Renewable energy generation and storage technologies will require molybdenum for their operations. By 2050, it is projected that approximately 47 percent of the molybdenum used in the energy industry worldwide will be consumed by wind power applications.
Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology*
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Share of demand
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World Bank. (May 11, 2020). Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology* [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/
World Bank. "Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology*." Chart. May 11, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/
World Bank. (2020). Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology*. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/
World Bank. "Forecast Distribution of Molybdenum Demand in The Energy Industry Worldwide in 2050 by Technology*." Statista, Statista Inc., 11 May 2020, https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/
World Bank, Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology* Statista, https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/ (last visited September 01, 2024)
Forecast distribution of molybdenum demand in the energy industry worldwide in 2050 by technology* [Graph], World Bank, May 11, 2020. [Online]. Available: https://www.statista.com/statistics/702273/share-molybdenum-demand-energy-industry-globally-projection/