Published January 2024 | Version v1
Journal article

Forecasts and scenarios for global energy supply up to 2050. Synopsis of the approaches and results of studies published in 2023

  • 1. RWTH Aachen (Germany)
  • 2. World Energy Council, London (United Kingdom)

Description

The development of global energy supply in the coming decades is of outstanding interest for the strategic orientation of companies and governments as well as the positioning of international stakeholders. Accordingly, a number of institutions regularly present detailed analyzes of the prospects for energy consumption and its coverage. These include government-backed international organizations, energy companies, consulting firms and scientific institutes. The analyzes produced are characterized by differences in the methods followed and the assumptions made. A fundamental distinction must be made between forecasts and exploratory and normative scenarios. The approaches and results of the studies will be characterized if they were published in 2023. The future paths indicated in these studies are assigned to the categories mentioned. The wide range in the results achieved on the future development of primary energy consumption and electricity generation is explained - differentiated according to energy sources. Furthermore, common messages that can be derived from the studies are identified. This is particularly true with regard to compliance with the climate targets decided by the global community. Increasing electrification and increased use of hydrogen are identified as key technological drivers. For political support, the most globally harmonized pricing of CO2 as well as increased international cooperation are advocated.

Additional details

Publishing Information

Journal Title
Atw. Internationale Zeitschrift fuer Kernenergie
Journal Volume
69
Journal Issue
1
Journal Page Range
p. 15-26
ISSN
1431-5254

INIS

Country of Publication
Germany
Country of Input or Organization
Germany
INIS RN
55060014
Subject category
S29: ENERGY PLANNING, POLICY AND ECONOMY;
Descriptors DEI
AVAILABILITY; ENERGY CONSUMPTION; ENERGY SOURCES; INTERNATIONAL COOPERATION
Descriptors DEC
COOPERATION