World Energy Scenarios:Composing energy futures to 2050
World Energy Scenarios: Composing energy futures to 2050 offers a comprehensive analysis of potential energy futures. It examines various factors such as energy demand, sources, technology advancements, and policy frameworks to provide insights into the global energy landscape up to 2050. The report explores different scenarios and possibilities, presenting a range of potential outcomes for the future of energy. It delves into the challenges and opportunities faced by the energy sector and provides valuable information to support informed decision-making.
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | World Energy Council |
| Authors: | Abubakar Sambo, Arup Roy Choudhury, Brian A. Statham, Christoph Frei, Graham Ward, CBE, Hwan-eik Cho, Jean-Marie Dauger, José Antonio Vargas Lleras, José da Costa Carvalho Neto, Kevin Meyers, Leonhard Birnbaum, Marie-Jose Nadeau, Pierre Gadonneix, Taha M. Zatari, Wu Xinxiong, Younghoon David Kim |
| Time horizon: | 2050 |
| Geographic focus: | Global |
| Page count: | 288 |
Methods
The research method involved creating two exploratory scenarios, Jazz and Symphony, based on a systemic approach that considered a wide range of drivers affecting the global energy landscape. The scenarios were quantified using the global multi-regional MARKAL (GMM) model, which is a cost-optimization model yielding least-cost solutions for the global energy system under various assumptions and constraints.
(Generated with the help of GPT-4)
Key Insights
The World Energy Council's report presents two scenarios, Jazz and Symphony, to examine potential global energy futures by 2050. It addresses the increasing complexity of energy systems, the crucial role of energy efficiency, the predominance of fossil fuels, regional differences in energy priorities, challenges in meeting CO2 targets, the significance of carbon capture and storage (CC(U)S), and the uncertainties of solar energy and energy storage technologies. The report emphasizes the need for balanced energy policy decisions, substantial investments, and the effective functioning of energy and carbon markets.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2050 time horizon | 2050s time horizon | English publication language | Global geographic scope | cc(u)s | co2 targets | energy | energy complexity | energy efficiency | energy markets | energy policy | energy scenarios | energy storage | fossil fuels | investment needs | jazz | oil | regional priorities | renewables | solar energy | sustainability | symphony | technology