McKinsey, Global Consulting Firm, States That Demand for Sustainable Fuels Is Expected to Triple By 2050, Driven by Transportation Decarbonization

Written by Ruth Rodrigues

Published on 25/07/2022 at 12:25

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McKinsey Consulting Conducted Research on Sustainable Fuel Consumption Until 2050 and Indicated That Demand Is Expected to Triple During This Period Due to the Need for Decarbonization in the Transportation Sector.

After the release of the results of its study on sustainable fuel consumption until 2050, McKinsey Consulting has, on this Monday (07/25), a positive outlook for the years ahead. This is because the data shows that, due to the need for decarbonization in the transportation sector, especially in road transport, the demand for this type of resource could reach triple by the end of 2050, particularly highlighting green diesel (HVO), bioethanol, and synthetic fuels.

McKinsey Consulting Conducts Research on Sustainable Fuel Consumption in the Coming Years and Projects Significant Increase in Demand for Resources

McKinsey Consulting is focusing its studies on future projections for the use of sustainable fuels in the transportation sector and has released a report with the projected data for the year 2050. The data indicates that the growth in the share of sustainable fuels in transportation energy demand could reach 7% to 37%, depending on the levels of climate ambition among countries.

Thus, the demand for sustainable fuels could increase to triple by the end of 2050, mainly due to the strong debate surrounding the use of these resources in the quest for decarbonization of the transportation sector, focusing on aviation, one of the most challenging to decarbonize.

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Sustainable Fuels Will Positively Contribute in the Short Term to Reducing Pollutant Emissions in the Transportation Sector Worldwide

In addition to analyzing the future scenario for 2050 and a medium-term scenario in 2035, McKinsey Consulting also pointed out that sustainable fuels will be essential for contributing in the short term to the sustainability plans of countries.

This is because they will help countries meet their greenhouse gas (GHG) emission reduction targets, while the electrification of transportation will need a few more years to consolidate.

“Even in a world with rapid adoption of electric vehicles — where they account for about 75% of total vehicle sales by 2030 — meeting regulatory GHG reduction targets for transportation may require a significant contribution from sustainable fuels. Before electrification is completed, achieving GHG reduction targets in most countries will require the use of sustainable fuels (both bio-based and synthetic) directly in existing fleets,” states McKinsey’s study.

This is because the basic electrification of light-duty vehicles, such as cars and smaller trucks, is already quite established worldwide, but there is still a long way to go regarding large vehicles, such as larger trucks and buses.

McKinsey, Global Consulting Firm, States That Demand for Sustainable Fuels Is Expected to Triple By 2050, Driven by Transportation Decarbonization

McKinsey Consulting Conducted Research on Sustainable Fuel Consumption Until 2050 and Indicated That Demand Is Expected to Triple During This Period Due to the Need for Decarbonization in the Transportation Sector.

McKinsey Consulting Conducts Research on Sustainable Fuel Consumption in the Coming Years and Projects Significant Increase in Demand for Resources

Sustainable Fuels Will Positively Contribute in the Short Term to Reducing Pollutant Emissions in the Transportation Sector Worldwide

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McKinsey, Global Consulting Firm, States That Demand for Sustainable Fuels Is Expected to Triple By 2050, Driven by Transportation Decarbonization

McKinsey Consulting Conducted Research on Sustainable Fuel Consumption Until 2050 and Indicated That Demand Is Expected to Triple During This Period Due to the Need for Decarbonization in the Transportation Sector.

McKinsey Consulting Conducts Research on Sustainable Fuel Consumption in the Coming Years and Projects Significant Increase in Demand for Resources

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A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

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