23 With power demand projected to grow strongly, renewables alone will not be sufficient to meet all incremental power demand while also displacing ageing thermal capacity. Where renewables build out is unable to keep pace with demand growth, alternative sources of generation will be required (such as nuclear and gas) which will also help provide firm power capacity. New thermal gas capacity will also be needed to supply additional flexibility to a power system with a growing share of intermittent renewables supplies. Overall, renewables, nuclear and gas are all projected to see growing demand to 2050. See Fig. 9 As the different structural drivers of power demand across regions vary, so does the optimal power capacity mix. The Global North will increasingly need reliable dispatchable electricity to run 24/7 data center loads, while in the Global South the first priority is accessing enough electricity to power progress. That means scalable renewables and battery installation - which can easily be deployed in lockstep with demand - providing an efficient solution. An “and - and” approach is needed to meet power consumption Figure 9 Unattributed quote Power Demand By Sector Thousand TWh Power Demand By Fuel Thousand TWh +92% Green Hydrogen CCS Transport Data Centers Industry Building 2010 2025 2035 2050 ector Power Demand By Fuel Thousand TWh 92% 2010 2025 2035 2050 2050 3% 27% 33% 9% 8% 14% 7% Coal Oil Nuclear Gas Hydro Wind Solar Other We are doubling our power system in less than ten years. We’ve built a unified energy and water platform that integrates regulators, producers, and customers — giving us the data to design policies that are secure, affordable, and fast.