News
WEO shows rising energy demand to 2030
But world energy resources are adequate to meet this sustained growth trend because global oil reserves today exceed the cumulative projected production to 2030, IEA said. This optimistic outlook, however, is based on a reference scenario that IEA describes as "unsustainable."
Under that reference scenario, primary world energy demand increases by an average rate of 1.6%/year, with fossil fuels accounting for 83% of the projected increase. By 2030, the world consumes 16.3 billion tonnes of oil equivalent (toe)/year5.5 billion toe more than it does todaywith more than two thirds of energy use coming from developing countries.
November 15, 2005
by Doris Leblond
in ogj.pennnet.com
PARIS, Nov. 15 -- If governments stick to current policies, world energy needs will be more than 50% higher in 2030 than they are today, warned Paris-based International Energy Agency in its recently released World Energy Outlook 2005 (WEO 2005).
But world energy resources are adequate to meet this sustained growth trend because global oil reserves today exceed the cumulative projected production to 2030, IEA said. This optimistic outlook, however, is based on a reference scenario that IEA describes as "unsustainable."
Under that reference scenario, primary world energy demand increases by an average rate of 1.6%/year, with fossil... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.