Exxon's Global Energy Demand Forecast Through 2040 -- For The Archives -- June 28, 2016

For the archives: global energy demand forecast.

This graphic is in line with about almost everything else I see.

Observations:

• energy: all the above -- everything is represented here
• the graph goes out to 2040
• this is global energy demand
• coal: the amount actually increased significantly from 2000 to 2015, and really doesn't decrease all that much (if it does, its almost imperceptible)
• natural gas: the huge winner -- compare 2040 with 2015 (or 2000, for that matter)
• oil: even oil shows a huge increase
• nuclear: increases some (China? India? where?)
• other renewables (wind/solar): although there's a relative increase, it looks like about 25 quadrillion BTUs/700 quadrillion BTUs = 3.57%. I.N.C.O.N.S.E.Q.U.E.N.T.I.A.L. A rounding error at best.

By the way:

• 2015: 575 quadrillion BTUs
• 2040: 700 quadrillion BTUs
• (700 - 575) / 575 =  22% increase in global energy demand over the next 25 years.

Note: this is not an investment site. Do not make any investment, financial, travel, job, or relationship decisions based on what you read here. But this seems to be an open-book test when it comes to looking where to invest for the long term. 

There is no question that solar has some niches (wind has none, absolutely zero) but as a real global player, unreliable, expensive, non-dispatchable energy is irrelevant.