Hydrocarbon Energy: a look into the Future

Hydrocarbon Energy: a look into the Future

This year LTN looks at the trends that shape Global energy supply, and demand over the coming years.

The answers to the questions on hydrocarbon energy use varies by region, as reflected in different economic and demographic trends along with the evolution of technology and government policies.

Everywhere, though, we see energy being used more efficiently and energy supplies continuing to diversify as new technologies and sources emerge.

Other key findings of this year's Outlook include:

The data shows that the Global energy demand will be about 30% higher in Y 2040 compared to Y 2010.

History tells us that energy demand growth slows as economies mature, machines gain efficiency, and population growth moderates.

In the Organization for Economic Cooperation and Development (OECD) countries energy use is seen remaining flat to unchanged. But, non OECD energy demand will grow by about 60%.

As we approach Y 2040, electricity generation will likely account for more than 40% of Global energy consumption.

Crude Oil will remain the most widely used fuel, but Nat Gas will grow fast enough to overtake Coal for the # 2 spot.

For Crude Oil and Nat Gas, a large share of Global supply will come from unconventional sources, such as that from shale formations.

Demand for Nat Gas will rise by more than 60% through Y 2040 I believe.

Demand for Coal should begin to peak on the rise of Nat Gas, and the begin a gradual decline.

Gains in fuel efficiency through energy-saving practices and technologies will slow demand growth, and curb emissions.

Global energy-related carbon dioxide (CO2) emissions will grow slowly, then level off around Y 2030 according to the data I am seeing now.

The major oil companies use the growth data to guide their Global investment decisions, as they know that the World's energy future will be shaped by decisions made not just by them, the Giants,, but also by government policymakers and the consumers.

The information encourages a broader understanding of the World's energy issues that affect all of us where ever we are on the Planet.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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