Energy demand is predicted to be Thirty percent higher by 2040 because of growing population in addition to a rising GDP, but coal use will peak and decline over this same period.
ExxonMobil (NYSE:XOM) published The Outlook for Energy: A View to 2040 on Thursday.
Coal currently generates 40 % of the world's electricity needs.
"The blend of fuels accustomed to produce electricity can change dramatically, however, as nations shift from coal favoring lower-carbon sources such as natural gas, which emit nearly 60 percent less CO2 than coal when useful for electricity generation. By 2040, 30 percent of the world's electricity is going to be produced using gas main, while need for coal will peak and experience its first long-term decline in modern history," writes the reports authors. new or used jaw crusher
Energy used the United States is anticipated to remain constant; however countries beyond the Organization for Economic Cooperation and Development, like China and India, will see energy demand rise 60%.
A result of the significant growth in population and higher GDP, energy output must be much higher, nevertheless the report states that innovations in efficiency will make up the shortfall.
"While global energy demand is predicted to rise by about coal crusher coal mill machine Thirty percent from 2010 to 2040, demand growth could well be approximately 4x that amount without projected gains in efficiency. Efficiency is the vital thing reason why energy demand will rise by directly about 1 percent 1 year on average while global GDP rises by nearly 3 % a year. It also is the reason why OECD energy demand will relatively unchanged through 2040 whilst its economic output nearly doubles."
ExxonMobil predicts that hybrid vehicles will help make up 50 percent of the cars people drive. iron ore processing plant for Australia So as you move the number of personal vehicles in the world will double, energy demand will stay flat. Commercial transportation, for example ships, airplanes and trucks, will rise over 70 percent.
"Demand for oil and also other liquid fuels will rise by nearly 30 percent, and most of this increase will likely be linked to transportation. An ever growing share from the supplies helpful to meet liquid-fuel demand will come from deepwater, oil sands, tight oil, gas main liquids and biofuels."
ExxonMobil (NYSE:XOM) published The Outlook for Energy: A View to 2040 on Thursday.
Coal currently generates 40 % of the world's electricity needs.
"The blend of fuels accustomed to produce electricity can change dramatically, however, as nations shift from coal favoring lower-carbon sources such as natural gas, which emit nearly 60 percent less CO2 than coal when useful for electricity generation. By 2040, 30 percent of the world's electricity is going to be produced using gas main, while need for coal will peak and experience its first long-term decline in modern history," writes the reports authors. new or used jaw crusher
Energy used the United States is anticipated to remain constant; however countries beyond the Organization for Economic Cooperation and Development, like China and India, will see energy demand rise 60%.
A result of the significant growth in population and higher GDP, energy output must be much higher, nevertheless the report states that innovations in efficiency will make up the shortfall.
"While global energy demand is predicted to rise by about coal crusher coal mill machine Thirty percent from 2010 to 2040, demand growth could well be approximately 4x that amount without projected gains in efficiency. Efficiency is the vital thing reason why energy demand will rise by directly about 1 percent 1 year on average while global GDP rises by nearly 3 % a year. It also is the reason why OECD energy demand will relatively unchanged through 2040 whilst its economic output nearly doubles."
ExxonMobil predicts that hybrid vehicles will help make up 50 percent of the cars people drive. iron ore processing plant for Australia So as you move the number of personal vehicles in the world will double, energy demand will stay flat. Commercial transportation, for example ships, airplanes and trucks, will rise over 70 percent.
"Demand for oil and also other liquid fuels will rise by nearly 30 percent, and most of this increase will likely be linked to transportation. An ever growing share from the supplies helpful to meet liquid-fuel demand will come from deepwater, oil sands, tight oil, gas main liquids and biofuels."
No comments:
Post a Comment