Electrify. Electrify. Electrify.
Electricity plays a larger role in every plausible energy future explored in Statkraft’s Green Transition Scenarios 2026.
Global Outlook | Europe | Nordics | North America | South America
By 2050, global electricity demand could grow by 48% to more than 100%, while renewables could supply 62% to 80% of global electricity.
But producing more renewable power is only part of the answer. The countries and companies that connect, store, move and use electricity most effectively will be better positioned to compete in the emerging electric economy.
Explore four plausible pathways to 2050 and the choices shaping energy security, competitiveness and resilience.
Four scenarios. Global, European, Nordic, Norwegian and regional perspectives. One report.
About the energy report
Green Transition Scenarios report 2026 explores plausible pathways for the global energy system from 2026 to 2050, with dedicated perspectives on Europe, the Nordics, Norway and other key markets. Drawing on expertise from across Statkraft, the report helps decision-makers navigate the opportunities, uncertainties and trade-offs shaping energy security, competitiveness, electrification and decarbonisation in the decades ahead.
The report is published annually and is based on insights and analyses from Statkraft experts who work with energy infrastructure, analysis, systems, and trading.
What does “Electrify” mean?
Electrification is about more than electric vehicles, heat pumps or industrial processes. It includes building the entire electricity economy.
Electrify.
More efficient use of energy
Electrify transport, buildings and industry to improve efficiency and reduce dependence on fossil fuels.
Electric vehicles, heat pumps and electrified industrial processes can deliver the same outcome using significantly less energy than fossil fuel alternatives.
Use electricity more efficiently.
Electrify.
Generate more renewable power
Expand renewable generation to meet growing electricity demand and strengthen energy security.
Electrify power systems with renewable generation.
Wind, solar and hydropower increasingly become the backbone of electricity supply across all Green Transition Scenarios.
Generate more clean electricity.
Electrify.
Build and connect the infrastructure
Build and connect grids, storage, flexibility, digital infrastructure, charging networks and interconnectors so electricity can be used where and when it is needed.
Generating more clean power is only part of the challenge. The real test is integrating it into the system.
Electrify infrastructure.
Move electricity where it matters.
Electrify.
Enable the markets
Reward flexibility, balancing services, innovation and smarter market design so the electricity system can operate efficiently.
The future is not simply powered by electricity.
It is coordinated by intelligent electricity systems.
Make electricity work harder.
Região Sul – Planta Monjolinho
[COUNTRY]’S ELECTRICITY OPPORTUNITY
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[60 to 100 words explaining the most relevant local or regional finding or tension. Focus on one issue only, for example competitiveness, energy security, industrial demand, grid capacity, flexibility or renewable deployment.]
[Insert one or two verified local or report data points. Clearly label scenario ranges as ranges, not forecasts.]
Electrify generation. Electrify demand. Electrify infrastructure.
What will the Age of Electricity mean for (your country)?
Green Transition Scenarios 2026 report is designed for leaders making long-term decisions about:
- Energy and industrial strategy
- Power procurement and market exposure
- Infrastructure and investment
- Competitiveness and business location
- Energy security and resilience
- Technology and policy development
Download the report to explore the evidence, uncertainties and choices shaping the global energy system to 2050.
Electrify. Electrify. Electrify.
Download Green Transition Scenarios 2026
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