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WEMO

World Energy Markets Observatory 2024 | 26th Edition

We are not on the right trajectory to meet the Paris Agreement’s objectives. What should we do?

While renewable energy sources reached record highs for the 22nd consecutive year, global energy-related greenhouse gas emissions also rose, reminding us that the path to a sustainable future remains steep. In Capgemini’s 26th World Energy Markets Observatory (WEMO), we delve deep into the most pressing trends shaping the future of energy, offering critical insights for businesses, policymakers, and stakeholders navigating this complex landscape.

“The world remains off-track to meet the Paris Agreement’s target of limiting global temperature rise to 1.5°C. In this year’s WEMO we explore key factors influencing the future of energy markets, including the impact of political shifts, private and public investments, and technology deployment at scale.”

James Forrest
Group Industry Leader for Energy Transition and Utilities at Capgemini

Explore in-depth articles on a range of topics

Global outlook
Renewables
Gen AI
Batteries
Net zero pathway
Primary energy demand
Demand side energy transition​
Hydrogen
Data centre
decarbonization​
SMRs
Electricity consumption in Europe​
Geopolitical impacts
Industrial heat
Permitting
IRA impact
Regional and market data

WEMO 2024 findings 1: Geopolitical situation

WEMO 2024 key findings 2: Tech progress

WEMO 2024 key findings 3: Paris Agreement

WEMO 2024: Conclusions & recommendations

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