Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
InfoViewer: Electricity use forecast to fall

Global electricity consumption will fall this year for the first time since 1945, according to the International Energy Agency.

The watchdog for developed energy consuming countries will tell energy ministers from the Group of Eight leading economies on Sunday that electricity demand will fall 3.5 per cent in 2009.

In China, where power use is seen as a more reliable barometer of economic activity than official economic measures, consumption will be more than 2 per cent lower than 2008. Russia will see a fall of almost 10 per cent, while countries in the Organisation for Economic Co-operation and Development will see a fall of almost 5 per cent.

Three-quarters of the global decline in consumption is accounted for by industrial rather than household demand, reflecting the fall in demand from China's manufacturing-heavy economy. Consumption in India, by contrast, is expected to increase 1 per cent.

by Fran on Fri May 22nd, 2009 at 01:50:43 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Occasional Series