BP Forecasts 39% Rise In Energy Demand To 2030

Global energy demand will grow 39% by 2030 or 1.6% annually, driven by economic and population growth in non-OECD countries, BP forecast in the Energy Outlook 2030, published on 18 January. Energy consumption in OECD countries is expected to rise by only 4% during the period. Global energy will remain dominated by fossil fuels and account for 81% of global demand in 2030, 6% less than it currently does, BP said. It added that the period should...