In its newly launched International Energy Outlook 2019, the U.S. Energy Information Administration (EIA) initiatives that world power consumption will develop by practically 50% between 2018 and 2050. Most of this development comes from international locations that aren’t within the Organization for Economic Cooperation and Development (OECD), and this development is targeted in areas the place robust financial development is driving demand, significantly in Asia.
The industrial sector, which incorporates refining, mining, manufacturing, agriculture, and building, 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 models (Btu).
Transportation power consumption will increase by practically 40% between 2018 and 2050. This enhance is basically pushed by non-OECD international locations, the place transportation power consumption will increase practically 80% between 2018 and 2050. Energy consumption for each private journey and freight motion grows in these international locations rather more quickly than in lots of OECD international locations.
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 revenue, urbanization, and elevated entry to electrical energy result in rising demand for power.
The development in end-use consumption leads to electrical energy technology rising 79% between 2018 and 2050. Electricity use grows within the residential sector as rising inhabitants and requirements of dwelling in non-OECD international locations enhance the demand for home equipment and private gear. Electricity use additionally will increase within the transportation sector as plug-in electrical automobiles enter the fleet and electrical energy use for rail expands.
Global pure gasoline consumption will increase greater than 40% between 2018 and 2050, and whole consumption reaches practically 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)
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