Sharp demand decrease in most OECD countries, largely compensated by a healthy Chinese market
Analysis of the energy consumption in 2011 of major countries by Enerdata, based on our global energy database.
The energy consumption growth in the G20 slowed down to 2% in 2011, after the strong increase of 2010. The economic crisis is largely responsible for this slow growth. For several years now, the world energy demand is characterized by the bullish Chinese and Indian markets, while developed countries struggle with stagnant economies, high oil prices, resulting in stable or decreasing energy consumption.