ExxonMobil projects global electricity demand to rise roughly 65% by 2050

By Public Technologies
  • ExxonMobil's 2026 Global Outlook projects global electricity demand will rise roughly 65% by 2050.
  • Developing countries' energy use is forecast to increase about 25%, driven by economic growth and improving living standards.
  • Energy-related CO2 emissions are projected to fall roughly 20% to about 30 billion metric tons annually, still above climate-goal levels.
  • The emissions decline is smaller than previously projected as coal persists and lower-emission technologies scale more slowly than expected.
  • Solar and wind should exceed 11% of the energy mix; natural gas use is expected to increase while oil remains essential.


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