Home/Newsfeed

Forget ‘Peak Oil’: We Could Reach ‘Peak Demand’ for Energy Before 2030

Share Print 0

A new report from the World Energy Council has found that per capita energy demand will peak in the next decade or so.

The report, launched at the 23rd World Energy Congress in Istanbul, states that “unprecedented efficiencies created by new technologies and more stringent energy policies” would see primary energy demand growth diminish and per capita energy demand peak before 2030.

World Energy Scenarios 2016 – The Grand Transition, was produced by the WEC “in collaboration” with Accenture Strategy and the Paul Scherrer Institute.

CNBC

USD/CAD – Canadian Dollar Subdued as US, Canadian Markets Closed for Holidays

FOMC Minutes and Earnings Key This Week

Markets Call a Draw on 2nd Presidential Debate

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
, ,
Back to Top