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Statistics | Macro Analysis

@datatistic

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📈Love for data & statistics
📊Understand current market trends
🌍 Unbiased Positions

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Despite significant investments in solar and wind technologies over the past decade, the world continues to heavily rely on coal, natural gas, and oil for primary energy. Some reasons:
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1. Legacy Infrastructure: The existing infrastructure of coal power plants and oil refineries poses a challenge to the widespread adoption of renewable energy, requiring substantial investments and time for replacement.
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2. Intermittency and Storage Challenges: Solar and wind energy's intermittent nature and the need for effective storage solutions hinder their widespread use, as they depend on weather conditions and lack cost-effective large-scale storage options.
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3. Cost Competitiveness: While the cost of solar and wind technologies has decreased, they still struggle to match the cost efficiency of fossil fuels due to the optimized processes and infrastructure of the fossil fuel industry.
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4. Baseload Power Requirements: Certain industries like heavy manufacturing and long-haul transportation require dense and reliable energy sources, posing challenges for renewable alternatives such as biofuels or green hydrogen.
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Nevertheless, the solution has always been Thorium and Nuclear. Just a shame these techs were not developed at their full potential.
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#nuclearenergy #renewableenergy #oilandgas by @datatistic

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3 years ago

Thoughts? 💭 💭
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#war #geopolitics by @datatistic

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3 years ago

Off course a lower base level in Canada exacerbates the results.
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Nevertheless, Canada receiving 1 mill people last year and Netherlands accepting almost half a million are sizable numbers respect to their current populations.
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#globaltrends #populationgrowth #stats by @datatistic

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3 years ago

How to stop this?
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#deforestation #deforestación by @datatistic

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3 years ago

The power of automation.
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#automation #tech by @datatistic

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3 years ago

Thoughts? 💭💭 by @datatistic

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3 years ago

A market once dominated by Apple, now by Spotify.
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#musicindustry #dataviz by @datatistic

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3 years ago

Best market to invest in the next 10 years?
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#stockmarkets #stockmarketindia #mumbaistockexchange by @datatistic

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3 years ago

Baby Boomer 💣🫡
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#stockmarket #stockmarketanalysis by @datatistic

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3 years ago

Short Eggs 🥚🍳
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#inflation #economics by @datatistic

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3 years ago

Which county offers the best price/quality ratio for good summer vacations?
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#tourism #visitportugal by @datatistic

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3 years ago

Most innovative company in the next years?
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#innovation #startups by @datatistic

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3 years ago