Projection
Historical
Projections per scenario:
Global power generation
Thousand TWh¹
Renewables dominate new generation, while clean firm and gas power generation increase across most scenarios.
Fading Momentum
McKinsey & Company
Source: McKinsey Energy Solutions Global Energy Perspective 2023
Other includes bioenergy (with and without CCUS), geothermal, and oil.
²
Excludes generation from storage (pumped hydro, batteries, LDES).
¹
80
70
60
50
40
30
20
10
0
2050
2040
2030
2022
2010
1995
Clean firm³
Coal
Gas
Hydro
Wind onshore
Wind offshore
Solar
Other²
Fading Momentum
Current Trajectory
Further Acceleration
Achieved Commitments
Current Trajectory
Further Acceleration
Achieved Commitments
³
Includes gas and coal plants with CCUS, nuclear, and hydrogen.