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ENERGY TRANSITION OUTLOOK 2024

202 4

is likely to be the year of peak emissions

28 %

of electricity generation will come from wind by 2050

50 %

of new passenger vehicles will be electric by 2031

2.2 °C

warming by 2100

Download the 2024 edition of Energy Transition Outlook

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About the report

What will the global energy mix look like in 2050? When will energy-related emissions peak? What is the forecast for offshore wind, CCS, and hydrogen? How is heightened focus on energy security impacting the shift to renewable energy? Our Energy Transition Outlook provides our best estimates to answer these and many other questions.

Our forecast to 2050 is based on our independent model of the world’s energy system and is a comprehensive analysis including development of:

Renewable energy technology scaling and costs (wind, solar PV, hydrogen, CCS, etc)
Energy demand by sector, source, and region
Energy efficiency and the impact of AI and digitalization
Energy supply by source
Electricity and grid infrastructure
Energy expenditure
Policies driving the transition
Global emissions
10 world regions

More about the report and our full suite of Energy Transition reports on www.dnv.com/eto