According to the 2015 BP Statistical Review of World Energy, global total reserve levels, by fossil fuel, are now: 892 billion tonnes of coal, 186 trillion cubic meters of natural gas, and 1,688 billion barrels of crude oil. While these numbers may seem large at a glance, at today's level of extraction BP's estimated proved reserves of coal would be exhausted in 113 years, the last cubic meter of natural gas in 2069, and the entirety of crude oil reserves by 2067. BP dutifully acknowledges the abundance of factors that could easily alter these projections, but that does not alter the global policy imperitive to support sustainable fossil fuel extraction and development. All we need now is to define "sustainable" against ever changing market, political, and social conditions.
It's a one pager PDF full of live links to energy-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the oil & gas industry, energy companies, biofuels and much more.
The World Energy Outlook is the International Energy Agency's annual flagship publication that provides long-term projections of energy demand, production, trade and investment, by fuel and by region, under several policy scenarios*. These projections currently extend to 2040. WEO-2015 presents three main scenarios that are differentiated by their energy and climate policy assumptions, with the future energy picture that they portray varying significantly, and introduces a forth in this latest edition:The New Policies Scenario – the central scenario – describes a pathway for energy markets based on the continuation of existing policies and...
Energy Production Forecast | Energy Consumption Forecast Source: BP Energy Outlook 2035, February 2015
Key Findings: 1) India has a good reserve of coal and lignite the estimated reserves of coal was around 286 billion tones, an addition of 9 billion over the last year 2) There is high potential for generation of renewable energy from various sources- wind, solar, biomass, small hydro and cogeneration bagasse. The total potential for renewable power generation in the country is estimated at 89760 MW