BAKU, Azerbaijan, Nov.7
By Leman Zeynalova – Trend:
Global commercial jet fuel use will more than double from 13 quadrillion British thermal units (quads) in 2018 to 29 quads in 2050, Trend reports with reference to the US Energy Information Administration (EIA).
More than half of the growth occurs in in countries that are not members of the Organization for Economic Cooperation and Development (OECD), whose collective consumption of jet fuel surpasses OECD countries’ jet fuel consumption by 2040, EIA said in its International Energy Outlook 2019 (IEO2019).
“Countries in Asia are the largest source of future jet fuel demand, and China and Southeast Asia represent more than half (59 percent) of global growth during the IEO2019 projection period. In particular, China’s jet fuel consumption more than triples, from 1.6 quads in 2018 to 6.0 quads in 2050. EIA expects the United States and countries in Europe and the Middle East to also experience considerable growth in jet fuel consumption,” reads the report.
Asian jet fuel consumption grows faster than in any other world region, increasing to more than 40 percent of global commercial jet fuel use in 2050, according to EIA.
“Growth in jet fuel consumption is lower than the growth in freight and passenger travel indicators because the global aircraft fleet is expected to become more fuel efficient: overall aircraft fleet efficiency improves by more than 20 percent between 2018 and 2050. EIA expects air travel energy demand will continue to be met with mostly petroleum-based fuels.”
Passenger air travel nearly triples during the IEO2019 projection period, from 6 trillion seat miles in 2018 to about 18 trillion seat miles in 2050. EIA expects that a growing global middle class will travel more both domestically and internationally as household incomes rise. In particular, projected Asian jet fuel consumption grows faster than in any other world region, increasing to more than 40 percent of global commercial jet fuel use in 2050.
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