RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-10-11 11:50:00

GLOBAL ENERGY CONSUMPTION WILL UP BY 50%

GLOBAL ENERGY CONSUMPTION WILL UP BY 50%

U.S. EIA - OCTOBER 7, 2021 - In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and other liquid fuels will remain the world’s largest energy source in 2050, renewable energy sources, which include solar and wind, will grow to nearly the same level.

Falling technology costs and government policies that provide incentives for renewables will lead to the growth of renewable electricity generation to meet growing electricity demand. As a result, renewables will be the fastest-growing energy source for both OECD and non-OECD countries. We project that coal and nuclear use will decrease in OECD countries, although the decrease will be more than offset by increased coal and nuclear use in non-OECD countries.

We project that global use of petroleum and other liquids will return to pre-pandemic (2019) levels by 2023, driven entirely by growth in non-OECD energy consumption. We do not project OECD liquid fuel use to return to pre-pandemic levels at any point in the next 30 years, in part because of increased fuel efficiency.

We project that the industrial sector will increasingly consume petroleum liquids as feedstock in the expanding chemicals industry. In OECD countries, liquid fuel consumption in the industrial sector will grow three times as fast as liquid fuel consumption in the transportation sector.

Delivered electricity consumption will grow the most in the residential end-use sector. We project that in non-OECD countries, electricity will account for more than half of the energy used in households by 2050, compared with 33% in 2020. In non-OECD commercial buildings, we project that electricity will make up an even larger share of energy consumption in 2050, at 64%.

Globally, we project increased consumption of natural gas through 2050. The industrial sector is the main contributor to the growth in global natural gas consumption through 2050 in our Reference case, largely in non-OECD countries. Across OECD countries, gains in energy efficiency will reduce household natural gas use by 2050. The industrial sector will use the largest share of both natural gas and coal among all end-use sectors. Industrial coal use will expand fastest in non-OECD countries, where energy-intensive industries such as iron and steel production are expanding more quickly than in OECD countries.

-----


Earlier:

GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, July, 5, 13:25:00
GLOBAL GAS DEMAND UP
“Natural gas demand is set to rebound strongly in 2021 and will keep rising further if governments do not implement strong policies to move the world onto a path towards net-zero emissions by mid-century,” the IEA said in its latest gas outlook.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 23, 11:25:00
GLOBAL POWER SYSTEM EVOLUTION
No one can predict precisely what the electricity system will look like several decades from now.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 22, 12:25:00
GLOBAL ENERGY BALANCE CHANGING
This energy imbalance is “the most fundamental metric defining the status of global climate change,” scientists said in a 2016 Nature Climate Change article.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 10, 13:00:00
GLOBAL LNG MARKET CHANGES
In Asia, net-zero carbon ambitions will likely require US LNG to arrive in the form of certified low- or carbon-neutral cargoes,
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 10, 12:55:00
GLOBAL CLEAN ENERGY TRANSITION
"There is public demand across the planet to take better care of the climate situation and have fewer emissions and more environmental responsibility in the energy sector. This process is inevitable but a lot depends on the pace at which it is to be implemented," he said.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 8, 14:05:00
GLOBAL OIL, GAS DEFICIT
Sechin urged the industry to prepare for oil demand recovery in the wake of the pandemic and said that while new waves of the pandemic may slow down the recovery process, they will not stop it.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 8, 13:50:00
GLOBAL CLIMATE CHANGE PLAN
First do everything you can to reduce your power usage then right size your renewal energy.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2021, June, 4, 12:10:00
GLOBAL ENERGY INVESTMENT WILL UP TO $1.9 TLN
In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.
All Publications »
Tags: ENERGY, CONSUMPTION
Chronicle:
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 26, 12:19:00
TRANSPORTATION OIL AND GAS CONGRESS, 21th-22th of February, 2022
Business and Technical Views On The Market At The Transportation Oil and Gas Congress 2022
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 26, 12:15:00
HYDROPOWER FOR ECUADOR 2.4 GW $6.7 BLN
The Santiago project would comprise eight power generation units, with 304.10 MW Francis-type turbines and would require US$3bn of private investments for a total budget of US$6.7bn.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 25, 13:10:00
OIL PRICE: NOT ABOVE $88
Brent rose 61 cents, or 0.7%, to $86.88 a barrel, WTI climbed 44 cents, or 0.5%, to $83.75 a barrel.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 25, 13:05:00
RUSSIAN SMR NUCLEAR
Small Modular Reactors Day was an international platform for discussing the benefits of Small Modular Reactors, the prospects for their development and how this technology can be applied around the world.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 25, 13:00:00
U.S. NUCLEAR FOR POLAND
The MoUs - signed in both Gdańsk and Westinghouse's office in Warsaw - include cooperation on the possible construction of six AP1000 plants for the Polish nuclear power plant programme.
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 25, 12:55:00
SPAIN ENERGY PRICES UP
Energy costs drove most of the increase, with a 95.9% jump in December from a year earlier,
GLOBAL ENERGY CONSUMPTION WILL UP BY 50%
2022, January, 25, 12:50:00
CHINA SOLAR POWER +53 GW
The country's total solar capacity reached 306 GW at the end of the year, with 107.5 GW of distributed solar (+29 GW in 2021, i.e., around 55% of all new solar PV capacity added in 2021).
All Publications »