By 2030, natural gas, instead of coal, is expected to become the second largest oil source in the world by oil due to efforts to reduce air pollution and increase the use of liquid natural gas (TPG), the International Energy Agency (IEA) said today.
The IEA, based in Paris, said in its report "World Energy Outlook 2018" that energy demand will increase by more than a quarter by between 2017 and 2040, assuming that energy efficiency improves without doubling these requirements Tanjug agency Reuters.
According to the IEA estimates, global demand for natural gas would rise by 1.6 percent in 2040 and would be 45 percent higher than today.
Estimates are based on the IEA's new policy scenario, which takes into account emission reduction legislation and policies, as well as the fight against climate change, and is also based on the assumption of greater energy efficiency in fuel use, building energy efficiency and other factors.
China's largest importer
China, which is already the world's largest importer of oil and coal, will soon become the largest gas importer, and net imports will reach the EU level by 2040, predicts the IEA.
According to Reuters data and Chinese data, China has already pushed Japan out of the world's largest natural gas importer.
Although China is the third largest natural gas user in the world, behind the United States and Russia, it has to import almost 40% of its needs because domestic production can not track demand.
Asian emerging economies will account for almost 50% of global demand for gas, and their share of TPG imports will double to 60% by 2040, as reported by the IEA report.
Worldwide electricity demand rises by 2.1 percent annually, largely due to rising consumption in developing countries.
By 2040, electricity accounts for one-fourth of total energy consumption by end-users such as households and industry.
Coal and renewable energy replace places in the energy mix for electricity generation.
Fighting climate change
It is estimated that the share of coal in this blend will be reduced to 40 percent in 2040, while renewable energy from the current quarter will grow to just over 40 percent.
Emissions of carbon dioxide related to electricity generation will continue to grow slowly, but will remain stable by 2040.
CO2 emissions at 2017, as predicted by the IEA, grew by 10 percent to 36 gigatonnes in 2040, largely due to increased oil and gas consumption.
This path is "far from step", which according to scientific knowledge is needed to address climate change, the IEA report says.