360° Coverage : `India, China to lead rise in world energy'

12 Updates
`India, China to lead rise in world energy'
Photo Credit: MOHD FYROL, Getty Images

`India, China to lead rise in world energy'

Jul 26 2013, 1:30am CDT | by IANS

Washington, July 26 (IANS) Over the next three decades, world energy consumption is projected to increase by 56 percent through 2040, driven by growth in the developing world, including India and China, the US Energy Information Administration (EIA) said in its newly released International Energy Outlook 2013.

Washington, July 26 — Over the next three decades, world energy consumption is projected to increase by 56 percent through 2040, driven by growth in the developing world, including India and China,...

Filed under: news

YouTube Videos Tweets

 
 
 

1 year ago

`India, China to lead rise in world energy'

Jul 26 2013, 1:30am CDT | by IANS

Washington, July 26 (IANS) Over the next three decades, world energy consumption is projected to increase by 56 percent through 2040, driven by growth in the developing world, including India and China, the US Energy Information Administration (EIA) said in its newly released International Energy Outlook 2013.

Washington, July 26 — Over the next three decades, world energy consumption is projected to increase by 56 percent through 2040, driven by growth in the developing world, including India and China, the US Energy Information Administration (EIA) said in its newly released International Energy Outlook 2013.

The report Thursday found that world energy use may increase from 534 quadrillion British thermal units (Btu) in 2010 to 820 quadrillion Btu in 2040. One quadrillion Btu is equal to 172 million barrels of crude oil.

"Rising prosperity in China and India is a major factor in the outlook for global energy demand," said EIA Administrator Adam Sieminski, adding that "these two countries combined account for half the world's total increase in energy use through 2040".

The report also found that energy use in countries outside the Organization for Economic Cooperation and Development (OECD) will increase by 90 percent, while in OECD countries, the increase is merely 17 percent.

With respect to energy production, the report described renewable energy and nuclear power as the world's fastest-growing energy sources, each increasing by 2.5 percent per year, but fossil fuels will continue to supply almost 80 percent of world energy use through 2040.

And natural gas will be the fastest growing fossil fuel in the outlook, with the US and Russia together accounting for nearly one-third of the total increase in world gas production.

In the US, one of the keys to increasing natural gas production is the advances in the application of horizontal drilling and hydraulic fracturing technologies, which are necessary to unlock the shale gas and contribute to a near doubling of total US technically recoverable natural gas resource estimates over the past decade.

IANS

Source: IANS

 
Update
12

Tweets

 
 
Update
11

2 hours ago

Bosch looks to double sales in Apac by 2020

Oct 30 2014 6:34am CDT | Source: Business Standard

Auto components maker Bosch Group today forecast a strong growth for itself in India by 2020 and expects to see positive economic development in the cou ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
10

3 hours ago

VIDEO: Becoming a mother at 70 in India

Oct 30 2014 5:01am CDT | Source: BBC News

The BBC's Divya Arya reports from India, where women of 60 and 70 are becoming mothers fo ...
Source: BBC News   Full article at: BBC News
 

 
Update
9

4 hours ago

Jubilant Foodworks Q2 net down 13% at Rs 29 crore

Oct 30 2014 4:14am CDT | Source: Business Standard

Jubilant Foodworks Ltd that runs food chains, including Domino's Pizza and Dunkin' Donuts in India, today reported 12.75 per cent decline in standalone net profit at Rs 29 crore for the second quarter ended September ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
8

4 hours ago

Indians love cricket? You must be kidding

Oct 30 2014 4:01am CDT | Source: Business Standard

There's this wholly mythical idea about the Indians' love for cricket. It is often touted as the reason why there's no level playing field in India, the cause behind other sports finding the going tough. People don't arrive in ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
6

4 hours ago

Maruti Suzuki net profit up 29 percent, beats estimates

Oct 30 2014 3:39am CDT | Source: Reuters India

MUMBAI (Reuters) - India's biggest carmaker Maruti Suzuki India Ltd beat analyst estimates with a roughly 29 percent rise in its quarterly net profit, helped by higher car sales and a positive forei ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
5

4 hours ago

ICICI Bank Q2 profit up 15 percent, beats estimates

Oct 30 2014 3:35am CDT | Source: Reuters India

MUMBAI (Reuters) - ICICI Bank Ltd, India's biggest private sector lender, reported a record quarterly profit on Thursday, beating analysts estimates, on higher lending and ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
4

9 hours ago

India against imposing developed nations' norms on aid by developing nations

Oct 29 2014 11:02pm CDT | Source: Business Standard

Aid provided by developing countries to their counterparts cannot be subjected to the same norms set for assistance from developing countries, India told a UN General Assembly committee that deals with economic and financial matte ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

18 hours ago

India shifts thousands ahead of cyclone

Oct 29 2014 2:00pm CDT | Source: The Nation - Pakistan

AHMEDABAD, India - India was Wednesday shifting thousands of people out of the way of Cyclone Nilofar due to hit the region this weekend. Nilofar - listed as a “very severe cyclonic storm” by Indian weather officials - is barrelling across the Arabian Sea packing winds of up to 220 kilometres (132 miles) an hour. The c ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
2

18 hours ago

India hands over 627 ‘black money’ names to court

Oct 29 2014 2:00pm CDT | Source: The Nation - Pakistan

NEW DELHI - India’s government on Wednesday handed a top court a secret list of 627 people suspected of stashing “black money” in foreign banks beyond the reach of tax authorities. Attorney General Mukul Rohatgi complied with a Supreme Court order to submit the names of those being scrutinised for allegedly hiding funds in Swiss bank accounts. “The government of India gave ... ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
1

18 hours ago

Situation improves in violence-hit Trilokpuri

Oct 29 2014 1:55pm CDT | Source: Business Standard

In a confidence-building measure by the police, prohibitory orders were relaxed for the entire d ...
Source: Business Standard   Full article at: Business Standard
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

US approves first vaccine against dangerous meningitis strain
Washington, Oct 30 (IANS/EFE) The US Food and Drug Administration (FDA) has approved the first vaccine against meningitis B following outbreaks in several college campuses over the past year.
 
 
Novel treatments for autism on horizon
Washington, Oct 30 (IANS) Rare mutations in more than 100 genes affect networks in the brain that result in autism, showed two major genetic studies on the syndrome led by scientists at the University of California.
 
 
Robots to incorporate bird running techniques
New York, Oct 30 (IANS) With an eye toward building better running robots, researchers analysed some of nature's most energy efficient animals - running birds.
 
 
India gets its 'spook' on to celebrate Halloween (Lifestyle Feature/With Images)
New Delhi, Oct 30 (IANS) "Double, double toil and trouble, fire burn and cauldronbubble," said the three witches in William Shakespeare's Macbeth. The day of the dead, better known as Halloween, will be celebrated all across the world Friday and Indian restaurants, cafes and nightclubs are in full swing to get their "spook" on.
 
 
 

Latest from the Network

UEFA rejects Sporting's request for replay of Schalke match
Lisbon, Oct 30 (IANS) Union of European Football Associations (UEFA) has rejected Sporting Clube de Portugal's request for a replay of their Champions League match with Germany's Schalke 04 due to alleged refereeing...
Read more on Sport Balla
 
US approves first vaccine against dangerous meningitis strain
Washington, Oct 30 (IANS/EFE) The US Food and Drug Administration (FDA) has approved the first vaccine against meningitis B following outbreaks in several college campuses over the past year. The vaccine Trumenba, to...
Read more on Business Balla
 
US condemns attack on refugee camp by Syrian military
Washington, Oct 30 (IANS/EFE) The US has condemned an attack by Syrian armed forces on a camp for displaced people in the northeastern region of Idlib in which 10 people died and dozens were injured. The attack was...
Read more on Politics Balla
 
Kenyan marathoner Makau ready to prove critics wrong
Nairobi, Oct 30 (IANS) Former world marathon record holder Patrick Makau will be keen to silence his critics when he lines up at the Fukuoka Marathon in December. "It has been two years of frustrations. I have been in...
Read more on Sport Balla
 
Novel treatments for autism on horizon
Washington, Oct 30 (IANS) Rare mutations in more than 100 genes affect networks in the brain that result in autism, showed two major genetic studies on the syndrome led by scientists at the University of California....
Read more on Business Balla
 
Kenya's Kimetto, Kipsang battle for marathon jackpot
Nairobi, Oct 30 (IANS) Wilson Kipsang and Dennis Kimetto will battle for the $500,000 World Marathon Majors (WMM) jackpot in Sunday's New York Marathon. The two boarded the same flight from here, heading for New York...
Read more on Sport Balla
 
Market Share of iPhone 6 and iPhone 6 Plus Strenghtens Apple’s Position in the Europe
The iPhone 6 and iPhone 6 Plus are continuing to dominate the global market, as a new report reveals that the market share of the devices have been increased from the same time frame of the last year.According to Mac...
Read more on Apple Balla
 
Market Share of iPhone 6 and iPhone 6 Plus Strenghtens Apple’s Position in the Europe
The iPhone 6 and iPhone 6 Plus are continuing to dominate the global market, as a new report reveals that the market share of the devices have been increased from the same time frame of the last year.According to Mac...
Read more on Apple Balla
 
'Form CARICOM panel to solve Windies contract dispute'
Bridgetown (Barbados), Oct 30 (IANS/CMC) Caribbean island St. Vincent's Prime Minister Ralph Gonsalves has advocated the assembling of a three-member Caribbean Community (CARICOM) panel to help resolve the ongoing...
Read more on Sport Balla