Saturday, January 1, 2011

World Electric prediction for the decade

In 1998 world electrical production was 13,663 billion kilowatt hours.  I predicted my usual, a 2.7% rise in production per year.  Because that is the long term historical average.  So my prediction was for 2008 production to be 17,830 billion kilowatt hours.  Back then everyone I told said it wouldn't happen, because of limited resources.

The numbers are out for 2008 now, the world production was 19,103 billion kwh.  The United Kingdom produced 361 billion kwh in 2008.  Or ~1.89% of world output. 

My prediction for the 2018 numbers which will be out in 2020.. is simply an annual 2.7% increase from now.  Or 24,929 billion kwh.  That growth if it happens will be like adding 16 United Kingdoms.

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