
Growth in global energy demand will be led by greater electrification of the global economy. (Image source: Daniel Parks/Flickr)
Global population growth of nearly two billion, doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are expected to contribute to growth in energy demand of about 25 per cent from 2015 to 2040, according to ExxonMobil?s 2017 Outlook for Energy: A View to 2040