Green Car Congress

JANUARY 19, 2011

According to the base case forecast, diversification of energy sources increases and non-fossil fuels (nuclear, hydro and renewables) are together expected to be the biggest source of growth for the first time. Oil, excluding bio-fuels, will grow relatively slowly at 0.6% The fuel mix changes over time, reflecting long asset lifetimes.

Energy 210

Energy Economy Global Oil-Sands 210

Green Car Congress

DECEMBER 5, 2012

Renewable fuel use grows at a much faster rate than fossil fuel use. The share of electricity generation from renewables grows to 16% in 2040 from 13% in 2011. Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.

Fuel 225

Fuel Energy Sale 2013 225

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 This marked the first annual increase in dollar commitments to renewables—excluding large hydro—for three years, and brought the total up to just 3% below the all-time record of $278.8 billion set in 2011. billion.

2014 150

2014 Renewable 2013 Wind 150