular electric vehicles.
Size Matters
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