Renewable energy has huge potential to substitute fossil fuels in China, and to
meet energy demand growth in the future... renewable energy could contribute more than 40 % of China's total energy demand in 2050, and more than 60 % of power generation.
As a result of major transformations in the global energy system that take place over the next decades, renewables and natural gas are the big winners in the race to
meet energy demand growth until 2040, according to the latest edition of the World Energy Outlook, the International Energy Agency's flagship publication.
World Energy Outlook 2016 Renewables and natural gas are the big winners in the race to
meet energy demand growth until 2040 16 November 2016
Not exact matches
Cancer cells undergo metabolic alterations to
meet the increased
energy demands that support their excess
growth and survival.
These changes are necessary for cancer cells to
meet the combined biomass and
energy demands for
growth and are only satisfied by increased capture and synthesis of cellular building blocks such as sugars, fats, and proteins.
Renewable sources of
energy meet 40 % of the increase in primary
demand and their explosive
growth in the power sector marks the end of the boom years for coal.
To start, nearly all of the CSLF
meeting participants were bullish on the outlook for fossil fuel consumption, expressing the view that fossil use would increase over the next several decades due to a combination of
demand factors (e.g. population and economic
growth) and supply factors (e.g. lack of cost - competitive renewable
energy).
Ensuring
energy access and
meeting expected
demand growth «implies a serious investment challenge,» said Dr Birol, noting that a cumulative $ 68 trillion will be needed across the entire
energy sector to 2040, with two - thirds of that needed within G20 economies.
It has enjoyed healthy
growth in capacity worldwide over the last decade as stakeholders continue to value the potential of hydropower development to help
meet growing
energy demand.
But in any case it will be very challenging to see an increase in the production to
meet the
growth in the
demand, and as a result of that, one of the major conclusions we have from our recent work in the
energy outlook is that the age of cheap oil is over.
The takeaway from these reports is that all
energy sources, including carbon - based fuels, are necessary to
meet future global
energy demand growth as society manages climate change risks.
However, in absolute terms both
energy demand and the share being
met by fossil fuel are growing faster since 1990 than the
growth in new renewable
energy sources, which is accelerating, but not yet fast enough to curb the increasing global CO2 trend.
In the longer - term, investment in oil and gas remain essential to
meet demand and replace declining production, but the
growth in renewables and
energy efficiency lessens the call on oil and gas imports in many countries.
ConocoPhillips (COP) Chief Executive James Mulva had earlier told a New York financial conference that he doubted that world oil producers would be able to
meet forecast long - term
energy demand growth.
This will leave room for exceptions that
meet particularly acute
energy access challenges for which countries request financing for fossil fuel generation projects, particularly if these countries are very low emitters with low projected
growth in
energy demand.
Greater resilience to climate change impacts will be essential to the technical viability of the
energy sector and its ability to cost - effectively
meet the rising
energy demands driven by global economic and population
growth.
Relatively few respondents indicated concerns about other typical issues associated with renewable
energy growth, such as transmission constraints, stranded assets, or having enough flexible generation to
meet demand.
The study shows that the proposed suite of policies can
meet most of the
growth in
demand while reducing
energy bills, creating jobs and reducing emissions of criteria and global warming pollutants.
Business - as - usual fossil - fuel use to
meet future
growth in
energy demand will produce significant increases in GHG emissions.
In 2017, the
Energy Sector Carbon Intensity Index (ESCII) increased for the first time in three years as fossil fuels met over 70 % of the growth in energy d
Energy Sector Carbon Intensity Index (ESCII) increased for the first time in three years as fossil fuels
met over 70 % of the
growth in
energy d
energy demand.
The reality check for the «carbon bubble» proponents is that global
energy demands still need to be
met and that there are limits to the
growth rate of fossil
energy substitutes, even as climate goals come under pressure.
What is missing in the report is any discussion about the dynamics of the global
energy system, the need to
meet energy demand and of course the rapid
growth we are seeing in that
demand.
Fossil fuels
met over 70 % of the
growth in
energy demand around the world.
Low - carbon
energy sources (renewables and nuclear)
meet around 40 % of the
growth in primary
energy demand.