Global electricity demand in 2050 is over 75% higher in the STEPS than it is today, 120% higher in the APS and 150% higher in the Net Zero Emissions by 2050 (NZE) Scenario. Recently, coal use in the electricity sector has seen an
Even in this extreme case, EV batteries can still meet global, short-term grid storage demand by 2050 with participation rates of 10%-40% in vehicle-to-grid and with half
Global electricity demand in 2050 is over 75% higher in the STEPS than it is today, 120% higher in the APS and 150% higher in the Net Zero Emissions by 2050 (NZE) Scenario. Recently,
Fossil fuels are expected to provide about 70 percent of total primary energy in 2050, make up between 27 percent and 38 percent of power generation capacity by 2050, down from about half in 2022. Battery storage
In the IEA''s Net Zero Emissions by 2050 Scenario, a pathway aligned with limiting global warming to 1.5 °C, electricity''s share in final energy consumption nears 30% in 2030. weaker
In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although
To triple global renewable energy capacity by 2030 while maintaining electricity security, energy storage needs to increase six-times. To facilitate the rapid uptake of new solar PV and wind,
With rising investment of clean technologies and rapid growth in electricity demand, the WEO 2024 examines how far the world has come on its journey towards a safer and more sustainable energy system, and what more needs
In 2021, the IEA published its Net Zero by 2050: A Roadmap for the Global Energy Sector, which sets out a narrow but achievable pathway for the global energy sector to reach net zero
One of the key pillars for reaching net-zero emissions is using energy more efficiently. Our recent special report explores how the global energy sector can reach net-zero
The number of countries announcing pledges to achieve net zero emissions over the coming decades continues to grow. But the pledges by governments to date – even if fully achieved – fall well short of what is
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