Available on-demand: Watch the launch of the 2024 Global Energy Perspective—McKinsey’s annual report exploring the future trajectory of the global energy system and the many factors that could influence real-world outcomes as the energy transition continues to unfold.
This report is grounded in the best currently available data and provides detailed demand outlooks across a 1.5°C pathway and three bottom-up energy transition scenarios, aiming to serve as a fact base to inform strategic decision-making.
This webinar provides a comprehensive view of the possible roads ahead, highlighting both the substantial challenges and emerging opportunities in the transition to a low-carbon future.
In this recording, Humayun Tai and Diego Hernandez Diaz, as well as other McKinsey experts discuss how:
- Despite policy innovations and growing commitments, emissions are projected to remain high, surpassing the carbon budget for a 1.5°C trajectory.
- Global energy demand is set to grow, mostly driven by growth in energy consumption in emerging economies.
- A 2030 plateau in fossil fuel demand is expected, as clean energy technologies are not scaling rapidly enough.
- Low-carbon energy sources are set to grow, but not currently fast enough to meet net-zero goals, largely due to business case viability, supply chain constraints, and geopolitical factors.
- New and existing challenges facing the build out of low-carbon technologies, will need to be overcome to ensure the energy transition can progress at speed and at scale.
Interested to learn more? Download the report this webinar is based on.