World Energy 2017-2050: Annual Report

A Guest post by:

Dr. Minqi Li, Professor
Department of Economics, University of Utah
E-mail: minqi.li@economics.utah.edu

This Annual Report evaluates the future development of world energy supply and its impact on the global economy as well as climate change. The report projects the world energy supply and gross world product (global economic output) from 2017 to 2050. It also projects carbon dioxide emissions from fossil fuels burning and the implied global average surface temperature from 2017 to 2100.

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Figure 18
Sources: World historical oil, natural gas, and coal consumption from 1950 to 1964 is estimated from carbon dioxide emissions (Boden, Marland, and Andres 2017); world primary energy consumption and its composition from 1965 to 2016 is from BP (2017); world primary energy consumption and its composition from 2017 to 2050 is based on this report’s projections. Read More

EIA’s Electric Power Monthly – May Edition with data for March

This is a guest post by islandboy.

Any comments not related to petroleum (politics, renewable energy, or coal for example) should be in this thread, there will be a separate Open thread for Petroleum (oil and natural gas) discussion.

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The EIA released the latest edition of their Electric Power Monthly on May 25th, with data for March 2017. March data includes some milestones which are significant in that these circumstances have not existed for a very long time, if ever. Read More

Wind and Solar Scenarios and Non-Fossil Fuel open thread- May 25, 2016

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Wind and solar energy consumption have grown quickly from 1994 to 2014 based on data from BP’s Statistical Review of World Energy 2015 at a rate of 25% per year combined. Historical data on oil consumption from 1900 to 1975 shows that oil use grew by about 7% per year over that period. Note that this rate of growth was constrained by demand for energy as evidenced by very low oil prices from 1950 to 1972 and the high rates of oil consumption growth from 1960 to 1970.  World GDP and population grew rapidly over that period before supply constraints became apparent and rates of oil consumption growth slowed markedly after 1979.
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