Asia to dominate energy demand by 2040, forecasts IEA
Forecasts from the International Energy Agency conclude that the dominant players in the sector, especially the United States and China, will need to find ways to work together in spite of trade disputes. Meanwhile, the transformation of the electricity sector will drive economic growth and enable emission reduction strategies, especially in developing economies
Geopolitics will play an increasing role in the energy business in the period to 2040, as US production and Asian demand rise in prominence, according to the latest analysis from the International Energy Agency