Azerbaijan, Baku, 12 November / Trend corr. A.Badalova/ World energy
demand will increase by 45% by 2030, with annual increase of 1.6%, according to
the world's energy review 2008 placed on the official website of the
International Energy Agency (IEA).
According to IEA
forecasts, the world oil demand growth will be observed owing to the non-OECD countries
(Organization for Economic Cooperation and Development)- China will provide 43%
of demand, the Middle East - 20%, other developing Asian countries - the
remaining part.
Investment in energy
infrastructure will require $26.3bln, but the credit limit can be a reason to
postpone expenditures.
After 2010, renewable energy will become the second source following coal due
to governmental support, high prices for fuel and reduce in investment expenditures.
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