Energy Magazine July 2021 | Page 88

Increasing Populations = Increasing Energy Demands
60 % Higher Electricity Demand
TOP 10

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Increasing Populations = Increasing Energy Demands

In many developing nations , birth rates far exceed death rates . As a result , populations are growing , and governments are being forced to provide greater access to energy sources and improve living standards . This all culminates into far greater energy usage . The result ? An anticipated increase of 20 % in the global energy demand by 2040 — half of which will be driven by China and India , the world ’ s two largest countries by population .

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60 % Higher Electricity Demand

When it comes to electricity , we see the very same story as with energy as a whole . We ’ re going to need a lot more of it . And , the potential saviours that will rise up to help meet the growing demand will likely be natural gas , solar , and wind energy sources — the fastest growing selection .
88 July 2021