The use of batteries in the electricity sector will displace the largest volume of fossil fuel demand worldwide, causing a reduction of 175 exajoules over the next two decades. By 2045, the rapid growth of battery technology with applications in the electricity and transportation sector is forecast to more than halve the global fossil fuel demand, which amounted to 137,237 terawatt-hours (or approximately 494 exajoules) in 2022.
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Energy Post. (February 26, 2024). Fossil fuel demand reduction caused by battery growth worldwide between 2023 and 2045, by sector (in exajoules) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/
Energy Post. "Fossil fuel demand reduction caused by battery growth worldwide between 2023 and 2045, by sector (in exajoules)." Chart. February 26, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/
Energy Post. (2024). Fossil fuel demand reduction caused by battery growth worldwide between 2023 and 2045, by sector (in exajoules). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/
Energy Post. "Fossil Fuel Demand Reduction Caused by Battery Growth Worldwide between 2023 and 2045, by Sector (in Exajoules)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/
Energy Post, Fossil fuel demand reduction caused by battery growth worldwide between 2023 and 2045, by sector (in exajoules) Statista, https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/ (last visited December 23, 2024)
Fossil fuel demand reduction caused by battery growth worldwide between 2023 and 2045, by sector (in exajoules) [Graph], Energy Post, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/1453300/fossil-fuel-demand-decrease-because-of-batteries-worldwide/
