Skip to main content

We are near the peak world oil consumption-data and projections from 1950 to 2050

According to BP's Statistical Review of World Energy, world primary energy consumption reached 13,147 million tons of oil equivalent in 2015 (BP 2016). From 2010 to 2015, world primary energy consumption grew at an average annual rate of 1.5 percent.

World oil consumption (including biofuels) was 4,331 million tons in 2015, accounting for 33 percent of the world energy consumption. From 2010 to 2015, world oil consumption grew at an average annual rate of 1.2 percent.

World natural gas consumption was 3,135 million tons of oil equivalent in 2015, accounting for 24 percent of the world energy consumption. From 2010 to 2015, world natural gas consumption grew at an average annual rate of 1.7 percent.

World coal consumption was 3,840 million tons of oil equivalent in 2015, accounting for 29 percent of the world energy consumption. From 2010 to 2015, world coal consumption grew at an average annual rate of 1.1 percent.

World consumption of nuclear electricity was 583 million tons of oil equivalent in 2015, accounting for 4 percent of the world energy consumption. From 2010 to 2015, world consumption of nuclear electricity declined at an average annual rate of 1.4 percent.

World consumption of hydro, geothermal and biomass electricity was 1,010 million tons of oil equivalent in 2015, accounting for 8 percent of the world energy consumption. From 2010 to 2015, world consumption of hydro, geothermal and biomass electricity grew at an average annual rate of 3.0 percent.

World consumption of wind and solar electricity was 248 million tons of oil equivalent in 2015, accounting for 2 percent of the world energy consumption. From 2010 to 2015, world consumption of wind and solar electricity grew at an average annual rate of 23.9 percent.

According to World Bank and IMF data, gross world product (global economic output) was 107.0 trillion dollars (in 2011 constant international dollars) in 2015. From 2010 to 2015, global economic output grew at an average annual rate of 3.4 percent.

World average energy efficiency was 8,136 dollars per ton of oil equivalent in 2015. From 2010 to 2015, world average energy efficiency grew at an average annual rate of 1.8 percent.

World carbon dioxide emissions from fossil fuels burning were 33.5 billion tons in 2015. From 2010 to 2015, world carbon dioxide emissions grew at an average annual rate of 1.2 percent.

World average emissions intensity of gross world product was 0.313 kilogram of carbon dioxide emissions per dollar of gross world product. From 2010 to 2015, world average emissions intensity of gross world product declined at an average annual rate of 2.1 percent.

World average emissions intensity of primary energy consumption was 2.55 tons of carbon dioxide emissions per ton of oil equivalent. From 2010 to 2015, world average emissions intensity of primary energy consumption declined at an average annual rate of 0.3 percent.
------ 
The purpose of this annual report is to provide an analytical framework evaluating the development of world energy supply and its impact on the global economy. 

The report projects the world supply of oil, natural gas, coal, nuclear, hydro, wind, solar, and other energies from 2016 to 2050. It also projects the overall world energy consumption, gross world economic product, and energy efficiency from 2016 to 2050 as well as carbon dioxide emissions from fossil fuels burning from 2016 to 2100.
The basic analytical tool is Hubbert Linearization, first proposed by American geologist M. King Hubbert (Hubbert 1982). Despite its limitations, Hubbert Linearization provides a useful tool helping to indicate the likely level of ultimately recoverable resources under the existing trends of technology, economics, and geopolitics. Other statistical methods and some official projections will also be used where they are relevant. 

Ref:

Comments

Popular posts from this blog

LIC Buys Double as Prices Dive - 10 Aug 2011

http://licreddy.com/Content/information/insurancenews_details.asp?NewsCode=4872 LIC Buys Double as Prices Dive 10-Aug-2011 Life Insurance Corp of India, the government's institution of choice to stabilise the stock market whenever it gets wobbly, has more than doubled stock purchases in the past three days as the global debt worry-triggered selloff made valuations attractive. LIC, the country's biggest investor with stakes in L&T, Axis Bank and Grasim, will raise its secondary market purchases this fiscal as IPOs dry up with promoters not keen to sell shares at lower valuations. "We have been buying in the past few days,'' said a LIC executive involved in decisionmaking. "With the market correcting and not many public issues coming up, we would be investing more in secondary market," said the person who did not want to be identified. LIC to Invest . 50k Cr More LIC, which had been buying stocks for an average of . 120 crore in the first four...

Best IELTS and English language training institutions in Hyderabad

IELTS stands for International English Language Testing System. As the name implies it is basically an English test for testing the proficiency of the language in an individual.  Training for IELTS can be taken to pass the IELTS exam or to develop good english language skills. I am giving the training institute addresses for Hyderabad. The test system is jointly managed by the British Council,IDP education ltd and University of Cambridge ESOL Examinations and more than 1 million candidates are taking the exam all over the world. The test has two versions : 1. Academic 2. General training Academic  version is for people who plan to continue their higher education by enrolling in universities in countries like US,UK,Australia,Canada,New Zealand etc.The academic institutions in these countries consider the IELTS score as a criteria for the admission process. General training is mostly for immigration purposes in countries like Australia,New Zealand,Canada etc. It may ...

Home loan or Car loan calculator

A good EMI calculator http://www.bankbazaar.com/home-loan-emi-calculator.html Tax benefits: Tax benefit is only on the interest paid on the loan taken. Prohibition of Usury in Various Religions Hinduism The earliest such record derives from the   Vedic   texts of Ancient India (2,000-1,400 BC) in which the "usurer" ( kusidin ) is mentioned several times and interpreted as any lender at interest.  More frequent and detailed references to interest payment are to be found in the later   Sutra   texts (700-100 BC), as well as the Buddhist   Jatakas   (600-400 BC).  It is during this latter period that the first sentiments of contempt for usury are expressed.  For example, Vasishtha, a well known Hindu law-maker of that time, made a special law which forbade the higher castes of   Brahmanas   (priests) and   Kshatriyas   (warriors) from being usurers or lenders at interest.  Also, in the   J...