Long-range change in energy supply mix seen

Journal Article · Mon Oct 08 04:00:00 EDT 1979 · Oil Gas J.; (United States)

OSTI ID:7153908

MacLeod, J

According to J. MacLeod (Shell Can. Ltd.) at the Canadian Conference on Coal (Banff, Alberta 1979), long-range energy supply will come from coal, nuclear, and renewable sources, although oil and gas will continue to provide the biggest share of energy supply in the 21st century. From 1950 to 1977, coal's share of energy supply decreased from approx. 50 to approx. 18Vertical Bar3< and oil's share increased from approx. 30 to 55.Vertical Bar3<. It is possible that coal could double its share of the world energy market by 2050. Natural gas and hydroelectric power will decline in market share, but will increase in absolute terms. OPEC will continue to supply an important portion of world energy consumption. OPEC now accounts for approx. 60Vertical Bar3<, or approx. 30 million bbl/day, of non-Communist oil production. At current consumption rates, known coal reserves will last 235 yr, compared with oil reserves, which will last only 29 yr. MacLeod warned that a greatly accelerated program of transportation construction and mines development will be needed if coal is to be a major source of energy.

• Research Organization: Shell Can. Ltd.
• OSTI ID: 7153908
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 77:41; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning &amp; Policy-- Supply
Demand &amp; Forecasting
AVAILABILITY
DOCUMENT TYPES
ENERGY SOURCES
ENERGY SUPPLIES
FORECASTING
MEETINGS
PLANNING
REVIEWS