An exploding global demand, a growing market in Asia, a threatened Oil industry: According to the International energy Agency IEA experienced the energy industry-the “most dramatic change” since their formation.
Maintenance work on power lines in the Chinese Zhoushan
In your in London published annual Outlook, the International energy Agency predicts a strong growth in global energy demand over the next two decades. By 2040, the global demand will increase by more than 25 percent. This applies however only, if the governments keep their promise to put, for example, more energy-efficient technologies. Otherwise, the energy demand could be fast by more than half to the top. The industry experience the “most dramatic change since its founding more than a century,” says the expert.
The reason for the higher demand, especially an expected rise in world population of 1.7 billion people and rising incomes. Particularly strong demand in Asia increases. In India, for instance, he is going to double by 2040, more than expected. Without a change in policy, the growing hunger for energy could have an impact on energy prices, security of supply and the environment, warn the experts. All types of energy and technologies in the future, with increased demand, whether it’s renewable or fossil.
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Electric mobility threatens Oil industry
The authority comes to the conclusion that natural gas will replace up to 2030 the coal as the second most important source of energy. The reason is the efforts to reduce air pollution. In contrast, Oil demand will decrease due to electric mobility and efficient fuel technology in the next 20 years, more than previously expected. By 2040, the IEA expects around 300 million electric cars on the roads.
Nonetheless, a supply shortage is a serious scenario, if there is not enough in new technologies will be invested. In addition, it must be in a higher diversity of Supply “flexibility is the cornerstone of the future electricity markets”, so that “the lights stay on,” warns the IEA.
hk/rb (dpa, afp, rtr)