Integrated Green Energy Solutions, Volume 2

36World Energy Demand

Satish R. Billewar^1*, Gaurav Londhe² and Pradip Suresh Mane³

¹ Vivekanand Institute of Management Studies & Research, Mumbai, India

² Jain Deemed to be University, Bangalore, India

³ Vasantdada Patil Pratishthan’s College of Engineering and Visual Arts, Mumbai, India

Abstract

By the end of the next two decades, the developing world predicts to face the consequences of the use of fossil fuels, the production of local pollution, and the release of greenhouse gases. The USA Energy Information Administration claims that the amount of energy used by OECD countries in 2007 was equal to non-OECD countries. By 2035, the amount of energy used by OECD Countries will increase by 14%, while the amount of energy used by non-OECD countries will rise by 84%. In developing countries, China and India will expect second and third highest energy requirement in the world after the USA. Over the next 15 years, China and India will account for half of the world’s total growth in energy demand. A majority of the new carbon dioxide pollution from around the world will come from China and India. According to current forecasts, India will be the third-largest oil importer in the world by 2030. China will install more new electricity generating capacity in the country between now and 2030 than the United States will have installed in its entire history.

The EU is interested in sustainability and competitiveness in the low-carbon economy. The EED guidelines reduce energy consumption ...