Insight
The energy transition outlook for lithium 2025
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Report summary
Our energy transition outlook this year includes our "Pledges" and "Net Zero" scenarios - in which the rise in global temperatures since pre-industrial times is limited to 2.0 °C and 1.5 °C, respectively, by the end of this century. These scenarios are our interpretation of plausible routes to achieve the objectives given policy drivers, costs, consumer choices and technological innovation required. This year we have also added a "Delayed" scenario, in which global temperatures rise by 3.0 °C by the end of the century. We explore the impact on lithium demand and the capital needed to achieve these scenarios.
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