Global Energy Perspective 2023: Natural gas outlook
The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios. These energy transition scenarios examine outcomes ranging from warming of 1.6°C to 2.9°C by 2100 (scenario descriptions outlined below in …
Energy storage market size worldwide 2031 | Statista
The global energy storage system market is forecast to grow steadily between 2024 and 2031 with a compound annual growth rate of approximately nine percent. ... Market size of energy storage ...
CO2 Emissions in 2023 – Analysis
CO 2 Emissions in 2023 provides a complete picture of energy-related emissions in 2023. The report finds that clean energy growth has limited the rise in global emissions, with 2023 registering an increase of 1.1%. Weather effects and continued Covid-19 reopening played a significant role in driving emissions in 2023.
International Energy Outlook 2023
The International Energy Outlook 2023 (IEO2023) explores long-term energy trends across the world through 2050. Since our last IEO two years ago, IEO2021, the global energy system has evolved against a backdrop of new energy policies, the transition to zero-carbon technologies, energy security concerns, and economic and population growth.
Trends in electric cars – Global EV Outlook 2024
Electric car sales neared 14 million in 2023, 95% of which were in China, Europe and the United States. Almost 14 million new electric cars1 were registered globally in 2023, bringing their total number on the roads to 40 million, closely …
Lithium-ion battery demand forecast for 2030 | McKinsey
Global demand for batteries is increasing, driven largely by the imperative to reduce climate change through electrification of mobility and the broader energy transition. Just as analysts tend to underestimate the amount …
Global Energy Perspective 2023: Power outlook | McKinsey
The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios. These energy transition scenarios examine outcomes ranging from warming of 1.6°C to 2.9°C by 2100 (scenario descriptions outlined below in …
Global energy storage: staggering growth continues
The global energy storage market is set to reach the precipice of the 500GW milestone by 2031 – with the US and China representing 75% of global demand in a highly consolidated market. ... our latest US outlook shows …
Global Energy Storage Market Records Biggest Jump Yet
The global energy storage market almost tripled in 2023, the largest year-on-year gain on record. Growth is set against the backdrop of the lowest-ever prices, especially in China where turnkey energy storage system costs in February were 43% lower than a year ago at a record low of $115 per kilowatt-hour for two-hour energy storage systems.
1H 2023 Energy Storage Market Outlook
Global energy storage''s record additions in 2022 will be followed by a 23% compound annual growth rate to 2030, with annual additions reaching 88GW/278GWh, or 5.3 times expected 2022 gigawatt installations. China …
Global Power Storage Project Analysis: Battery Energy Storage …
The North America and Western Europe (NAWE) region leads the power storage pipeline, bolstered by the region''s substantial BESS segment. The region has the largest share of power storage projects within our KPD, with a total of 453 BESS projects, seven CAES projects and two thermal energy storage (TES) projects, representing nearly 60% of the global …
bp Energy Outlook 2023
3 | bp Energy Outlook: 2023 edition 2 | Energy Outlook 2023 explores the key trends and uncertainties surrounding the energy transition. Energy Outlook 2023 is focused on three main scenarios: Accelerated, Net Zero and New Momentum. These scenarios are not predictions of what is likely to happen or what bp would like to happen. Rather
Global Energy Perspective 2023 | McKinsey
The Global Energy Perspective 2023 explores the outlook for demand and supply of energy commodities across a 1.5° pathway (modelled as part of McKinsey''s Climate Math effort) and four bottom-up energy transition …
Executive summary – Renewables 2023 – Analysis
In 2023, new renewable energy capacity financed in advanced economies was exposed to higher base interest rates than in China and the global average for the first time. Since 2022, central bank base interest rates have increased from below 1% to almost 5%.
Key Themes for the Global Energy Economy in 2024
2023, forcing governments to look again at the fiscal playing field and whether they need to bring new incentives to the table, whether in terms of port logistics, raising the strike price offered for power offtake or helping to ease bottlenecks in the global supply chain for offshore wind components. For hydrogen,
Residential Energy Storage Market Size, Share & Industry Trends ...
Residential Energy Storage Market Size, Share & Industry Trends Analysis Report By Connectivity, By Power Rating (6-10 kW, 3-6 kW, and 10-20 kW), By Technology, By Operation, By Ownership Type, By Regional Outlook and Forecast, 2023 - 2030
World Energy Investment 2023 – Analysis
We estimate that around USD 2.8 trillion will be invested in energy in 2023. More than USD 1.7 trillion is going to clean energy, including renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvements and end-use …
Global Energy Perspective 2023 | McKinsey
The Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1.5° pathway, as well as four bottom-up energy transition scenarios with outcomes ranging in a …