Global energy consumption is set to increase despite expected higher oil prices. Growth projections indicate an increase of 71% of energy consumption in 2030 over 2003.
Total energy consumed is seen to increase from 421 Quadrillion British thermal units (QBtu) in 2003 to 563 QBtu in 2015 and then to 722 QBtu in 2030. Expansion in manufacturing activities, spurred by economic growth, leads the drive in rising energy consumption.
Energy demand in the EU is expected to increase to 84.4 QBtu in 2010 to 94.5 QBtu in 2030. Asia's energy consumption is expected to grow from 83.1 QBtu (QBtu) in 2003 to 149.4 in 2015 and then to 223.6 QBtu in 2030, averaging an annual growth rate of 3.7%. Most of the growth is expected in China and India.
Oil is still the most common source of energy although on the basis of annual growth rate, global oil consumption slowed to 1.3% in 2005 from up 3.6% in 2004.
Renewable energy’s share of world total primary energy supply (TPES) is still small. It accounted for only 13.3%. Hydroelectricity and CRW (Combustible Renewables and Waste) formed the bulk of renewables supply at 12.8%. Tidal, wind, solar, and geothermal power accounted for less than one percent.
The three main uses of energy are transportation fuel, heating and electricity. Oil is still the undisputed leader in transportation fuel while renewable energy is most commonly applied in heating and electricity where it contributed 18% to overall electricity production1.
Global energy consumption is set to increase despite expected higher oil prices. Growth projections indicate an increase of 71% of energy consumption in 2030 over 2003. 
Expansion in manufacturing activities, spurred by economic growth, leads the drive in rising energy consumption. 
