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Scenario description

EnerBase

EnerBase describes a world in which existing policies and historical trends are continued without any further climate ambition. The lack of support for GHG emission mitigation affects entire energy systems over a long period, with increasing energy demand and limited fuel diversification. This scenario leads to a temperature rise above 3°C.

EnerBlue

EnerBlue is based on the successful achievement of NDCs (Nationally Determined Contributions) and other national pledges for 2030, as well as a continuation of consistent efforts post 2030. Sustained growth in emerging countries is a powerful driver of global energy demand, but policies play a key role in controlling the pace of growth. This scenario leads to a global temperature rise between 2.0°C and 2.5°C.

EnerGreen

EnerGreen explores the implications of more stringent climate policies, with countries fulfilling or overachieving their NDC commitments and then regularly revising their emissions goals. These changes lead to significant improvements in energy efficiency and a strong deployment of renewables. In this cleaner trajectory, global temperature increase is limited to well below 2 °C.

EnerFuture: Global Energy Forecasts

EnerFuture provides energy projections up to 2050. Our service offers clear insight into the future of energy demand, prices and GHG emissions.

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MACC: Marginal Abatement Cost Curves

Enerdata's long-term MACC allow you to gain unique insight and comprehensive data from the globally recognised POLES model.

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02

May

The Philippines’ Department of Energy (DOE) expects that nearly 4.2 GW of new power projects to be commissioned in 2024, mixing renewables and conventional sources. This includes the start of commercial operation of a record solar power capacity of nearly 2 GW (1,985 MW) that should be commissioned in 2024, and two large thermal power plants, namely the 1,320 MW (4x440 MW) Batangas CCGT power project and the 600 MW (4x150 MW) Mariveles coal-fired power project (unit 1 already operational and 3 other units under testing and commissioning). In addition, at least 590 MW of battery energy storage should be commissioned during the year.

30

Apr

The Russian Ministry of Economic Development has confirmed the official forecasts for gas production in Russia for the 2024-2027 period. Gas production in the country should reach 666.7 bcm in 2024, 695.4 bcm in 2025, 707.5 bcm in 2026 and 727.3 bcm in 2027. The ministry has also unveiled a conservative forecast alongside the baseline one, with production reaching 654 bcm in 2024 and potentially standing at 659 bcm for 2025, 666 bcm in 2026 and 671 bcm for 2027.

25

Apr

The Russian Ministry of Economic Development has lowered its forecasts for the country's crude oil export prices over the 2024-2027 period to US$65/bbl. The forecasts were cut from previous estimates of US$71.3/bbl for 2024, US$70.1/bbl for 2025 and US$70/bbl for 2026.

22

Apr

The European Union Agency for the Cooperation of Energy Regulators (ACER) has published its European LNG Market Monitoring Report (MMR). According to the report, the EU outpaced China as the largest global LNG importer in 2023, with 134 bcm of LNG imports recorded, while the United States have surpassed Qatar and Australia as the largest LNG producer, with an estimated export volume of 119 bcm in 2023. The EU’s increased demand of LNG may reach its peak during 2024 under ‘REPowerEU’ demand scenarios, at 330 bcm.