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World Energy Outlook 2007

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in the Reference Scenario to 1 481 Mtce (Table 1.17). Russia and Australia are<br />

the main sources of the additional coal needs in China and India. The increase<br />

in China’s coal imports is roughly equal to 50% of Australia’s current coal exports.<br />

1<br />

Table 1.17: Net Inter-Regional Hard Coal Trade* in Selected Regions in<br />

the High Growth Scenario (Mtce)<br />

Difference from the<br />

Reference Scenario in 2030<br />

2005 2015 2030 Mtce %<br />

OECD North America –19 –63 –106 –20 23<br />

OECD Europe 186 235 249 9 4<br />

OECD Pacific 11 –70 –237 –146 160<br />

Asia 228 260 245 –37 –13<br />

Oceania –216 –330 –482 –108 29<br />

Russia –48 –103 –126 –52 69<br />

China –48 112 199 106 115<br />

India 36 125 282 39 16<br />

Indonesia –98 –180 –200 –16 9<br />

* Negative figures denote exports; positive figures imports.<br />

Non-Fossil <strong>Energy</strong> Sources<br />

Nuclear power is marginally higher than in the Reference Scenario, with all of<br />

the difference assumed to come from China and India. Their combined<br />

capacity is 11 GW, or 23%, higher in 2030. The use of modern renewable<br />

energy sources is boosted by higher fossil-fuel prices, increasing by 5% relative<br />

to the Reference Scenario in 2030.<br />

Electricity Use and Generation<br />

Higher GDP growth boosts final demand for electricity globally and, therefore,<br />

fuel inputs to power generation – the major driver of higher energy demand in<br />

this scenario. Power generation costs rise in line with higher fossil-fuel prices,<br />

pushing up final prices to consumers. Yet this has little impact on demand. 14 In<br />

most of the regions that see higher GDP growth, the positive effect of that<br />

growth on demand more than outweighs the negative effect of higher prices.<br />

Coal-fired generation – mostly in China and India – accounts for most of the<br />

increase in power needs in absolute terms (Figure 1.24). Natural gas accounts<br />

for most of the rest of the global increase in generation.<br />

14. See WEO-2006 (Chapter 11) for a discussion of the price sensitivity of demand for electricity and<br />

other fuels.<br />

Chapter 1 - Global <strong>Energy</strong> Trends 113

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