As the world is anticipating the end of the COVID-19 pandemic, energy consumption in industry and services is likely to grow. In the longer term, the developing world will increase its energy utilization, leading to growth of global primary energy demand by of 0.4% – 0.6% per year, or a 25% increase by 2050. According to scenarios calculated by energy giant Total SE, massive electrification of transportation will lead to decarbonization, and will require a rapid growth in renewables as a source of electricity.
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