Renewable energy sources will account for 56% of global final consumption by 2050.
The global final energy consumption will heavily be supplied by renewable energy sources by 2050: between 50% and 80% depending on the region, in our EnerBlue scenario, in line with countries' NDCs and pledges. Renewables will progress quickly by 2030 and beyond, driven by electrification and decarbonisation of the electricity supply.
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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Nov
According to the French power transmission system operator (TSO) RTE's electricity system forecasts for the winter 2024-2025, the French power supply should be ensured throughout the winter. Electricity consumption remains at a low level, continuing the downward trend posted since 2022 (due to high electricity prices and savings efforts), and 2024 electricity consumption is anticipated to remain 6% below the 2014-2019 average, at around 448 TWh.
13
Nov
The Argentinian oil and gas company YPF expects to raise its shale oil production in Argentina by 30% to 40% in 2025, especially in the Vaca Muerta formation, estimated to be the fourth largest shale reserve in the world (and the world's second largest shale gas reserve). The company already raised significantly its unconventional oil production in the third quarter of 2024 to 126 kb/d (+11% from the second quarter and +36% from the same period in 2023). YPF's natural gas production also grew by 4% compared to the second quarter of 2023 and by over 7% compared to the third quarter of 2023. YPF will now focus its investments on its main shale assets.
04
Nov
The European Environment Agency (EEA) has published its “Trends and Projections” annual report, revealing an 8% drop in the European Union’s total net greenhouse gas (GHG) emissions in 2023. This represents the largest reduction seen in decades, falling by 37% compared to their 1990 level. The EEA attributes the decline to a significant decrease in the use of coal, the increase in renewable energy sources (from 10.2% of final energy consumption in 2005 to 24% in 2023) and a decline of energy consumption within the Member States.
17
Oct
The French largest power distribution system operator (DSO) Enedis has unveiled its electricity consumption scenarios for 2035 and 2050, forecasting an increase in energy consumption by 2035, rising from 343 TWh per year in 2019 to about 396 TWh in 2035. For 2050, Enedis projects an annual consumption range of between 373 and 503 TWh, depending on the country's electrification scenarios. The main drivers are expected to be the growing demand for electric cars, data centers and the electrification of the industry. However, residential energy demand is expected to decrease due to sufficiency and energy efficiency measures. The report does not consider the expected growth of the hydrogen sector, since most of the installations will be connected to the RTE power transmission network.