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Energy

World Industry Outlook; May 2014

EIU,

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

This fact-filled report illuminates the global energy picture in 2020.

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Editorial Rating

8

Qualities

  • Analytical
  • Scientific
  • Overview

Recommendation

This Economist Intelligence Unit report forecasts energy use and production among 69 nations in the period up to 2020. Replete with data, tables and insights, it covers the major energy categories as well as offering projections on global supply and demand factors and an examination of their regional and national impacts. getAbstract recommends this fact-filled analysis to energy industry executives, investment professionals, policy makers and anyone who wants to know what will drive future energy prices and consumption patterns.

Summary

For the period to 2020, analysts predict that world energy demand will show a “fairly robust” increase, with the greatest growth coming from non-OECD nations. China will continue to be the biggest energy consumer in the world during this period, followed by the US, whose energy use will rise modestly. Globally, demand growth for natural gas will surpass that for oil and coal as more sources of liquefied natural gas and shale gas become available. Also, natural gas will act as “a relatively low-carbon ‘transition’ fuel” until alternative energy sources come on stream. Though wind and solar power generation will increase, these...

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

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