Consumption of all modern fuels continues to grow over the coming 25 years in the World Energy Outlook central scenario, although growth in coal is cut to 0.2% per year on average. Oil demand rises steadily to 103.5 mb/d in 2040; gas consumption rises by nearly 50%, overtaking coal. But it is renewable energy that is the major growth story. In the power sector, 60% of all capacity additions to 2040 are from renewables.

Source: World Energy Outlook 2016

20 November 2016