annual energy outlook

 

The Energy Information Administration's Annual International Energy Outlook 2011 is out. Below are key figures:

Developed nations and non-developed nations today consume the same amount of energy. By 2035, the consumption of developed nations would have increased by less than 15%, whereas the others would have increased by 80%.

While the Middle East would increase its natural gas production by 15 tcf by 2035, others including Australia, South America and so on would have increased theirs by 335 tcf. Natural gas production is diversifying and new fields will be exploited. This includes shale gas resources in the US.

Energy derived from coal would increase by 10% in North America by 2035. This may be due to the use of more efficient processes, and not necessarily increased coal usage and greenhouse gas emissions. India, China and other developing Asian countries will double their energy from coal by 2035, consuming five times more than North America.

By 2035, energy from biomass, waste tidal/ocean power will be five times as much as energy derived from either solar or geothermal. But the capacity of each renewable source will increase four fold. 

Finally, carbon emissions are projected to increase by 5% in developed nations but 60% in developing nations including India and China by 2035. The emissions of developing nations which were neck to neck in 2005 with OECD countries will be double that of OECD by 2035.