Energy consumption has increased at a record rate in recent years. This increase has been driven by a number of social trends that is now calling for the evolution of the energy industry to meet the growing energy demand and ensure its supply.
Increasing world population
Increasing world population
It is projected to reach 9.2 billion by 2040 (+1.7 billion), driven by emerging countries.
Greater access to electricity
Greater access to electricity
By 2040, 92% of the world population will have access to electricity compared to the 87% that currently has access to it.
Expanding middle class in Asia
Expanding middle class in Asia
Asia's middle class is expected to grow from 500 million in 2009 to over 3.2 billion by 2030.
Ageing population
Ageing population
The effect of age involves decreased mobility and a change in energy consumption patterns.
Reduced biomass usage
Reduced biomass usage
Currently, 2.7 billion people depend on biomass to cook, which is expected to decrease to 1.8 billion by 2040.
Higher urbanization rate
Higher urbanization rate
It will grow from 55% in 2017 to 64% by 2040 with impacts such as greater pollution. Nearly 90% of this increase will be in Asia and Africa.
Geopolitical instability
Geopolitical instability
Political turmoil will have an impact on the world due to tensions between the world's leading powers.
Technological breakthroughs
Technological breakthroughs
Technology will play a key role in decarbonization and the energy transition.
