EIA: Strong growth in Asia will increase global energy consumption by 50%

In its International Energy Outlook 2019, the U.S. Energy Information Agency predicts that world energy consumption will increase by nearly 50% between 2018 and 2050. EIA predicts that most of the growth will come from regions where energy consumption is driven by strong economic growth, especially in non-OECD Asia. The annual long-term assessment of the world energy market by environmental impact assessment includes a reference case and four core supporting cases, each of which uses different assumptions for prediction.
"in 2018, Asia's energy consumption is higher than any other region. We expect that energy consumption in Asia will almost double between 2018 and 2050, making Asia the largest energy consumption and fastest growing region in the world," said Linda Capuano, director of environmental impact assessment. This long-term trend in energy consumption in Asia has had a tremendous impact on the exploitation, refining and transportation of oil, natural gas and other fuels
IEO 2019 contains energy consumption forecasts for 16 regions of the world. The predictions of the United States in the International Energy Outlook 2019 are consistent with those published in the Annual Energy Outlook 2019. Environmental impact assessment does not mean that the International Environment Outlook 2019 is the most likely forecast for the future, but the baseline for assessing the impact of policy or technological changes. Four other cases show the impact of changing other key model assumptions.
2026-10-17
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Egypt Energy Show 2027
-
ADIPEC 2026 to mobilise investment in resilient, intelligent energy systems that power global growth
-
U.S.-Iran Détente Triggers Oil Price Plunge, Energy and Chemical Sectors Tumble
-
"Zipper-Like" Opening and Closing of Hormuz Coupled with Russian Export Ban Send Energy and Chemical Prices Soaring
-
2026 Week 19 Commodity Weekly Report: Chemicals Lead Decline, Energy and Non-ferrous Metals Show Strength in Some Areas
-
Total energy consumption will increase by 2.9% in 2022
-
Qatar Energy CP Chemical Co-construction of Ras Lavan Petrochemical Plant
-
Uncertainty still has green transformation -2023 World Energy Situation Prospective
-
The First Plant of BASF's Zhanjiang Integrated Base was Officially Put into Production!
-
Global LNG Investment to Peak at $42 Billion in 2024
Recommend Reading
-
Plant Omega-3 Gets a New Argument
-
Probiotics Push for Economic Value
-
Panama Canal Tightens Draft Restrictions Again: Chemical Logistics Risk Moves Beyond the Price Sheet
-
Trump Tariff "Boomerang": $2.5 Billion Polysilicon Factory Faces Shutdown Crisis
-
China Keeps Registering Pesticides
-
Business Society’s Market Outlook for LLDPE on September 7, 2026: Volatile
-
This Week, China's Titanium Dioxide Market Remains Stable (10.20-10.24)
-
Business Society’s PVC Market Outlook on September 7, 2026: Relatively Strong Fluctuations
-
Cost-Side Impact: Asphalt Market Shows Slight Recovery After Prolonged Decline
-
Business Society’s ABS Market Outlook on September 7, 2026: Volatile