Invest in Energy Metals to Profit from Coming Electrification Revolution
Electricity demand growth rate could double with adoption of electric vehiclesRenewables led the growth in power production to fuel the consumptionMetals such as silver, vanadium, and nickel are critical to make solar panels and batteries, mining companies also stand to benefitQ2 2021 hedge fund letters, conferences and more Electric vehicle adoption boost power consumption growthElectricity consumption is growing at an annualized rate of 3% a year (China has the highest rate at 10%) from 2000 to 2018. Source: Global Energy Statistical Year Book 2020 Despite China’s economic progress, its elec...