trends

Infographic: Emerging marine trends

Emerging trends in maritime industry include not only a shift towards technology and innovation, but also a constant need to adapt to a number of key environmental issues that seem to redifine how shipping does business. In this regard, IMarEST published an informative infographic, summarizing the key environmental trends for shipping.

IEA: Global energy investment stabilised after three years

Global energy investment stabilised in 2018, totaling more than USD 1.8 trillion and ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to IEA’s latest annual review.

IEA: Energy demand to rise by over 25% until 2040

IEA published the World Energy Outlook 2018, which includes global energy trends and their possible impacts on supply and demand, carbon emissions, air pollution, and energy access. With today’s policies, WEO’s New Policies Scenario says that energy demand will rise by more than 25% to 2040.

EIA: India’s energy use will depend on its economic growth

India’s economic growth is possible to impact future international energy markets because of the country’s large population and potential for development. India is expected to be one of the fastest-growing economies in the world over the next 30 years, but how that growth will take place remains unknown.

Africa’s energy consumption to increase but won’t surpass China, India

In its International Energy Outlook for 2018, EIA forecasts that Africa’s manufacturing sector and industrial energy consumption will increase because of possible regional competitive advantages. However, Africa’s energy consumption per capita lags behind the other two regions that the report examines: China and India. 

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

EIA released three reports in its International Energy Outlook 2018 discussing the energy implications of potential changes in China, India and Africa. Regarding China, its economy remains by far the world’s largest producer of energy-intensive goods in 2040. Faster economic growth in China also leads to higher energy consumption.

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

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. However, Indian consumption levels do not reach those in China or the US in the next two decades.

IEA: 2017 global energy investment fails to keep up with sustainability

Global energy investment totaled USD 1.8 trillion in 2017, a 2% decline in real terms from the previous year, according to IEA’s World Energy Investment 2018 report. The electricity sector attracted the largest share of investments in 2017, exceeding the oil and gas industry for the second year in row.

BP forecast energy demand to grow 30% to 2035

According to the 2017 edition of BP’s Energy Outlook, global energy demand will increase by around 30% to 2035, an average growth of 1.3%/year, driven by increasing prosperity in developing countries, partially offset by rapid gains in energy efficiency.

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