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Electricity demand surges


Electricity demand surges

  • Energy shifts reflect rising living standards and increasing urbanization through 2040
  • Electricity use increases 70 percent, accounting for nearly all the growth in total energy demand from 2016 to 2040; electricity reaches a share of 40 percent in 2040
  • Natural gas use grows about 20 percent, keeping its share around 20 percent through 2040
  • Oil demand decreases, though usage of liquefied petroleum gas increases as a cooking fuel replacing biomass
  • Biomass demand peaks, aided by growing access to modern energy in non-OECD nations