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Repsol as an investment

Megatrends as drivers of growth

Megatrends as drivers of growth

Energy consumption has increased at a record rate in recent years. This increase has been driven by a number of social trends that is now calling for the evolution of the energy industry to meet the growing energy demand and ensure its supply.
  • People icon

    Increasing world population

    It is projected to reach 9.2 billion by 2040 (+1.7 billion), driven by emerging countries.
  • Lightbulb icon

    Greater access to electricity

    By 2040, 92% of the world population will have access to electricity compared to the 87% that currently has access to it.
  • People and magnifying class icon

    Expanding middle class in Asia

    Asia's middle class is expected to grow from 500 million in 2009 to over 3.2 billion by 2030.
  • Elderly man icon

    Ageing population

    The effect of age involves decreased mobility and a change in energy consumption patterns.
  • Electric stove top icon

    Reduced biomass usage

    Currently, 2.7 billion people depend on biomass to cook, which is expected to decrease to 1.8 billion by 2040.
  • Building icon

    Higher urbanization rate

    It will grow from 55% in 2017 to 64% by 2040 with impacts such as greater pollution. Nearly 90% of this increase will be in Asia and Africa.
  • World icon

    Geopolitical instability

    Political turmoil will have an impact on the world due to tensions between the world's leading powers.
  • Microscope icon

    Technological breakthroughs

    Technology will play a key role in decarbonization and the energy transition.

A key player in the energy transition

Our objective is to anticipate megatrends and advance in the energy transition, while reducing the emissions from our operations, in line with the Company's commitment to fighting climate change. Repsol's strategy is based on four key pillars to take on the main challenges facing the energy industry.