SUGAR LAND, Texas, Sept. 15, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--In its new International Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts that renewables and nuclear energy are expected to express the dominant growth throughout the world through 2040. While the growth of these non-fossil-fueled industries is expected to be strongest, the agency predicts that in 2040, fossil fuels will still account for 77% of energy consumption, with coal remaining flat while natural gas consumption rises. The agency predicts that by 2040, generation from renewable energy sources will surpass generation from coal on a global basis. Industrial Info is tracking $1.29 trillion in active wind power projects throughout the world.
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SOURCE Industrial Info Resources, Inc.