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World Industry Outllook; May 2013


5 min read
5 take-aways
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What's inside?

By 2020, will the world have solved its energy crisis?

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The Economist Intelligence Unit conducted a survey of 69 nations to formulate its predictions of energy trends between 2012 and 2020. The resulting report forecasts the ebb and flow in the popularity of various energy sources. getAbstract recommends this stats-heavy rundown to energy analysts and corporate leaders.


Global energy consumption will increase by 2.5% to 3.2% each year until 2020. China will be the world’s leading energy consumer during this period, while the US, in second place, will marginally increase its energy consumption. India and Russia will sharply expand their energy use and will remain the third- and fourth-largest consumers, respectively. Japan and Germany, in fifth and sixth place, will modestly enlarge their energy usage.

Non-OECD nations will account for the biggest increase in global oil demand. Western nations’ needs will taper off thanks to more fuel-efficient vehicles and, especially in Western Europe, high prices on...

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The Economist Intelligence Unit is an independent research and analysis organization.

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