Energy demand in Europe is not growing as fast as in other parts of the world but it still constitutes a significant portion of global energy demand.  Europe’s share of global primary energy demand is around 14%, although it is likely to decrease to 11-12% by 2030 according to IEA forecasts. While growth is slower than 50 years ago, energy for Europe continues to be a strategic issue.

On July 13 2009, the first international agreement on the Nabucco project was signed in Ankara to ensure gas supply for Europe from the Caspian Region to Austria through Turkey and Eastern Europe. Europeans are to almost 50% dependent on foreign resources for their primary energy demand.  Having experienced gas cuts in recent years, resulting in hard times for their industries and residents, Europe would like to become less dependent on Russia by securing its supply from different sources.

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The World Bank has recently published a book that might be interesting to fellow CleanTechies. “Financing Energy Efficiency: Lessons from Brazil, China, India, and Beyond” says that aforementioned countries will more than double their energy use and greenhouse gas emissions within a single generation if they fail to implement successful energy efficiency efforts. Given the increasing energy demand from these three developing nations at a time of skyrocketing worldwide energy prices and greenhouse gas emissions, there should be a general interest to reduce energy consumption in these countries.

Alarming figures
China, India and Brazil are three of the world’s top 10 energy consumers. Together these countries are expected to represent 40% of the world’s population and be responsible for well over 50% of all energy demand by developing countries. By 2030, they are expected to account for 42% of growth in energy demand worldwide.

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