The world’s energy consumption is expected to grow 53% by 2035, according to the International Energy Outlook 2011 by the US Energy Information Administration (EIA).
Fully half of that growth will come from China and India, where energy use is expected to more than double by 2035. EIA expects the two countries combined to consume 31% of the world’s energy, up from 21% today.
The good news is that renewable energy will be the fastest growing primary energy source during that time. Renewables, which accounted for 10% of demand in 2008, will grow by 2.8% a year and supply 15% of the world’s energy in 2035. (more…)