Crystal Style Retractable Ceiling Fan Fanaway Ceiling Fan,Foldable Ceiling Fan,Crystal Ceiling Fan With Foldable Blades,Fan With Retractable Blades JIANGMEN ESCLIGHTING TECHNOLOGY LIMITED , https://www.jmesclightingfan.com
Dai Sipan, chief economist at BP, said that the world's demand for energy supply will continue to grow, but the energy supply structure is changing and the demand for carbon-intensive fuels will be less and less. Nevertheless, further policy actions are necessary to achieve the international carbon emission limit.
Natural gas grows fastest
The report predicts that the global economy will grow at an average annual rate of 3.5% in the next 20 years, which requires more energy as a support. Although the energy efficiency will be improved in the future, the overall demand for energy in the world economy will continue to increase. It is expected that the world's demand for energy will increase by 30% to 35% in the next 20 years, with an average annual growth rate of about 1.4%.
In primary energy, fossil fuels will continue to be the main form of energy, meeting 60% of the projected increase in energy demand and accounting for nearly 80% of the world's total energy supply in 2035. Among them, natural gas will become the fastest growing fossil fuel with an annual growth rate of 1.8%. Oil will grow steadily at a rate of 0.9% per year. Coal growth is expected to slow sharply, and its share of the energy mix will slip to an all-time low by 2035, while natural gas will replace coal as the second largest source of fuel.
Among non-fossil fuels, renewable energy, including biofuels, is expected to grow at an annual rate of around 6.6%, and its share of the energy mix will increase from the current 3% to 9% in 2035.
Carbon emission reduction needs to go further
The Outlook pointed out that in the next 20 years, the growth rate of carbon emissions is expected to be halved compared with the past 20 years, and the annual growth rate will be reduced from 2.1% to 0.9%. The sharp decline in carbon emissions growth reflects a faster improvement in energy efficiency and a reduction in energy carbon intensity, both of which are of equal importance.
A few days ago, the high-level signing ceremony of the Paris Agreement was held at the United Nations Headquarters in New York. According to the agreement, countries will work together to reach the highest point where greenhouse gas emissions will no longer increase as soon as possible.
Dai Sipan said that although many countries have given their own contribution plans, it is predicted that carbon emissions will continue to grow, indicating the need for further policy actions. Setting a meaningful global carbon price is expected to be the most effective mechanism that will help accelerate the transition to a low-carbon world. “We believe that proper carbon pricing is a beneficial way to reduce carbon emissions because it has an impact on both “supply†and “needsâ€, both to reduce demand on the demand side and to urge suppliers to adjust. The structure of its own energy supply shifts from a high-carbon energy structure to a low-carbon energy structure."
In addition, carbon pricing allows the market to play a more effective role in capital allocation. Dai Sipan believes that China has its own carbon trading market and will be able to make positive contributions in this regard.
China's demand changes are worthy of attention
China is the world's largest energy consumer, but China's energy demand will increase at an annual rate of less than 2% in the next 20 years, far slower than the average annual growth rate of 8% since 2000. “As China’s economy is evolving towards a more sustainable growth model, China’s energy demand growth will slow sharply, which will severely curb global coal demand – and its growth rate will be less than one-fifth of the past 20 years.†Dai Sipan believes that by 2035 China will account for 25% of the world's total energy consumption. As China's energy structure continues to evolve, China's energy consumption per unit of output will fall by 46%.
In terms of energy structure, the report predicts that China will reduce its dependence on coal. China's coal consumption will grow at an average annual rate of 0.2% in the next 20 years. The proportion of coal in primary energy will fall from about 2/3 in 2014. Less than 50% by 2035. The share of non-fossil energy and natural gas in China's energy mix will rise from the current 15% to about 1/3 in 2035.
In terms of natural gas, Dai Sipan analyzed that in the next 20 years, China's demand for natural gas will increase at an average annual rate of 5%. These new demand will be met by domestic supply, half of which comes from shale gas and the other half. It is satisfied by imports. Imports of LNG in imported natural gas and imports of pipeline natural gas from Central Asia and Russia will be equally divided.
Global energy demand will continue to increase
The Chinese version of BP World Energy Outlook (2016 Edition) was released in Beijing on April 26. The report pointed out that despite the current weak global energy market and the slowdown of China's economic growth, with the development of the world economy, the world will need more energy to support more active social and economic activities, and energy demand will continue in the next 20 years and beyond. Continued growth.