Energy Predictions 2040s

Coal

My energy predictions in Jan. 2023 for ~2040:

Under the assumption, that the majority of western and industrialised countries do not experience an economic and social collapse and that we do not let hundreds of millions of people die in the developing world (due to malnutrition and lack of affordable energy) in the next two decades:

• The current and coming global energy and food crises is largely a result of extraordinarily bad political decisions over the last 20 years.
• Large scale wind and solar are dead on arrival. There will be projects, the vast majority will not be profitable, highly subsidised and continue to destabilise electrical grids. Investments in large scale wind and solar will turn out to be neither economically nor ecologically useful.
• Energy storage with batteries and other technologies, hydrogen economy and the like will play no relevant role in the next 20 years.
• Rooftop solar will be extended and be useful in some cases and enhance energy resilience for the wealthy at a high cost.
• Coal will continue to grow, at least for the next decade.
• Countries that now invest heavily in oil and gas exploration and most importantly in nuclear energy will be the ones surviving the coming energy crisis.