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#Increasing World Energy Consumption:

Continued Growth of Electric Power Generation: To meet the demands of increasing energy consumption, power generation will remain a fast-growing industry.

Energy Sources: Oil prices are projected to stay high and as a result, oil use and production is expected to decline 0.9% a year. Countries will look to other options to meet their needs. The use of coal will continue to provide the largest share of energy used for power generation, rising from 41% to 46% of the total world electrical supply by 2030. This energy source produces the accumulating environmental concern of CO2 emissions, which will increase accordingly.

Natural gas is predicted to provide the second largest share of total world electrical supply by 2030, but it will still only be 50% of the use of coal. Nuclear power generation is subject to many regulations which slow its expansion and is projected increase in electrical use is difficult to predict.

Renewable energy use continues to rise 1.8% a year, but it is overshadowed by the growth in consumption of coal and natural gas. www.eia.doe.gov/oiaf/ieo/electricity.html


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