International Energy Outlook 2016

International Energy Outlook 2016

May 2016 | U.S. Energy Information Administration
The *International Energy Outlook 2016* (IEO2016) is a comprehensive report prepared by the U.S. Energy Information Administration (EIA) that projects global energy demand and supply trends through 2040. The report is divided into several sections, including world energy demand and economic outlook, energy consumption by fuel type, electricity, and sector-specific energy use. Key findings include: 1. **World Energy Demand and Economic Outlook**: Total world energy consumption is projected to increase by 48% from 2012 to 2040, driven by strong economic growth, particularly in non-OECD countries. Non-OECD Asia, including China and India, will account for more than half of the world's total increase in energy consumption. 2. **Energy Consumption by Fuel Type**: Renewable energy is the fastest-growing energy source, with an average annual increase of 2.6% from 2012 to 2040. Natural gas is the second fastest-growing energy source, with an average annual increase of 2.3%. Fossil fuels, despite their slower growth, still account for 78% of energy use in 2040. 3. **Electricity**: Global net electricity generation is projected to increase by 69% from 2012 to 2040. Renewable energy, natural gas, and nuclear power are the fastest-growing sources of electricity generation. Coal's share of generation is expected to decline as environmental policies reduce its use. 4. **Sector-Specific Energy Use**: - **Residential and Commercial Buildings**: Energy consumption in these sectors is projected to grow at an average annual rate of 1.4% to 1.6% from 2012 to 2040. - **Industrial Sector**: The industrial sector accounts for more than half of total delivered energy use and is expected to grow at an average annual rate of 1.2% to 1.5%. - **Transportation Sector**: Energy consumption in the transportation sector is projected to increase by 1.4% annually, with most growth occurring in developing, non-OECD economies. 5. **World Carbon Dioxide Emissions**: Energy-related CO2 emissions are expected to rise by 34% from 2012 to 2040, with non-OECD emissions increasing by about 51% and OECD emissions by about 9%. The IEO2016 projections are based on current policies and do not include the potential effects of new policies, such as the U.S. Clean Power Plan, which could significantly reduce coal consumption and increase renewable energy use.The *International Energy Outlook 2016* (IEO2016) is a comprehensive report prepared by the U.S. Energy Information Administration (EIA) that projects global energy demand and supply trends through 2040. The report is divided into several sections, including world energy demand and economic outlook, energy consumption by fuel type, electricity, and sector-specific energy use. Key findings include: 1. **World Energy Demand and Economic Outlook**: Total world energy consumption is projected to increase by 48% from 2012 to 2040, driven by strong economic growth, particularly in non-OECD countries. Non-OECD Asia, including China and India, will account for more than half of the world's total increase in energy consumption. 2. **Energy Consumption by Fuel Type**: Renewable energy is the fastest-growing energy source, with an average annual increase of 2.6% from 2012 to 2040. Natural gas is the second fastest-growing energy source, with an average annual increase of 2.3%. Fossil fuels, despite their slower growth, still account for 78% of energy use in 2040. 3. **Electricity**: Global net electricity generation is projected to increase by 69% from 2012 to 2040. Renewable energy, natural gas, and nuclear power are the fastest-growing sources of electricity generation. Coal's share of generation is expected to decline as environmental policies reduce its use. 4. **Sector-Specific Energy Use**: - **Residential and Commercial Buildings**: Energy consumption in these sectors is projected to grow at an average annual rate of 1.4% to 1.6% from 2012 to 2040. - **Industrial Sector**: The industrial sector accounts for more than half of total delivered energy use and is expected to grow at an average annual rate of 1.2% to 1.5%. - **Transportation Sector**: Energy consumption in the transportation sector is projected to increase by 1.4% annually, with most growth occurring in developing, non-OECD economies. 5. **World Carbon Dioxide Emissions**: Energy-related CO2 emissions are expected to rise by 34% from 2012 to 2040, with non-OECD emissions increasing by about 51% and OECD emissions by about 9%. The IEO2016 projections are based on current policies and do not include the potential effects of new policies, such as the U.S. Clean Power Plan, which could significantly reduce coal consumption and increase renewable energy use.
Reach us at info@study.space
Understanding International Energy Outlook 2016 With Projections to 2040