Renewables

The Future of Power Generation

Chart

Apr 27, 2021

Renewables and natural gas together are expected to be the future of power generation

We believe relying on renewables alone will not get us to the goal of net-zero carbon emissions by 2050 in a resilient, reliable and affordable way. Renewables, without meaningful storage solutions, are intermittent power sources that require help from other fuel sources to cost-effectively meet peak energy demand. Natural gas is the cleanest alternative from a traditional energy perspective, and renewables and natural gas together represent the cleanest generation mix.

We believe this combination will enable the energy industry to decarbonize in a reliable and cost-effective way, with the two sources poised to make up 80% of global electricity production by 2050. (See the chart above.) As the world makes the transition to a cleaner power generation mix, we see this energy evolution representing a multifaceted, multi-decade opportunity for listed infrastructure investors.

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