An aggressive scenario outlined by oil and gas company Shell predicts power from renewable sources could overtake oil, gas and coal as the world's primary energy source by 2050. The report says that if current trends continue, global electricity demand will increase to about 50 billion kilowatt hours per year in 2030.
An aggressive scenario outlined by oil and gas company Shell predicts power from renewable sources could overtake oil, gas and coal as the world's primary energy source by 2050. The company's "sky" scenario, contained in the Shell Energy Transition Report, also said there could be as many as 10,000 carbon capture and storage facilities in operation around the world by 2070.