The Future of World Energy Supply (2024–2050), Charted : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

Key Takeaways

  • Between 2024 and 2050, nearly all net new global energy supply comes from renewables.
  • Coal declines sharply while oil and gas flatten, shifting the long-term balance of the energy mix.

The world’s energy system is undergoing its most significant transition in modern history. While demand continues to rise, the types of energy supplying that demand are shifting at an accelerating pace. This chart highlights how global energy supply evolves from 2024 to 2050, showing which sources grow, plateau, or decline.

The data for this visualization comes from the IEA World Energy Outlook 2025. It outlines global energy supply in exajoules (EJ) from 2024 through forecasts for 2035 and 2050.

Renewables Become the Core of New Supply

Renewables more than double from 83 EJ in 2024 to 233 EJ by 2050, rising from 13% to 31% of global supply. Solar and wind make up most of this increase, with solar alone growing nearly ninefold over the forecast period. Hydro continues to rise more gradually. By 2050, renewables represent the largest source of net new global energy.

Exajoules (EJ) 2024 2035F 2050F
🔆 Solar 9 40 79
💨 Wind 9 25 40
💧 Hydro 16 19 23
🌿 Other renewables 49 65 91
🔥 Traditional biomass 19 14 10
⚛️ Nuclear 31 43 61
🟦 Natural gas 148 165 161
🛢️ Oil 193 192 184
🟫 Coal 178 143 95
🌱 Renewables (total) 83 149 233
🌍 Total energy supply 654 708 747

Fossil Fuels Flatten as Coal Declines

Coal shows the steepest drop, falling from 178 EJ in 2024 to just 95 EJ by 2050. This reflects both policy-driven phase-downs and competitive pressure from clean technologies.

Nuclear and Other Low-Carbon Sources Expand

Nuclear grows steadily from 31 EJ in 2024 to 61 EJ in 2050, maintaining a small but meaningful role in global baseload power. Traditional biomass declines as regions transition to modern energy systems. Meanwhile, “other” renewables—such as geothermal and modern bioenergy—expand significantly, helping diversify the low-carbon supply portfolio.

https://www.visualcapitalist.com/the-future-of-world-energy-supply-2024-2050-charted/