Regional growth and energy supply [electronic resource] : Is there an energy security issue?
- Washington, D.C. : United States. Dept. of Energy. Office of Energy Research, 1996.
Oak Ridge, Tenn. : Distributed by the Office of Scientific and Technical Information, U.S. Dept. of Energy.
- Physical Description:
- 95 pages : digital, PDF file
- Additional Creators:
- Pacific Northwest National Laboratory (U.S.)
United States. Department of Energy. Office of Energy Research
United States. Department of Energy. Office of Scientific and Technical Information
- This study examines how the growth of the developing world might affect energy markets in the future. Based on recent growth trends, world energy demand could reasonably be expected to grow from about 350 Exajoules (EJ: 1.0E18=0.95 Quad) to nearly 1025 EJ by the year 2020, nearly 3x current consumption estimates. Introduction of more energy-efficient technologies could reduce this growth by about 17% to 830 EJ. But one cannot rely exclusively on current trends to forecast future energy demand. The growth of the developing world will interact with supply to affect prices, which in turn will mitigate the growth of demand, and growth rates of energy use will be much more modes. Under the Business as Usual scenario, energy demand will grow to 835 EJ by 2020, and this could be reduced a further 15% to 714 EJ through the adoption of more energy efficient technologies. Fuel prices based on model results are analyzed. Energy security implications of rapid growth in the developing world are considered and found to be of likely little significance.
- Published through SciTech Connect.
Johnson, A.K.; Woodruff, M.G.; Paananen, O.H.; Roop, J.M.; Freund, K.A.; Godoy-Kain, P.; Gu, A.Y.
- Funding Information:
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