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Energy demand shifts toward non OECD


Energy demand shifts toward non-OECD

  • Global demand reaches 680 quadrillion British thermal units in 2040, up nearly 25 percent
  • Non-OECD share of global energy demand reaches about 70 percent in 2040, as efficiency gains and slowing economic growth in the United States and OECD nations help keep energy demand relatively flat
  • China and India contribute about 45 percent of world energy demand growth
  • The combined share of energy used in the United States and in European OECD nations will decline from about 30 percent in 2016 to close to 20 percent in 2040, similar to China’s share of world energy demand