Washington D.C., United States — ESI-AFRICA.COM — 26 September 2011 – China and India are expected to lead the global surge in energy demand over the next two-plus decades, and while renewable energy is expected to grab a growing share of that mix, fossil fuels will still dominate world consumption by 2035.
The World Energy Outlook of 2011, released here by the U.S. Energy Information Administration, updates its projections for current markets through 2035, though it does not factor in potential changes in policy. For renewable energy, its future capacity is expected to be greatly determined by existing and future policies for economic giants and developing nations alike.
The report projects that worldwide consumption will grow 53% between 2008 and 2035, and that half of that growth will come from China and India. China, which recently became the world’s top energy producer, is expected to use 68% more energy than the United States by 2035.
While renewable energy is projected to be the fastest growing source of primary energy over the next 25 years, fossil fuels will maintain their grip as the dominant source of energy. According to the report, renewable energy use will rise from 10% in 2008 to 15% in 2035.