New Energies - Compelling Opportunity Set
Energy Fundamentals
Global Demand Outlook1
(IEA Announced Pledges Scenario, Exajoules)
STEPS²
(MMbpd)
Biofuels
SDS2
Wind & Solar
Hydro
Nuclear
Gas
Oil
Coal
2019
2050
• 25%+ increase in global population
•
• 50%+ growth in urbanization
65%+ growth in the middle class
ENBRIDGE®
N.A. Oil Exports²
N.A. LNG Exports²
(Bcf/d)
~3
>4.5
2021
2030+
~7
2020
>20
2030+
Abundant, low-cost crude oil and natural gas resources
Globally competitive petrochemical & refining
.
• N. America is a global leader in sustainable production
North American sustainable energy supply will be essential to satisfying global energy needs
(1) International Energy Agency (2021), World Energy Outlook 2021, IEA, Paris (2) 2021 IHS Markit. All rights reserved. The use of this content was authorized in advance.
Any further use or redistribution of this content is strictly prohibited without prior written permission by IHS Markit
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