Thank you for the question.
In our energy futures report, we have four different scenarios.
The amount of demand growth is endogenous and is a result of the kind of bottom-up construction scenario we've done. What we see, as I mentioned in my opening remarks, depending on the scenario, is that demand goes up by 30% to 120% above 2023 levels by 2050.
We model how the electricity grid responds, based on assumptions around such things as costs of different generation technologies, the efficiencies of those technologies and so on.