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Energy Of The Future. Demand By 2050

Energy2050_1536x1536_500_Standard.ashx?mw=1536&car=72:35&cq=50&tco=500&width=400When it comes to energy, there is one matter everyone agrees on. For the near future, at least, the world will need more of it—and how it is produced and used will be a critical factor in the future of the global economy, geopolitics, and the environment. With that in mind, McKinsey took a hard look at the data, modeling energy demand from the bottom up, by country, sector, and fuel mix, with an analysis of current conditions, historical data, and country-level assessments. On this basis, McKinsey’s Global Energy Insights team has put together a description of the global energy landscape to 2050.

It is important to remember that this is a business-as-usual scenario. That is, it does not anticipate big disruptions in either the production or use of energy. And, of course, predicting the future of anything is perilous. With those caveats in mind, here are four of the most interesting insights from this research.

Global energy demand will continue to grow. But growth will be slower—an ave

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german_solar_farm_zpsf739d698.jpg?width=320

(edited 1:18pm to add U.S. projections)

Germans have now achieved goals, which coal industry skeptics have been claiming for the last 40 years could not be achieved even by 2050 and is is rapidly becoming a model country for transitions to renewable and sustainable energy proving that "yes, a transition to a renewable energy economy can be done, and it can be down with continuous improvement to existing technology.

Germans have a special word for it -"'Energiewende', or energy transformation - which aims to power the entire country by renewable resources by 2050." Germans are now laying down a challenge for other countries saying there is no longer any excuse for countries to say this is impossible.

June 6, 2014 was a record breaking day for the solar power industry in Germany when the country broke through the symbolic barrier of generating more than 50% of its total electricity needs with solar power for one hour in an all time record, according to Tobias Rothachter, and expert on r

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