Publication Laka-library:
Heliocentrism. Objects may be further away than they appear (2025)
| Author | Michael Cembalest, J.P.Morgan |
 |
6-01-3-60-17.pdf |
| Date | March 2025 |
| Classification | 6.01.3.60/17 (NUCLEAR SAFETY - REACTORS - OTHER TYPES, SMALL MODULAR REACTORS) |
| Front |
From the publication:
EYE ON THE MARKET | 15TH ANNUAL ENERGY PAPER | MARCH 2025
Heliocentrism
Objects may be further away than they appear
Solar capacity is booming around the world, both utility scale and residential
applications, and is often accompanied by energy storage whose costs are
declining as well. Yet after $9 trillion globally over the last decade spent
on wind, solar, electric vehicles, energy storage, electrified heat and power
grids, the renewable transition is still a linear one; the renewable share of
final energy consumption is slowly advancing at 0.3%–0.6% per year. Our 15th
annual energy paper covers the speed of the transition, electrification, the
changing planet, the high cost of decarbonization in Europe, nuclear power,
the Los Angeles fires, Trump 2.0 energy policies, renewable aviation fuels,
superconductivity, methane tracking and the continually wilting prospects
for the hydrogen economy.
By Michael Cembalest | Chairman of Market and Investment Strategy for J.P.
Morgan Asset & Wealth Management
Table of Contents
Executive Summary: Heliocentrism and the speed of the energy transition
Comments from Vaclav Smil and charts on a changing planet
Essential charts on the energy transition
Trump 2.0 energy policies: the pendulum swings, yet again
No good deed goes unpunished: the high cost of European decarbonization
A nuclear renaissance in the OECD? Wake me when we get there
Our grid optimization model: the cost and configuration of deeply
decarbonized US grids
The Los Angeles Fires: climate change is not the entire story
Renewable jet fuel: costs, constraints and chemical reactions
Space Mountain: tracking methane accumulation from US gas basins via
satellites
Frydrogen: the cancellation of green hydrogen projects when exposed to
the sunlight of energy math
The superconductivity scandal at Nature: another one bites the dust
Topics for 2026: demand response, shipping, geologic hydrogen, sodium
ion batteries and fusion (maybe)