Welcome: FOSHAN BANDON NEW ENERGY TECHNOLOGY CO., LTD.
Home      News       U.S. Department of Energy Releases Energ…

News

U.S. Department of Energy Releases Energy Demand Forecast Report

A forecast report released by the U.S. Department of Energy on the 20th stated that the proportion of oil in global energy demand will decrease in the next 20 years, while the proportion of coal, natural gas and renewable fuels will increase.

A forecast report released by the U.S. Department of Energy's Energy Information Administration that day stated that by 2030, oil's share of global energy demand will drop from 38% in 2003 to 33%; while coal's share will rise from 24% to 27%; natural gas's share The proportion will rise from 24% to 26%; the proportion of renewable fuels such as ethanol will rise from 8% to 9%.

However, the report also pointed out that by 2030, global daily demand for crude oil will still increase significantly, and is expected to rise from the current 85 million barrels to 118 million barrels. Crude oil demand from the United States, China, and India will account for more than half of the total. . The report also said that by 2030, crude oil production by oil-producing countries outside the Organization of the Petroleum Exporting Countries (OPEC) will increase by 24 million barrels per day.

The report predicts that by 2030, the annual global demand for electricity will double from 2003 to 30.116 trillion kilowatt hours; the demand for coal and natural gas will also double, with global annual demand for coal rising to 10.561 billion short tons and demand for natural gas. Volume will rise to 182 trillion cubic feet.

While energy demand is rising significantly, carbon dioxide emissions will also rise significantly. The report predicts that by 2030, global annual carbon dioxide emissions will increase by 75% compared with 2003, reaching 43.7 billion tons.