Monday, December 12, 2011

The Outlook for Energy – A view to 2040

Apart from discussing topics related to Enterprise Architecture, Industry specific outlooks and architecture is also something which every CIO or EA should be aware of.

ExxonMobil has recently released their outlook on Energy – a view to 2040. Here are some interesting details:

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  • Global energy demand will be about 30 percent higher in 2040 compared to 2010.
  • In the countries belonging to the Organization for Economic Cooperation and Development (OECD) – including countries in North America and Europe – we see energy use remaining essentially flat, even as these countries achieve economic growth and even higher living standards.
  • The need for energy to make electricity will remain the single biggest driver of demand. By 2040, electricity generation will account for more than 40 percent of global energy consumption.
  • Oil, gas and coal continue to be the most widely used fuels, and have the scale needed to meet global demand, making up about 80 percent of total energy consumption in 2040.
  • Gains in efficiency through energy-saving practices and technologies – such as hybrid vehicles and new, high efficiency natural gas power plants – will temper demand growth and curb emissions.
  • Global energy-related carbon dioxide (CO2) emissions will grow slowly, then level off around 2030.
  • Read full report : http://www.exxonmobil.com/Corporate/energy_outlook.aspx
  • Read IEA (International Energy Agency) Energy Outlook here : http://www.worldenergyoutlook.org/

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