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The transition in progress

Annual emissions

½

By 2050, annual emissions are expected to be about half of what they are now

Renewable Energy

72%

Renewable energy sources will grow from 13% of the power mix in 2023 to 72% by 2050

Wind power

28%

By 2050, 28% of the world’s electricity will come from wind power

Solar & Storage

44%

By 2050, 44% of the world’s electricity will come from solar power and storage

EV Sales

50%

Electric vehicle (EV) sales increased by 50% in 2023. By 2050, 74% of all vehicles worldwide will be EVs

COAL

70%

Globally, coal use is set to fall by almost 70% by 2050

Energy System

2050

By 2050, the energy mix will change significantly with fossil fuel’s share falling from today’s 80% to 50%.

Insights

The Energy TRansition Outlook

A global and regional forecast to 2050

Take a look at unique insights into the complexities of the energy transition. Download research-based reports, papers, articles, and more!

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Energy Industry Insights 2025

Short-term volatility, long-term optimism

Insights from over 1,100 energy professionals and industry leaders on the outlook, sentiment, and key priorities for the year ahead.

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