The Outlook for Energy – A View to 2040

Exxon Mobil 200The Exxon Mobil Outlook reveals a number of key findings about how we use energy, how much we will need in the future and what types of fuels will meet demand.
Energy demand in developing nations (Non OECD) will rise 65 percent by 2040 compared to 2010, reflecting growing prosperity and expanding economies.
Overall, global energy demand will grow 35 percent, even with significant efficiency gains, as the world’s population expands from about 7 billion
people today to nearly 9 billion people by 2040, led by growth in Africa and India.
With this growth comes a greater demand for electricity. Today, and over the next few decades, electricity generation represents the largest driver of demand for energy. Through 2040, it will account for more than half of the increase in global energy demand.

Nuclear will grow significantly, mainly due to rising electricity demand and a desire to reduce CO2 emissions. From 2010 to 2040, the use of nuclear energy is predicted to double.

You can read Outlook for Energy 2013 here.

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