Reference: Data: New Edition of EIA’s International Energy Outlook Available
From the Energy Information Administration (EIA) Website:
World energy consumption is projected to increase by 48% over the next three decades, led by strong increases in the developing world—especially in Asia, according to International Energy Outlook 2016 (IEO2016), released today by the U.S. Energy Information Administration (EIA).
Rising incomes in China, India, and other emerging Asia economies are a key driver of the global energy outlook. “Developing Asia accounts for more than half of the projected increase in global energy use through 2040.” said EIA Administrator Adam Sieminski. “This increase will have a profound effect on the development of world energy markets.” Clean energy technologies play an important role in the outlook, with renewables expected to be the fastest-growing energy source.
IEO2016 presents updated projections for world energy markets through 2040. Outside of the United States, projections are based on current laws, regulations, and announced policies, where such indicators have historically been reliable guides. For the United States, the projections are generally based on existing laws and regulations but do not include the effects of the recently finalized Clean Power Plan (CPP) regulations. Published EIA analysis of the proposed version of the CPP shows potential significant reductions in U.S. coal consumption and increases in U.S. renewable consumption. Text, tables, and figures throughout IEO2016 address the CPP where it causes results to differ significantly from those in the IEO2016 Reference case.
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