Developing and emerging economies are forecast to account for the largest increase in primary energy demand between 2023 and 2050. India's compound annual growth rate in primary energy demand was projected to reach 2.3 percent in that timeframe. By comparison, primary energy consumption in North America and Europe was projected to decrease.
Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country
In a Continued Momentum scenario, reflecting current trends in energy transition and factoring in affordability and security issues. The projected temperature increase by 2050 is of 2.2 degrees Celsius.
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McKinsey & Company. (November 12, 2024). Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/
McKinsey & Company. "Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country." Chart. November 12, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/
McKinsey & Company. (2024). Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/
McKinsey & Company. "Projected Primary Energy Demand Compound Annual Growth Rate Worldwide between 2023 and 2050, by Region or Country." Statista, Statista Inc., 12 Nov 2024, https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/
McKinsey & Company, Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country Statista, https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/ (last visited December 18, 2024)
Projected primary energy demand compound annual growth rate worldwide between 2023 and 2050, by region or country [Graph], McKinsey & Company, November 12, 2024. [Online]. Available: https://www.statista.com/statistics/1546643/projected-primary-energy-demand-change-by-world-region/