In its newly launched International Energy Outlook 2019, the U.S. Energy Information Administration (EIA) initiatives that world power consumption will develop by almost 50% between 2018 and 2050. Most of this progress comes from nations that aren’t within the Organization for Economic Cooperation and Development (OECD), and this progress is concentrated in areas the place sturdy financial progress is driving demand, notably in Asia.
The industrial sector, which incorporates refining, mining, manufacturing, agriculture, and development, accounts for the most important share of power consumption of any end-use sector—greater than half of end-use power consumption all through the projection interval. World industrial sector power use will increase by greater than 30% between 2018 and 2050 as consumption of products will increase. By 2050, international industrial power consumption reaches about 315 quadrillion British thermal items (Btu).
Transportation power consumption will increase by almost 40% between 2018 and 2050. This enhance is basically pushed by non-OECD nations, the place transportation power consumption will increase almost 80% between 2018 and 2050. Energy consumption for each private journey and freight motion grows in these nations far more quickly than in lots of OECD nations.
Energy consumed within the buildings sector, which incorporates residential and business buildings, will increase by 65% between 2018 and 2050, from 91 quadrillion to 139 quadrillion Btu. Rising earnings, urbanization, and elevated entry to electrical energy result in rising demand for power.
The progress in end-use consumption leads to electrical energy era rising 79% between 2018 and 2050. Electricity use grows within the residential sector as rising inhabitants and requirements of residing in non-OECD nations enhance the demand for home equipment and private gear. Electricity use additionally will increase within the transportation sector as plug-in electrical autos enter the fleet and electrical energy use for rail expands.
Global pure fuel consumption will increase greater than 40% between 2018 and 2050, and whole consumption reaches almost 200 quadrillion Btu by 2050.
Global liquid fuels consumption will increase greater than 20% between 2018 and 2050, and whole consumption reaches greater than 240 quadrillion Btu in 2050.
(Source and picture: EIA)

The submit EIA PROJECTS 50% INCREASE IN WORLD ENERGY CONSUMPTION BY 2050 appeared first on Energy Global News.

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