Energy Outlook

BP has come out with their annual outlook and they have an interesting take on Future of Energy demand and supply.Interestingly clean and alternative fuel will have an prominent role to play

*Source - BP

The Complete Report  

Energy Use Per Unit GDP

"Energy intensity is converging across the world

THE energy required to produce a unit of GDP is falling in most countries around the world. As countries industrialise, energy-intensive businesses make up a bigger share of the economy. Peaks generally correlate to the high point of heavy industry, before lighter industry and higher value-added businesses (such as services) begin to replace old-fashioned smokestack manufacturers. This often coincides with gains in energy efficiency, too. According to BP’s "Energy Outlook 2030", published on January 19th, globalisation will lead to a similar level of "energy intensity" across the globe by 2030, despite wild divergence in the past, as energy is traded freely and consumption trends and technologies spread."

The Economist