Download the EnerOutlook 2050 presentation to have an overview of the main outcomes of our central scenario EnerBlue in various world regions.
The presentation includes details on the underlying assumptions of this scenario, along with insightful graphs and learnings on the future of energy systems through 2050.
The renewable energy capacity in India, which exceeded 130 GW (including hydropower and biomass) at the end of 2019, is expected to increase to over 220 GW by 2022, according to the government. This will require an annual investment of US$20bn. The previous objective was to increase the renewable capacity to 227 GW by 2022. The government aims to further develop renewables to reaches 450 GW of renewables 2030.
The Canadian Energy Regulator (CER) has released its Energy Supply and Demand Projections to 2050 (EF2020) forecasts, including a "Reference scenario" that implies no additional effort to cut greenhouse gas emissions and steady demand for fossil fuels (traditional baseline projection) and a "Evolving scenario", which assumes continuing the historical trend of increasing global action on climate change.
The Italian energy group Enel has announced plans to invest €190bn in the 2021-2030 period, €150bn of which will be invested through the "Ownership business model". Nearly €70bn will be invested to support the development of 75 GW of additional installed capacity in the company's portfolio, while another €70bn will be deployed in infrastructure and networks, to address quality and resiliency improvements, new connections, and infrastructure digitalization.
According to the Ministry of Energy of Algeria, the country's total gas production is forecast to decline by 1% and gas exports are expected to decrease by 4.7% in 2020 to 41 bcm, down from nearly 43 bcm in 2019, due to a lower gas demand in Europe and the competition from cheaper US LNG supplies. In the long run, Algeria's natural gas exports should decrease by more than 40% to 2025 (26 bcm) due to stagnant production, rising domestic demand and insufficient investment.
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