World electric consumption to top 19 trillion kWh by 2015
Electric power will be the fastest-growing source of end-use energy throughout the world during the next 20 years, according to the recently released “International Energy Outlook,” from the US Department of Energy`s Energy Information Administration. Electricity demand is expected to grow to 19 trillion kWh in 2015, nearly double present demand.
Coal is expected to maintain its status as a primary fuel, particularly in China and India, as fossil fuels continue to dominate the scene worldwide. Coal accounts for 36 percent of the electricity generating fuel globally. Nuclear generation is forecast to decline as natural gas gains importance. Natural gas should jump from a 16-percent share in 1993 to 21 percent in 2015. Renewable fuel generation should increase from 21 percent in 1993 to 23 percent by 2015, with hydroelectric generation seen as the dominant renewable source.
According to EIA statistics, electricity consumption worldwide has grown by 3.4 percent annually, and 2 billion of the world`s 5.5 billion people are still not connected to their country`s grid, providing potential for the strong growth trend to continue.