Energy Transition

This video shows how the energy mix for the G20 has changed over the years

global energy mix

Higher oil prices in the 1980s caused countries like France, Japan, and the U.S. to tilt their energy mix to nuclear. Image: REUTERS/Robert Pratta

  • Over the last 50 years, the energy mix of G20 countries has changed a lot.
  • From the 1960s to the 1980s, the G20 countries relied almost entirely on oil and coal.
  • Higher oil prices in the 1980s caused greater reliance on coal and natural gas, while countries like France, Japan, and the U.S. turned to nuclear.
  • Since the UN Convention on Climate Change, signed in 1992, and the Kyoto Protocol came into affect, more energy has come from renewable sources.
  • By 2019, the G20 members that relied on renewables the most were Brazil at 16%, Germany at 16% and the UK 14%.
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Visualizing 50+ years of the G20’s energy mix (1965–2019)

Over the last 50 years, the energy mix of G20 countries has changed drastically in some ways.

With many countries and regions pledging to move away from fossil fuels and towards cleaner sources of energy, the overall energy mix is becoming more diversified. But shutting down plants and replacing them with new sources takes time, and most countries are still incredibly reliant on fossil fuels.

This video from James Eagle uses data from BP’s Statistical Review of World Energy to examine how the energy mix of G20 members has changed from 1965 to 2019.

G20’s energy mix history: fossil fuel dependence (1965–1999)

At first, there was oil and coal.

From the 1960s to the 1980s, energy consumption in the G20 countries relied almost entirely on these two fossil fuels. They were the cheapest and most efficient sources of energy for most, though some countries also used a lot of natural gas, like the United States, Mexico, and Russia.

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From the 1960s to the 1980s, energy mix in the G20 countries almost entirely comprised of these two fossil fuels.
From the 1960s to the 1980s, energy mix in the G20 countries almost entirely comprised of these two fossil fuels. Image: Visual Capitalist

You can explore the full list of G20 countries energy mix, here.

But the use of oil for energy started to decrease, beginning most notably in the 1980s. Rocketing oil prices forced many utilities to turn to coal and natural gas (which were becoming cheaper), while others in countries like France, Japan, and the U.S. embraced the rise of nuclear power.

This is most notable in countries with high historic oil consumption, like Argentina and Indonesia. In 1965, these three countries relied on oil for more than 83% of energy, but by 1999, oil made up just 55% of Indonesia’s energy mix and 36% of Argentina’s.

Even Saudi Arabia, the world’s largest oil exporter, began to utilize oil less. By 1999, oil was used for 65% of energy in the country, down from a 1965 high of 97%.

G20’s energy mix: gas and renewables climb (2000–2019)

The conversation around energy changed in the 21st century. Before, countries were focused primarily on efficiency and cost, but very quickly, they had to start contending with emissions.

Climate change was already on everyone’s radar. The UN Framework Convention on Climate Change was signed in 1992, and the resulting Kyoto Protocol aimed at reducing greenhouse gas emissions was signed in 1997.

But when the Kyoto Protocol went into effect in 2005, countries had very different options available to them. Some started to lean more heavily on hydroelectricity, though countries that already utilized them like Canada and Brazil had to look elsewhere. Others turned to nuclear power, but the 2011 Fukushima nuclear disaster in Japan turned many away.

This is the period of time that renewables started to pick up steam, primarily in the form of wind power at first. By 2019, the G20 members that relied on renewables the most were Brazil (16%), Germany (16%), and the UK (14%).

a chart showing modern day energy mix by country
A chart showing modern day energy mix by country Image: Visual Capitalist

You can explore the full list of G20 countries energy mix, here.

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What's the World Economic Forum doing about the transition to clean energy?

However, the need to reduce emissions quickly made many countries make a simpler switch: cut back on oil and coal and utilize more natural gas. Bituminous coal, one of the most commonly used in steam-electric power stations, emits 76% more CO₂ than natural gas. Diesel fuel and heating oil used in oil power plants emit 38% more CO₂ than natural gas.

As countries begin to push more strongly towards a carbon-neutral future, the energy mix of the 2020s and onward will continue to change.

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