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

11 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

 
 
 

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
11

5 hours ago

Videe: Gas Explosion in Taiwan

Aug 1 2014 3:50pm CDT | Source: Forbes Real Time

Gas explosions in Kaohsiung, second largest city in Taiwan killed at least 25  people and hundreds were injured. The exact cause of the gas leak remains unclear. In India, after a landslide that wiped out an entire village near Pune, rescue workers carried the ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
10

7 hours ago

JSW Steel profit tops expectations

Aug 1 2014 2:11pm CDT | Source: Business Standard

JSW Steel, India's third-largest steel maker, beat consensus estimates on earnings in the June quarter and reported a consolidated net profit of Rs 656 crore against a loss of Rs 381 crore in the year-ago quarter. The comp ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
9

7 hours ago

Rescue workers lose hope of India landslide survivors

Aug 1 2014 2:00pm CDT | Source: The Nation - Pakistan

MALIN, India, : Rescue workers were losing hope Friday of finding survivors amid the mud and debris from a major landslide in western India, where 150 people are feared to have been killed. Sixty bodies and eight survivors have now been pulled from the site where a village once stood in a remote part of Maharashtra state, but incessant rains an ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
8

7 hours ago

Saudi Arabia bans import of Indian pepper

Aug 1 2014 2:00pm CDT | Source: The Nation - Pakistan

JEDDAH : Saudi authorities have decided to impose ban on the import of all types of pepper from India. According to reports, presence of high levels of pesticides in the Indian consignment was the reason for the import restriction. According to the Indian Spices Board, chilli peppers are one of India’s largest foreign currency earners, and between April and Nove ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
7

7 hours ago

Creating a corporate Image

Aug 1 2014 1:39pm CDT | Source: Business Standard

The future business leaders could opt for the old Indian way of their grandparents, the 'live simply, splurge abroad and do lots of charity' approach or the Pillai-Mallya-Mehta 'spend it like its growing on trees' routeNow that ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
5

9 hours ago

T N Ninan: Enterprise at the base of the ...

Aug 1 2014 12:20pm CDT | Source: Business Standard

Which states do you think recorded the fastest growth in non-agricultural and non-governmental employment, after 2005? If you think you have the answers, think again. Three of the best-performing state ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
4

9 hours ago

Aditi Phadnis: Najma Heptulla's time is now

Aug 1 2014 12:16pm CDT | Source: Business Standard

As a Muslim in the BJP, her position is different. But Heptulla will be the first to acknowledge that she is in a position ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

12 hours ago

Tamil boat people secretly flown to Nauru

Aug 1 2014 9:00am CDT | Source: The Daily Telegraph

THE 157 Tamil asylum seekers brought to the Australian mainland last week after a month at sea have been flown to Nauru in a secret overnight operation, after all refused offers to ...
Source: The Daily Telegraph   Full article at: The Daily Telegraph
 

 
Update
2

12 hours ago

Sri Lanka tenders unqualified apology to Modi, Jaya

Aug 1 2014 8:36am CDT | Source: Business Standard

The Sri Lankan government has offered an unqualified apology to Narendra Modi, the Prime Minister of India and J Jayalalithaa, Chief Minister of Tamil Nadu, amidst the protest from political parties in Tamil Nadu against an article publi ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
1

13 hours ago

India expects deal on trade facilitation, food security in Sept - source

Aug 1 2014 7:41am CDT | Source: Reuters India

NEW DELHI (Reuters) - India is prepared to engage with members of the World Trade Organisation (WTO) to sign a deal on trade facilitation and food security in September, a senior trade ministry official said on ...
Source: Reuters India   Full article at: Reuters India
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

WTO fails to reach trade facilitation agreement
Geneva, Aug 2 (IANS) Negotiations at the World Trade Organisation(WTO) has failed to agree on the implementation of the trade facilitation agreement as the deadline of July 31 passed.
 
 
Liberia reports new Ebola cases
Lagos, Aug 1 (IANS) The Liberian government has reported new Ebola cases as of July 28.
 
 
Japanese men's life expectancy over 80 years for first time
Tokyo, Aug 1 (IANS/EFE) The life expectancy of Japanese men stood at 80.21 years in 2013, the first time that men have gone past the 80-year mark in the Asian country, according to the country's ministry of health, labour and welfare.
 
 
Methane created mysterious Siberian crater: Study
London, Aug 1 (IANS) The mysterious crater spotted in the frozen Yamal peninsula in Siberia earlier this month was probably caused by methane released as permafrost thawed, Russian researchers say.
 
 
 

Latest from the Network

Tom Cruise surprises at derby event
London, Aug 2 (IANS) Hollywood star Tom Cruise, who is filming the fifth instalment of the "Mission: Impossible" franchise here, surprised revellers at a horse racing event here. He showed up at the event at the...
Read more on Celebrity Balla
 
Sahana finishes eighth in women's high jump
Glasgow, Aug 2 (IANS) Indian athlete Sahana Nagaraj came out with a disappointing performance to finish eighth in the women's high jump final at the Commonwealth Games here Friday. The gold went to Australia's Eleanor...
Read more on Sport Balla
 
Boxers Sarita, Devendro enter final, Pinki wins bronze (Third Lead)
Glasgow, Aug 2 (IANS) Former world champion L. Sarita Devi and her state-mate L. Devendro Singh came out with stupendous performances in their respective bouts to enter the Commonwealth Games boxing finals after Pinki...
Read more on Sport Balla
 
Discus thrower Seema wins silver, Krishna fifth
Glasgow, Aug 2 (IANS) Indian discus thrower Seema Punia won the silver medal with her season's best performance while her compatriot and defending champion Krishna Poonia finished a disappointing fifth at the...
Read more on Sport Balla
 
India qualify for women's 4X400m relay finals
Glasgow, Aug 2 (IANS) Defending champions India qualified for the women's 4X400 metres relay finals at the 2014 Commonwealth Games here Friday. The team of Debashree Majumdar, Tintu Luka, Ashwini Akkunji and Poovamma...
Read more on Sport Balla
 
Joe Manganiello works hard for unique physique
Los Angeles, Aug 2 (IANS) Actor-filmmaker Joe Manganiello says a rigorous fitness regime has helped him shape up his incredible physique. The 37-year-old actor says that unlike many other famous faces in Hollywood, he...
Read more on Celebrity Balla
 
Cheryl happiest than ever, believes Simon Cowell
Los Angeles, Aug 2 (IANS) Music mogul Simon Cowell says his "X Factor" co-judge and singer Cheryl Fernandez-Versini aka Cheryl is the "happiest he has ever seen her". It's the effect of marrying French restaurateur...
Read more on Celebrity Balla
 
Hamas's denies kidnapping Israeli soldier in Gaza
Gaza, Aug 2 (IANS) The armed wing of the Islamic Hamas movement, Qassam Brigades, denied Saturday kidnapping of an Israeli soldier in the Gaza Strip. "Until now, we have no idea about the disappearance of the Israeli...
Read more on Politics Balla
 
Johnny Depp performs with Aerosmith
Los Angeles, Aug 2 (IANS) Actor Johnny Depp joined his close friend Steven Tyler and his Aerosmith bandmates Tom Hamilton, Joey Kramer, Joe Perry and Brad Whitford here where they played "Big Ten Inch Record" together...
Read more on Celebrity Balla
 
Nine Palestinians killed in Gaza airstrikes
Gaza, Aug 2 (IANS) Israeli airstrikes and artillery attacks killed at least nine Palestinians Friday in southern Gaza Strip, medical sources said. Six people from a same family were killed and five others injured in...
Read more on Politics Balla