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Global Power Demand to Rise 2.2 Percent Through 2035, IEA Says
2010-11-09 10:00:00.19 GMT
By Lars Paulsson
Nov. 9 (Bloomberg) -- Global power demand will rise 2.2
percent annually from 2008 through 2035, driven mainly by demand
in China and countries in the developing world.
About 80 percent of the increase will come from countries
not part of the Organization for Economic Cooperation and
Development, the International Energy Agency forecasts in its
annual World Energy Outlook.
The share of fossil fuels in total global power generation
is expected to fall to 55 percent in 2035 from 68 percent in
2008 as governments and utilities worldwide boost the use of
renewables and nuclear energy to reduce global warming, the
Paris-based organization said today.
Coal will remain the biggest source of electricity
generation in 2035, with its share falling to 32 percent from 41
percent now, according to IEA's New Policy Scenario. Natural gas
fired generation will remain steady at 21 percent.
China will add generation capacity equivalent to the
installed capacity of the U.S. in the next 15 years as
consumption is expected to triple between 2008 and 2035, IEA
said.
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--Editors: Raj Rajendran, Rob Verdonck.
To contact the reporter on this story:
Lars Paulsson in London at +44-207-673-2759 or
lpaulsson@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net
