Forecast share of global silver demand for energy by technology 2050

Published by
Madhumitha Jaganmohan,
May 22, 2024
One of silver's main uses in the energy industry is for solar applications (photovoltaics and concentrated solar power). Forecast figures for 2050 indicate that around 96.3 percent of the silver used for energy technologies will be used in solar photovoltaics, mainly in the crystalline silicon subtechnology.

Forecast distribution of silver demand for energy production worldwide in 2050 by technology

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Release date

May 2020

Region

Worldwide

Survey time period

2020

Supplementary notes

* CSP: concentrated solar power.
Projection under the two degrees scenario.
Figures amount to 99.99 percent due to rounding.

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