According to stated policies by international agencies and governments, the global energy mix should change significantly by 2040, compared to 2018 actual figures. Oil is expected to drop from contributing to 31% of the world’s energy to just 28% by 2040. Meanwhile, natural gas is expected to rise significantly from 23% to become 30% of the world’s energy mix.
Coal, unfortunately is expected to stay largely the same, even with western countries shutting down their coal mines, there are many more coal mines becoming active in Asia. Solar and wind power is expected to increase by 3X in these twenty years, while modern bioenergy use will almost double, while traditional biomass (ie. Wood, charcoal, etc.) will fall out of favor.
Dubai’s Green Future: Powered by Renewable Energy
Discover how Dubai plans to achieve 100% clean energy by 2050 in the comprehensive 2024 Green Future Report. Dive into the Net Zero Carbon Emissions Strategy, key renewable energy projects, and cutting-edge technologies. Learn about Dubai’s solar and hydrogen initiatives, and stay informed about the latest in clean energy advancements. Click to explore Dubai's path to sustainability.
Related Videos & Podcasts
A Look Into Dubai's Sustainability and Innovation Centre
By Staff Writer • February 01, 2025The Great Energy Transition of the 21st Century for a Sustainable Future
By Staff Writer • November 25, 2024Driving Towards a Greener Future: UAE and Dubai’s Net Zero Agenda
By Lucidity Insights Research Team • November 05, 2024Dubai: Weaving Its Own Path to Net Zero by 2050 [Trailer]
By Lucidity Insights Research Team • October 01, 2024Top 5 Ambitious Projects Powering Dubai to Net Zero
By Lucidity Insights Research Team • September 30, 2024Did you check these out?
The 52 Year Evolution of Our Global Energy Mix
By Staff Writer • December 03, 2024EDB Funds $27.2M Solar Expansion Agreement with Yellow Door Energy
By Staff Writer • November 15, 2024Dubai's Renewable Energy Ambitions: Pioneering Net Zero Strategies by 2050
By Erika Masako Welch • October 13, 2024Space-D: Using Nano Satellites and IoT to Improve Utilities Operations and Maintenance
By Staff Writer • October 12, 2024Yellow Door Energy: Supporting Companies Transition to Clean Energy with Bespoke Lease-to-Own Solar Power Plants
By Staff Writer • October 11, 2024Dubai's Sustainability and Innovation Centre: A Global Hub for Green Progress
By Erika Masako Welch • October 10, 2024Dubai's Roadmap to Achieving Net Zero While Doubling Its Economy
By Erika Masako Welch • October 09, 2024UAE's Vision for Renewables and a Greener Future
By Erika Masako Welch • October 08, 2024IRENA: On the State of Renewables in 2024
By Dr. Nawal Al-Hosany • October 07, 202410 Graphs You Need to Know About Renewables in 2024
By Erika Masako Welch • October 06, 2024Related Contents
Infobytes
Global Government-Level AI Investments (2023 vs 2024)
By Staff Writer • December 03, 2024Articles
The Great Energy Transition of the 21st Century
By Erika Masako Welch • October 05, 2024Articles
New Report Shows Dubai’s Commitment to a Net Zero Carbon Future by 2050 is Well on its Way
By Erika Masako Welch • October 01, 2024Infobytes
The Changes in the Global Energy Mix 2021-2040
By Staff Writer • October 01, 2024Infobytes
MENA’s Real GDP and Inflation in 2024
By Lucidity Insights Research Team • July 23, 2024Infobytes
Global & GCC EV Market Size 2024-2029
By Lucidity Insights Research Team • June 02, 2024Infobytes
GCC Q1 IPO Activity by Country (2019-2024)
By Lucidity Insights Research Team • May 28, 2024Infobytes
MENA vs Global Cinema Market Outlook 2019-2024
By Lucidity Insights Research Team • May 06, 2024Infobytes
Middle East & Africa FDI 2015-2022
By Lucidity Insights Research Team • March 25, 2024