World energy use projected to grow 44% between 2006 and 2030

International MiningThis 44% growth will be driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 (IEO2009) released by the Energy Information Administration (EIA). The current global economic downturn will dampen world energy demand in the near term, as manufacturing and consumer demand for goods and services slows. However, with economic recovery anticipated to begin within the next 12 to 24 months, most nations are expected to see energy consumption growth at rates anticipated prior to the recession. Total world energy use rises from 472 quadrillion Btu in 2006 to 552 quadrillion Btu in 2015 and then to 678 quadrillion Btu in 2030. (more…)

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