Possible energy trends to 2020
Last edited Fri Jul 13, 2012, 05:22 PM - Edit history (1)
I thought I'd take a look at what the energy trends of the last 11 years might portend for the next 8 years.
As usual, data is from the BP Statistical Review of World Energy 2012, and the trend lines are my usual brain-dead polynomials.
Also as usual, there are no guarantees. The world might wake up tomorrow and implement a Manhattan Project for renewables, and/or put a huge tax on carbon that would change the picture overnight. Absent such changes of heart, and within the limits of reason, recent trends are a good place to start looking for near-future trends.
A few interesting observations fall out of this exercise:
- Renewables are on a very fine growth path, almost quadrupling from 2011 to 2020.
- Nuclear power may be about to start declining.
- The effect of peak oil may become significant in the next 5 years.
- Coal will remain the gorilla in the living room.
- Fossil fuel use (and CO2 emissions) could increase by 10% in the next 8 years.
- GHG-free sources could supply over 16% of the world's primary energy, up from 13% in 2011.