The demand for power in the UAE will be more than 40,000 megawatts annually by 2020 at a growing rate of 9 per cent, said a senior government official.
The growth rate average is three times of the international energy demand aver
By 2035, global demand for energy will increase by almost 40 per cent, and currently more than 1.5 billion people worldwide are without access to electricity, said experts at a debate hosted by DuPont in Sao Paulo.
Defining a future energy
Major Middle Eastern oil producers will step in to fill any gap caused by supply shortages this year, the IEA's chief economist Fatih Birol said on Friday, while global energy demand will eventually recover from a fall caused by economic slowdown.
The global energy demand will increase by 35 per cent in 2030 even with significant efficiency gains, and natural gas will emerge as the second-largest energy source behind oil, according to Exxon Mobil Corporation.
Exxon in its
The global energy demand is expected to increase by 40 per cent by 2050, according to a new World Economic Forum report developed in partnership with Accenture.
The report entitled 'The Energy Efficiency: Accelerating the Agenda,' which em
Saudi Arabia needs to tame growth in its domestic oil and gas consumption, which are too big for both its population growth and the size of its economy, the central bank governor said.
"Data show that the kingdom's domestic consumption of
Energy demand in the Gulf has more than doubled in the past 10 years and is forecast to increase by 85 per cent by 2030 compared with 2008 levels, a Wood Mackenzie report said.
An energy demand surge in the Arabian Peninsula will be largel