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EIA Projects World Energy Use to Grow 50% Between 2005 and 2030; Transportation Accounts for 74% of Increase in Use of Liquids

Posted on June 25, 2008

The IEO2008 projects an increase in liquids consumption even in a high-price scenario. The high-price case sees a decline in conventional liquids production compared to today and a stronger increase in unconventionals. Click to enlarge. Data: IEO2008World marketed energy consumption is projected to grow by 50% between 2005 and 2030, driven by economic growth and expanding populations in the world s developing countries, according to the reference case projection from highlights of the International Energy Outlook 2008 (IEO2008) released by the US Energy Information Administration (EIA). The ...

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