Energy Demand and Population Growth
- World Demand for Energy Outlook
- Addressing the Challenge of Growing Energy Demands and Rising Population
The key drivers of the demand for energy around the world include growth in population and the economy. Estimates reveal that the entire population of the world will grow 1.3 billion people from 2011 to 2030. Additionally, the real income of people will be expected to double simultaneously. These are the factors that will lead to an increase in the demand and consumption for energy (Bennett, 2013). In order to help restrain these increases, the long-term structural shifts, gains in efficiency, and the policies that are directed towards the activities that are treated as being energy intensive will be implemented. However, the overall trend should be focused on realizing strong growth. Between 2011 and 2013, the demand for energy is expected to grow by approximately 36 percent, whereby 93 percent of the growth will be expected to come from non-OECD economies (Energy Science Center, 2008).
Though there is sufficient energy that will help to cater for the rising demand, appropriate measures will need to be implemented in order to limit the amount of carbon dioxide, as well as other greenhouse gases from being released into the atmosphere. The burning of fossil fuels can also lead to a rise in both regional and local air quality related issues. For instance, security related to energy is known to represent a challenge based on its own right. This is because 60 percent of the natural gas reserves are situated in just four countries. Approximately 80 percent of the oil reserves are situated in 9 nations (Bennett, 2013). Most of these nations are situated in distances that are away from the regions that need the energy.
[...] Conclusion From the paper, it is evident that as the population of the world grows, the demand for energy will also grow. In order to sustain this issue, proper investments should be made in order to cater for this rise. The energy supply targets should be those that will cause fewer emissions into the atmosphere. Therefore, appropriate infrastructure should be set in place in order to help address the challenges that are expected in the coming decades. Additionally, the major oil producing countries should come up with other ideas that can allow them to diversify their sources of energy, and hence help them to protect their lucrative oil exports. [...]
[...] The figure below serves as a reflection of how the consumption for energy around the world is anticipated to grow from 1990 up to 2040. Source: (US Department of Energy, 2013) There are a broad range of geographical and economic incidences that are anticipated to add significant uncertainty with respect to the assessment of the energy markets around the world. In the modern world, there are wide differences that prevail in terms of how different countries perform in economic terms. [...]
[...] Approximately 85 percent of this increase will be witnessed in the developing countries that do not belong to the Organization for Economic Cooperation and Development. This is because these nations are anticipated to experience both strong population expansions and strong economic growth (BP Plc, 2013). Contrary to this, the OECD countries are regarded to have mature consumers of energy, and their rate of economic growth is slow. There is also little or no anticipated growth in population in the OECD member countries (Doern, 2005). [...]
[...] The pace of population growth and access to local natural resources, the demand for energy in the middle East will grow by 76 percent during the projection period, Africa (85 percent, and central and South America percent. The slowest projected growth in the case of non-OECD nations will be noted in Eurasia and Europe (World Economic Forum, 2008). Addressing the Challenge of Growing Energy Demands and Rising Population The Challenge of providing the growing word population with sustainable energy has raised questions in various parts of the world. [...]
[...] World energy demand and economic outlook. Retrieved from http://www.eia.gov/forecasts/ieo/world.cfm World Economic Forum. (2008). Energy. [...]