Sunday, September 25, 2011

2035 World Energy Use Projections

Steve Hargreaves of CNN/Money has reviewed the Energy Information Administration’s projects for energy use in 2035. Those projections show that at that time, the following fuels will be in use worldwide:

Nuclear 7%
Renewables 14%
Natural Gas 23%
Coal 27%
Oil 29%

Global energy use overall is expected to be 53% higher than it is today, particularly because of growth expected in China and India in energy consumption. This exceeds last year’s prediction of an increase of 49%. Developing nations currently use slightly more energy than the developed countries, according to the Energy Information Administration; in 2035, the energy use in the developing countries is expected to double. The report expects strong capital inflows and high commodity prices to fuel the rapid rise of energy consumption in the developing world.

The agency expects renewable sources to grow, with most of that growth coming from wind and hydropower. Another projection shows nuclear energy going from 5% to 7%, with nearly all that increase due to plants planned for China. The development of shale gas drilling techniques will increase the total amount used by natural gas in 2035.

Summarized from:

http://money.cnn.com/2011/09/19/markets/global_energy_use/index.htm?hpt=hp_t2

The full report from the Energy Information Administration [part of the US Department of Energy] is available at:

http://www.eia.gov/forecasts/ieo/more_highlights.cfm
= = = = = = = = = = = = = = = = = = = = = =

Comments by the blog author on the full report

The full report shows some interesting trends. In absolute kilowatts, the biggest increase will be in the use of natural gas, although conventional gas extraction will decrease—fracking will more than make up the difference.

By a small margin, Europe will remain the biggest producer and user of energy in 2035, even with North and South American use projections combined to a single figure.

Coal will fare well in the years leading to 2035, secure in second place and moving closer to the leading source, liquid fuels.

Liquid fuel consumption includes the sectors of electrical power production, buildings, industrial use and transportation. Transportation will remain the dominant use of liquid fuels and become slightly stronger as a percentage of increased liquid fuel use in 2035.

There will be a phenomenal increase in the production of natural gas from unconventional sources within the United States in 2035. Unconventional production in Canada and China will also boom.

The use of coal in Asia outside developed OECD countries (such as Japan) will skyrocket, though coal use in the OECD and the rest of the world will remain flat compared to 2008.

Worldwide, coal will remain the biggest single energy source for electricity production. Natural gas will remain the second biggest fuel source for electricity.

Renewables will play a part of worldwide energy in 2035, but remain a small fraction of total energy production.

No comments:

Post a Comment