Compounding Long-term Dividends at 5-7% CAGR
(MMboe/d)
Global Energy Demand Continues to Compound
Population Growth and Rising Mobility Drive Strong Long-term Outlook
Global Energy Demand (1990-2050)
450
Gas
■ Oil
400
■ Coal
Nuclear
350
■Renewables
Biomass
300
250
200
150
100
50
90 95 00 05
10
10
15 20
20
25
25
30 35
40
40
45 50
Conventional Energy Demand: Coal, Oil/Liquids and Natural Gas (1900-2022)
250
Coal
Oil
Gas
-Population
10
9
200
Conventional Energy Demand
(MMboe/d)
150
100
Calls for
precipitous declines
in conventional
energy are
intellectually
dishonest.
50
1900
1910
1920
1930
1940
1950
1960
1970
1980
1990
Long-term energy demand expected to grow
through 2050, driven by global population growth,
rising mobility and economic expansion.
Sources: Wood Mackenzie; Refinitiv/Reuters; Notes: See "Forward-looking Information"
AltaGas
Few things more correlated than population growth,
prosperity, and energy usage. All forms of energy
needed on the road ahead.
Long-term Demand and Investment Thesis to Support Midstream and Utilities Growth
2000
2010
2020
2030
2040
2050
18
0
43
21
7
8165
Global Population (Blns)View entire presentation