One U. S. economist's analysis: World energy demand

Journal Article · Tue May 31 00:00:00 EDT 1994 · Energy Detente; (United States)

OSTI ID:6866688

While petroleum is expected to lose share to natural gas, coal, and nuclear energy sources in the future, oil is expected to continue to be the dominant fuel source for the long term. In its recently published World Energy Outlook, the International Energy Agency (IEA) projects that world total primary energy demand is expected to grow at an average annual rate of 2.1% through 2010. Most of the energy growth is expected to occur outside the Organization for Economic Cooperation and Development (OECD), representing most of the industrialized nations. The countries that are expected to show the largest grains in energy demand are in Asia, with China alone making up 21% of the world increase between 1991 and 2010. The former Soviet Union and Central and Eastern European countries have the effect of lowering the world energy demand figures in the projection. Natural gas demand is projected to increase an average of 2.4% per year between 1991 and 2010, slightly more than oil. By 2010, the share of petroleum of total energy demand will fall to just below 40%, followed by solids (including coal and biomass) and natural gas. The growth in natural gas demand ha been, and will continue to be, local phenomena.

• OSTI ID: 6866688
• Journal Information: Energy Detente; (United States), Vol. 15:10
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
ENERGY DEMAND
FORECASTING
GLOBAL ASPECTS
HYDROELECTRIC POWER
NUCLEAR POWER
DEMAND
ELECTRIC POWER
ENERGY SOURCES
POWER
RENEWABLE ENERGY SOURCES
292000* - Energy Planning & Policy- Supply
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294000 - Energy Planning & Policy- Fossil Fuels