«Global & Russian Energy Outlook 2035» ERIRAS

... nonetheless it is unlikely to fall further as the opportunity cost for the next stage of efficiency is too high. Lastly, in regards to developing economies the demand is expected to boom, with 85% of the global growth in oil and gas expected from them. Numerically,... ... the latter especially as it holds the world’s biggest reserves of shale. - There is Future in Alternative Energy and Renewables… in the Future: Renewables will make steady progress, rising from the current 1% to around 4.5% of the global ...