Energy use worldwide to grow by a third over 25 years, IEA report suggests

The energy use is set to grow by one-third over the next 25 years, with emerging economies being the most important drivers for growth, a recent report by the IEA (International Energy Agency) has been able to reveal.

The main drivers for increased overall energy consumption will be India, China, Africa, the Middle East and Southeast Asia, the report said.

But energy use is projected to drop by 15 percent by 2040 in the European Union, 12 percent in Japan and 3 percent in the US on the back of increased energy efficiency, energy savings and demographic trends.

The use of low-carbon fuels and technologies is on the rise, and the share of non-fossil fuels in the total mix is set to increase to 25 percent by 2040 from 19 now, the Paris-based IEA said.

This trend confirmed what the IEA called a “tantalising hint” that economic growth will longer systematically translate into higher CO2 emissions.

“Pledges made in advance of COP21 promise to give new impetus to the move towards a lower-carbon and more efficient energy system, but do not alter the picture of rising global needs for energy,” the IEA noted.

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