Site traffic information and cookies

We use cookies to collect and analyse information on our site's performance and to enable the site to function. Cookies also allow us and our partners to show you relevant ads when you visit our site and other 3rd party websites, including social networks.You can choose to allow all cookies by clicking ‘Allow all’or manage them individually by clicking ‘Manage cookie preferences,’ where you will also find more information.

Manage cookie preferences

  1. Home
  2. Energy economics
  3. Energy Outlook
  4. Electricity and power systems

Electricity and power systems

Published:
14 March 2022

Electricity demand grows strongly as the world increasingly electrifies

Electricity demand increases strongly in all three scenarios driven by growing prosperity in emerging economies and increasing electrification of the global energy system. Final electricity demand increases over 80% by 2050 in Accelerated and Net Zero and by 75% in New Momentum.

 

Growth in power generation is dominated by wind and solar as the global power system decarbonizes

World power systems are increasingly dominated by wind and solar power, which more than account for the entire growth of global power generation in Accelerated and Net Zero, and around 85% of the increase in New Momentum.

Related content

Our electric evolution

A snapshot of how we are working across our businesses – from charging to e-Fluids – so we can all get plugged into the EV revolution

UK offshore wind explainer‎

With more electricity generated by offshore wind than anywhere else in the world, the UK is at the forefront of the fastest-growing energy source

CCUS explainer

We take a closer look at carbon capture, use and storage (CCUS) and why it matters