Subscribe to our Mailing Lists (It's free!)
Monday, September 25, 2023
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    Explosion leads to crew evacuation in the Romanian port of Sulina

    Explosion leads to crew evacuation in the Romanian port of Sulina

    NTSB Investigation: Grounding of tugboat CC Portland

    NTSB Investigation: Grounding of tugboat CC Portland

    BMA Investigation: Seafarer suffers fatal injuries during mooring

    BMA Investigation: Seafarer suffers fatal injuries during mooring

    Gard: How use of mooring lines affects crew’s life

    Gard: How use of mooring lines affects crew’s life

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Practicing gratitude can change your life

    Practicing gratitude can change your life

    Always do what your gut tells you: Keep it healthy

    Always do what your gut tells you: Keep it healthy

    Book Review: A role model for ship managers

    Book Review: How we perceive and deal with luck in life and business

    social media detox

    Stay SEAFiT: Time for social media detox

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    symphony of the seas

    Royal Caribbean Group conducts 12 weeks of biofuel testing

    Watch: How shipping helps Apple reduce 95% of transport emissions

    Watch: How shipping helps Apple reduce 95% of transport emissions

    Samsung Heavy Industries creates world’s first laser, high-speed welding robot

    Samsung Heavy Industries creates world’s first laser, high-speed welding robot

    California launches international methane-reduction initiative

    California launches international methane-reduction initiative

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart

    K Line, TIS, Miotsukushi to develop AI-powered automatic draft survey application

    Hapag-Lloyd focuses on enhanced connectivity onboard

    Hapag-Lloyd focuses on enhanced connectivity onboard

    BV eyes data-driven decarbonization solutions

    BV eyes data-driven decarbonization solutions

    Delivering for the seafarer of tomorrow

    IGP&I: Electronic Trade Documents Act comes into force in the UK

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    ClassNK amends its rules on construction of steel ships

    Liberia: How to comply with PSC focus on firefighting and clean machinery spaces

    orange county oil spill fines

    Crude oil tanker to pay 88 crores for damaging Haldia oil jetty

    China conducts ballast water inspections to vessels arriving from Japan

    China conducts ballast water inspections to vessels arriving from Japan

    M/V “HAKSA” refused access to the Paris MoU

    M/V “HAKSA” refused access to the Paris MoU

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    Baltic Exchange: Maritime market highlights 2-8 April

    Baltic Exchange: Maritime market highlights 18 – 22 September

    offshore wind installation vessels

    Allianz: Prominent risks in the offshore wind industry

    Singapore is the top maritime centre for 10 consecutive years

    Singapore is the top maritime centre for 10 consecutive years

    Global bunker supplier complies with carbon reduction criteria

    Global bunker supplier complies with carbon reduction criteria

  • Columns
    Seafarer Stories: Capt. Cristian Bacanu, Master

    Seafarer Stories: Capt. Cristian Bacanu, Master

    Wellness Corner: Tom O’Hare, Mission to Seafarers

    Wellness Corner: Tom O’Hare, Mission to Seafarers

    AMSA: Seafarers must have a voice in shaping shipping’s future

    MNWB: Seafarers’ needs are no different to anyone else’s needs

    Trending Tags

    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    Explosion leads to crew evacuation in the Romanian port of Sulina

    Explosion leads to crew evacuation in the Romanian port of Sulina

    NTSB Investigation: Grounding of tugboat CC Portland

    NTSB Investigation: Grounding of tugboat CC Portland

    BMA Investigation: Seafarer suffers fatal injuries during mooring

    BMA Investigation: Seafarer suffers fatal injuries during mooring

    Gard: How use of mooring lines affects crew’s life

    Gard: How use of mooring lines affects crew’s life

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Practicing gratitude can change your life

    Practicing gratitude can change your life

    Always do what your gut tells you: Keep it healthy

    Always do what your gut tells you: Keep it healthy

    Book Review: A role model for ship managers

    Book Review: How we perceive and deal with luck in life and business

    social media detox

    Stay SEAFiT: Time for social media detox

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    symphony of the seas

    Royal Caribbean Group conducts 12 weeks of biofuel testing

    Watch: How shipping helps Apple reduce 95% of transport emissions

    Watch: How shipping helps Apple reduce 95% of transport emissions

    Samsung Heavy Industries creates world’s first laser, high-speed welding robot

    Samsung Heavy Industries creates world’s first laser, high-speed welding robot

    California launches international methane-reduction initiative

    California launches international methane-reduction initiative

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart

    K Line, TIS, Miotsukushi to develop AI-powered automatic draft survey application

    Hapag-Lloyd focuses on enhanced connectivity onboard

    Hapag-Lloyd focuses on enhanced connectivity onboard

    BV eyes data-driven decarbonization solutions

    BV eyes data-driven decarbonization solutions

    Delivering for the seafarer of tomorrow

    IGP&I: Electronic Trade Documents Act comes into force in the UK

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    ClassNK amends its rules on construction of steel ships

    Liberia: How to comply with PSC focus on firefighting and clean machinery spaces

    orange county oil spill fines

    Crude oil tanker to pay 88 crores for damaging Haldia oil jetty

    China conducts ballast water inspections to vessels arriving from Japan

    China conducts ballast water inspections to vessels arriving from Japan

    M/V “HAKSA” refused access to the Paris MoU

    M/V “HAKSA” refused access to the Paris MoU

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    Baltic Exchange: Maritime market highlights 2-8 April

    Baltic Exchange: Maritime market highlights 18 – 22 September

    offshore wind installation vessels

    Allianz: Prominent risks in the offshore wind industry

    Singapore is the top maritime centre for 10 consecutive years

    Singapore is the top maritime centre for 10 consecutive years

    Global bunker supplier complies with carbon reduction criteria

    Global bunker supplier complies with carbon reduction criteria

  • Columns
    Seafarer Stories: Capt. Cristian Bacanu, Master

    Seafarer Stories: Capt. Cristian Bacanu, Master

    Wellness Corner: Tom O’Hare, Mission to Seafarers

    Wellness Corner: Tom O’Hare, Mission to Seafarers

    AMSA: Seafarers must have a voice in shaping shipping’s future

    MNWB: Seafarers’ needs are no different to anyone else’s needs

    Trending Tags

    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

India’s energy consumption not reaching that of China, US through 2040

by The Editorial Team
July 24, 2018
in Green Shipping, Shipping
India flights
FacebookTwitterEmailLinkedin

In its recently-published International Energy Outlook for 2018, EIA forecasts that India’s energy consumption is projected to grow faster than the rest of the world through 2040, along with China’s and Africa’s. India is projected to be the most populated country with the fastest-growing economy in the world under all three India side cases. However, Indian energy consumption levels do not reach those in China or the US in the next two decades in any of India’s side cases.

EIA has namely released three different reports in its International Energy Outlook 2018 (IEO2018) discussing the energy implications of potential changes in three of the most populated parts of the world: China, India and Africa.

Highlights

RelatedNews

Allianz: Prominent risks in the offshore wind industry

Singapore is the top maritime centre for 10 consecutive years

  • Regardless of economic development path, India is projected to have the world’s largest population and the fastest growing economy. Yet, under three high economic growth cases with an assumed GDP growth rate of 7.1% per year, Indian energy use does not reach that of China or the United States in the next two decades.
  • The India Export-led case—where economic growth relies heavily on the expansion of exports—results in the largest increase in Indian energy use, with 33% more energy consumed in 2040 than in the IEO2018 Reference case. This side case also leads to nominal gross output from the energy-intensive manufacturing sector that is about 50% larger in 2040 than in the IEO2018 Reference case.
  • The industrial sector remains the largest energy-consuming end-use sector through 2040 across all India side cases considered in IEO2018.
  • The IEO2018 India side cases highlight the need to further explore the relationship between changes in economic growth and the relative sizes of the services and manufacturing sectors.

–> In 2015, India had the third-largest economy, the second-largest population, and the fourth-largest level of energy consumption

  • Only China and the United States had larger economies than India in 2015.
  • India had the world’s second-largest population in 2015 and is projected to have the largest of any single country by 2040.
  • China, the United States, and Russia were the only countries to consume more energy than India in 2015.

–> India’s income and energy use per capita are lower than in other major economies in both 2015 and 2040 in the IEO2018 Reference case

  • India’s low energy use per capita is partly attributable to infrastructure constraints, a lack of investment in the energy sector, and use of traditional, non-marketed fuels such as charcoal.
  • India’s GDP per capita was $7,400 lower than China’s in 2015.
  • Neither India’s GDP nor its energy use per capita are projected to catch up to China’s by 2040 in the IEO2018 Reference case.

–> High economic growth cases for India include increases in different components of GDP either consumption, investment, or export shares

  • EIA performed three IEO2018 high economic growth sensitivity cases, where India’s economy grows about 7.1% per year on average through 2040 instead of the IEO2018 Reference case average of 6.0%.
  • Gross Domestic Product (GDP) can be divided into four different components: personal consumption, investment, government consumption, and net exports (exports minus imports). Each case increases a different component’s share higher than the IEO2018 Reference case.
  • Consumption-led case—the consumption share of GDP rises from 61% to 67% in 2040.
  • Investment-led case—the investment share of GDP rises from 29% to 38% in 2040.
  • Export-led case—the export share of GDP rises from 23% to 55% in 2040.

–> Compared with IEO2018 Reference case energy use, IEO2018 high economic growth cases project increased energy consumption between 26% to 33% higher in 2040

  • In each case, energy use is higher than in the IEO2018 Reference case in 2040.
  • In the Consumption-led case, energy use is 26% higher, and increases in industrial sector energy use are more than double all other end uses
  • In the Investment-led case, energy use is 29% higher, and increases in industrial sector energy use are only slightly higher than in the Consumption-led case.
  • In the Export-led case, energy use is 33% higher, and increases in industrial sector energy use are triple all other end uses

–> In the Export-led case, which has the highest manufacturing output growth rate, Indian energy-intensive manufacturing output grows, but only reaches historical Chinese levels after 2035

  • India’s primarily service-oriented economy is less energy intensive than a large, goods-oriented economy such as China’s.
  • Services account for more than 50% of Indian output in all high economic growth cases by 2040.
  • Much higher levels of energy use could occur in India with major changes to the country’s industrial structure.

–> Historical levels of energy use per capita in other large economies are higher than projected for India in the IEO2018 Reference case and India still does not reach these levels in the IEO2018 high economic growth cases by 2040

  • Projected Indian energy use per person in 2040 remains low compared with other large economies in 2015, even under the high economic growth cases.
  • India remains mostly a service-based economy, benefits from technological progress other countries have experienced, and adopts energy-efficient practices and equipment.

Explore more herebelow:

Tags: ChinaEIAenergy managementenergy outlookIndiareportstrends
Previous Post

Woodmac: China’s air pollution rules to boost sulphur cap compliance

Next Post

China to be the largest energy-intensive goods producer in 2040

Related News

California launches international methane-reduction initiative
Fuels

California launches international methane-reduction initiative

September 22, 2023
EIA: Records China crude oil exports the first half of 2023
Fuels

China makes major move to establish green methanol industrial chain

September 22, 2023
Do you know what the Northern Sea Route is?
Fuels

Gazprom ships its first LNG vessel along Northern Sea Route

September 21, 2023
uae saudi arabia maritime training
Maritime Health

ISWAN: Mental health contacts in seafarer helplines increased by 37%

September 20, 2023
China conducts ballast water inspections to vessels arriving from Japan
Ballast

China conducts ballast water inspections to vessels arriving from Japan

September 20, 2023
IUMI presents trends and threats in the maritime industry
Shipping

IUMI presents trends and threats in the maritime industry

September 20, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

NATO phonetic alphabet

Do you know what NATO phonetic alphabet is?

November 24, 2020
singapore border measures

Do you know what GT and DWT measure in a ship?

November 10, 2021
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Book Review
    • Career Paths
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Wellness Corner
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.