The International Energy Agency’s annual report, World Energy Outlook, was released yesterday – predicting that demand for energy will grow by nearly a third between 2013 and 2040. This pattern will be driven by increasing demand from developing states.
The report predicts that while China’s coal use will plateau, India’s energy demands will surge as the country’s economy expands, population grows and energy usage per capita increases. In 2012, the World Bank measured India’s per capita electricity usage as 744 kWh/p. For comparison, China’s was 3,475 kWh/p and the United States’ was 12,954 kWh/p.
Other states in Asia, Africa and South America will further raise global demand for energy.