Proof Point
Significant growth in both natural gas and renewables expected to decrease role of coal in electricity generation over coming decades
Global Net Electricity Generation By Fuel Type
2012 – 2040F (trillion kilowatt hours)
Proof Point Findings
- Evolving Energy Mix – Renewables and natural gas expected to increase share of electricity generation over coming decades, while role of coal forecasted to decrease gradually
- Renewables Growth – Expected to grow from 22% in 2012 to 29% by 2040, supported by government-led intiatives to adopt non-hydropowered renewables, particularly solar, in China and India; aggressive US Clean Power Plan; and plans to increase hydropower capacity in emerging markets
- Natural Gas Growth – Forecasted to grow from 22% in 2012 to 28% by 2040, driven by low prices, favorable greenhouse gas emissions (natural gas combustion emits carbondioxide at half the rate of coal), and more efficient technologies
- Decreasing But Still Relevant Coal – While coal is expected to still be most widely used electricity generation fuel, dependence is forecasted to decrease from 40% in 2012 to 29% in 2040 as countries continue to reduce CO2 emissions and increase energy production efficiencies
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Date Last Updated |
December 6, 2016
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