 |
The Outlook for Energy: A View to 2030
Energy — in all its forms — is critical to economic growth, development and social welfare. From the world’s most modern cities to the smallest communities in developing countries, reliable access to affordable energy is necessary to drive long-term economic and social progress.
Growing populations continue to advance economically over time and seek better living standards, which lead to increased energy use.
By 2030, with projected economic and population growth, the world’s total energy demand is expected to be approximately 35 percent higher than it was in 2005, despite significant gains in energy efficiency.
Liquids are the most prominent fuel source in the global portfolio of energy supplies because of their unmatched energy density and global supply infrastructure.
Our Outlook for Energy makes a number of assumptions to provide a picture of the world’s energy situation in 2030.
