Oil accounts for the greatest share of primary energy demand worldwide. In 2023, oil's share in total primary energy demand was 31 percent. However, this figure is forecast to decrease to around 29.3 percent by 2050 with greater emphasis on renewables' deployment.
Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type
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OPEC. (October 14, 2024). Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed
OPEC. "Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type." Chart. October 14, 2024. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed
OPEC. (2024). Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type. Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed
OPEC. "Distribution of Primary Energy Demand Worldwide from 2020 to 2023 with a Forecast for 2050, by Fuel Type." Statista, Statista Inc., 14 Oct 2024, https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed
OPEC, Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type Statista, https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed (last visited January 24, 2025)
Distribution of primary energy demand worldwide from 2020 to 2023 with a forecast for 2050, by fuel type [Graph], OPEC, October 14, 2024. [Online]. Available: https://www.statista.com/statistics/283439/global-fuel-shares-by-source/?__sso_cookie_checker=failed