Higher economic growth in Africa could lead to more energy use, especially in industry

Africa, with its wealth of natural resources and fast-growing population, may have a significant impact on international energy markets over the next 25 years. The International Energy Outlook 2018 (IEO2018) analyzed uncertainty associated with future energy demand growth in Africa by examining a sensitivity case in which a faster rate of economic growth in Africa—compared with the IEO2018 Reference case—results in greater energy consumption and a larger manufacturing sector through 2040. Source: Today in Energy – Higher economic growth in Africa could lead to more energy use, especially in industry

Continue reading Higher economic growth in Africa could lead to more energy use, especially in industry. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply