Global Utilities: China Rapidly Growing Energy Markets Report

http://www.chinaccm.com 2006-8-15 15:30

Published:             August 2006
Price (USD):          $1,695 /PDF   SALE $1,356

Introduction

China continues to lead world energy demand growth, largely as a result of strong economic growth.  While this trend will continue, there will soon be a second wave of rapid demand growth markets where a combination of increased economic prosperity, greater supply availability and the currently low levels of energy consumption conspire to create significant increases in demand.

Scope of this Report

Insight into recent global energy consumption patterns and demand growth.  An overview of the key factors driving global energy demand growth.  
Predictions on which markets will be the main drivers of energy demand growth.

Research & Analysis Highlights

The pace and magnitude of Chinese economic growth means it will continue to see the fastest acceleration in energy demand growth in the short to medium term.  The growth prospects for primary energy demand have particularly significant potential in 15 markets in the world where per capita demand levels are below the global average and where forecasts of GDP growth are above average.

Key Reasons to Read this Report

Identify and benchmark the factors governing the prospects for global energy demand growth.  Gain insight into the economics driving energy demand growth in particular markets.  Understand the relative importance in individual markets of factors driving energy demand.

PREDICTION

The effect rapidly growing Chinese energy demand has had on global energy market dynamics continues to be a major concern for the global energy economy.  Chinese energy demand will remain buoyant throughout 2007, leading to continued pressure on global prices.

SUMMARY

China has lead the world in terms of energy demand growth, largely as a result of a strong acceleration in its economy.  This demand growth has resulted in energy, particularly oil, being in shorter supply elsewhere in the world leading to price rises.  China's strong economic growth shows no sign of abating in the short term and as such 2007 will again be characterized by rapid Chinese energy demand growth.  However, China is not the only market where demand growth prospects are significant.

METHODOLOGY

ANALYSIS

a.    Over the past five years China has lead the world in Primary Energy demand growth
b.    Growth in Chinese energy demand has been driven by economic growth being significantly above the global average
c.    Chinese economic growth will remain the highest in the world in the short to medium term
d.    There are four main interdependent factors driving future energy demand growth
e.    Whilst China has lead energy demand growth, there has been a second wave of rapid growth markets with strong future potential
f.     Chinese energy demand will continue to grow rapidly as a result of continued economic growth
g.    In addition to the common theme of GDP growth and low per capita demand, the structural factors driving demand growth in the 15 high potential markets vary widely

APPENDIX

Further reading
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List of Figures

Figure 1:   Primary Energy Demand Growth in the World's 20 Fastest Growing Energy Markets
Figure 2:   Historic GDP Growth in the World's 20 Fastest Growing Energy Markets
Figure 3:   Forecast GDP Growth in the World's 20 Fastest Growing Energy Markets
Figure 4:   Four key factors 
Figure 5:   GDP Growth vs. Primary Energy Demand Growth (20 Fastest Growing Markets)
Figure 6:   Short Term GDP Growth vs. Population Growth Forecasts (20 Fastest Growing Markets)
Figure 7:   GDP Growth vs. Per Capita Demand Deviation