Page 3 - Money in Energy
P. 3
Money in energy -Investment Opportunities and risks 2010
1. World Energy Demand and Economic Outlook
In the IEO2009 projections, total world consumption of marketed energy is
projected to increase by 44 percent from 2006 to 2030. The largest projected
increase in energy demand is for
the non-OECD economies.
The current economic downturn
dampens world demand for energy
in the near term, as manufacturing
and consumer demand for goods
and services slow. IEO2009
assumes, however, that most
nations will begin to return to
trend growth within the next 12 to
24 months. OECD member
countries for the most part, have the world’s most established energy
infrastructures. In combination, they account for the largest share of current
world energy consumption. The situation is expected to change with more rapid
growth in energy demand in
emerging non-OECD economies. In
2006, 51 percent of world energy
consumption was in the OECD
economies; but in 2030 their share
falls to 41 percent in the reference
case. OECD energy use grows slowly
over the projection period,
averaging 0.6 percent per year, as
compared with 2.3 percent per year
for the emerging non-OECD economies (Figure 11). China and India are the
fastest-growing non-OECD economies, and they will be key world energy
consumers in the future. Since 1990, energy consumption as a share of total
world energy use has increased significantly in both countries. China and India
3 Etree Projects Consultants Pvt Ltd.
1. World Energy Demand and Economic Outlook
In the IEO2009 projections, total world consumption of marketed energy is
projected to increase by 44 percent from 2006 to 2030. The largest projected
increase in energy demand is for
the non-OECD economies.
The current economic downturn
dampens world demand for energy
in the near term, as manufacturing
and consumer demand for goods
and services slow. IEO2009
assumes, however, that most
nations will begin to return to
trend growth within the next 12 to
24 months. OECD member
countries for the most part, have the world’s most established energy
infrastructures. In combination, they account for the largest share of current
world energy consumption. The situation is expected to change with more rapid
growth in energy demand in
emerging non-OECD economies. In
2006, 51 percent of world energy
consumption was in the OECD
economies; but in 2030 their share
falls to 41 percent in the reference
case. OECD energy use grows slowly
over the projection period,
averaging 0.6 percent per year, as
compared with 2.3 percent per year
for the emerging non-OECD economies (Figure 11). China and India are the
fastest-growing non-OECD economies, and they will be key world energy
consumers in the future. Since 1990, energy consumption as a share of total
world energy use has increased significantly in both countries. China and India
3 Etree Projects Consultants Pvt Ltd.