BRICS are driving growth in energy demand
Enerdata analyses the trends in energy demand, based on its 2012 data for G20 countries
Enerdata, independent Research and Consultancy Firm specialized in the global energy industry and carbon market since 1991, published its annual analysis of energy demand of the G20 countries, based on its 2012 data.
This 2012 report confirms several already observable trends in previous years, with an emphasis of some of them. Beyond the looming photography, the speed of certain changes in the energy mix, especially between gas and coal, and the growing weight of BRICS*, suggest caution for achieving medium and long term forecasts.
In the context of quasi-stagnation (+1%) of the global energy consumption, and of improving energy intensity (-1.7%), the growing weight of BRICS is coming off at first.
As a matter of fact, their energy demand increased by 3.7% despite a sharp slowdown in consumption in China (4% vs. 8% in 2011). Regarding electricity demand, BRICS catches up the G7's level and represents 6 800 TWh.
* BRICS = Brazil + Russia + India + China + South Africa
More information about this 2012 energy demand balance (Download publication with slides analyzing figures of this energy balance)