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Energy demand to grow by 40% over the next two decades

What will the energy mix look like in 2035, compared with 2013 – in million tonnes of oil equivalent (Mtoe)?   Energy Outlook 2035 is not 'a crystal ball', rather a projection of broad future energy trends, according to BP's chief economist, Spencer Dale. Presenting the Outlook for the first time since joining BP from the Bank of England in October 2014, Dale reveals what the publication has to say on current oil prices and changing world energy trade patterns. By 2035 global energy consumption increases by 37% from today’s levels with virtually all (96%) the growth in non-OECD countries and more than half coming from India and China Country and regional insights - Global World energy demand is projected to be 37% higher in 2035 with India and China accounting for half the growth. By sector, inputs to power generation account for nearly 60% of the growth Global energy intensity in 2035 is half of what it was in 1995 and 36% lower than 2013. However, global energy use per capita is projected to increase by 12%. The US becomes energy self-sufficient by 2021. And by 2035 could be exporting 9% of its total energy supply. Meanwhile, China overtakes ...

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BP Energy Outlook 2035: Growing Gas and Shifting Flows

Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia – particularly in China and India – will drive continued growth in the world’s demand for energy over the next 20 years. According to the new edition of the BP Energy Outlook 2035, global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4% a year. The Outlook looks at long-term energy trends and develops projections for world energy markets over the next two decades. The new edition was launched today in London by Spencer Dale, BP’s group chief economist, and Bob Dudley, group chief executive. “After three years of high and deceptively steady oil prices, the fall of recent months is a stark reminder that the norm in energy markets is one of continuous change,” said Spencer Dale. “It is important that we look through short term volatility to identify those longer term trends in supply and demand that are likely to shape the energy sector over the next 20 years and so help inform the strategic choices facing the industry and policy makers alike.” US tight oil grows The Outlook projects that demand for oil ...

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BP Energy Outlook 2035: A view from 2014

The BP Energy Outlook 2035 is our 2014 projection for the world's energy future. This year's outlook reveals that global energy demand continues to grow but that growth is slowing and will mainly be driven by emerging economies - led by China and India. Shares of the major fossil fuels are converging, with oil, natural gas and coal each expected to make up around 27 per cent of the total mix by 2035 and the remaining share coming from nuclear, hydroelectricity and renewables. Watch the video to see what else 2035 could bring for the energy industry. To find out more about the BP Energy Outlook 2035, visit http://www.bp.com/energyoutlookIn the beginning, I was straightforward with you propecia before and after has changed my existence. It has become much more fun, and now I have to run. Just as it is improbable to sit.

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BP Energy Outlook 2035

How much energy do you think the world will need in 2035? What trends can we expect to see in supply and demand? Which fuels will dominate? Get the answers to those questions and many others here http://bit.ly/bpenergyoutlookIn the beginning, I was explicit with you propecia before and after has changed my existence. It has become much more fun, and now I have to run. Just as it is improbable to sit.

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