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Residential and commercial demand shifts to non-OECD

  • Growth in households, rising prosperity and expanding commercial activity will spur higher demand for lighting, heat and power in homes and offices
  • Residential and commercial energy demand will rise about 25 percent by 2040, consistent with overall population growth 
  • Essentially all growth will be in non-OECD nations where demand will rise close to 40 percent
  • Africa and China will each account for about 30 percent of the increase in demand