Record World Energy Demand

Global energy demand at highest growth in a decade, emissions reach record high in 2018

Phil Dzikiy, March 27, 2019 (Electrek)

“Global energy demand grew [2.3%,] its fastest pace in the last decade in 2018, increasing CO2 emissions to a record high, according to the International Energy Agency’s latest Global Energy & CO2 Status Report…[High energy demand was] driven by a robust global economy and stronger heating and cooling needs in some regions…[It caused] a 1.7 percent increase in CO2 emissions to a new high of 33 Gigatonnes…Demand for all fuels increased across the board, but especially natural gas, which accounted for 45 percent of the rise in energy consumption…China, India, and the United States accounted for 85 percent of the net increase in emissions, while emissions declined for Germany, Japan, Mexico, France and the United Kingdom…Coal’s share in global energy continues to decline, and yet, overall demand increased again in 2018…[The IEA called electricity] the ‘fuel’ of the future…

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…[Global demand increased 4 percent in 2018, outpacing overall energy demand…[It] is nearing a 20 percent share in total final consumption of energy…[R]enewables increased by 4 percent in 2018, making up nearly a quarter of demand growth…[and] nearly 45 percent of the world’s overall growth…[Solar, wind, and hydropower were] nearly a third of that growth…[followed by] bioenergy…Renewable energy momentum is promising, but there’s clearly still a long way to go. An energy transition needs to happen quickly, and we need policies that will help accelerate the process…” click here for more

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