KMI: 2020 Guidance - Published Budget
Global Energy Demand Expected to Grow for Decades to Come
More than 650 million people still expected to lack access to electricity in 2030
STEADY GROWTH IN GLOBAL ENERGY DEMAND
Billion tons of oil equivalent
18
KINDER MORGAN
DEMAND GROWTH DRIVEN BY DEVELOPING ECONOMIES
% of projected incremental demand from 2017 to 2040
16
16
14
12
10
10
8
00
6
4
2
0
2000
Projections
2017
2025
2030
Renewables
Natural gas
SE Asia
15%
Petroleum and liquids
Africa
15%
Coal
Nuclear
2035
2040
Rest of World
2%
Latin
America
10%
India's demand expected
to more than double
India
32%
China
26%
China projected to become
biggest oil consumer and largest
importer of oil and natural gas
Population growth, urbanization and economic development
create growing demand for affordable, reliable energy sources
Source: International Energy Agency World Energy Outlook 2018, New Policies Scenario. New Policy Scenario considers (1) today's policy frameworks, (2) the continued evolution of known technologies and (3) policy ambitions
announced as of August 2018, including commitments made under the Paris Agreement.
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