Source: BP Statistical Review of World Energy. Population data from World Bank.
World Energy Consumption, 1965-2016
Global energy consumption patterns reveal that the world remains highly dependent on fossil fuels. Over the last 50 years, while energy consumption grew substantially, the world undertook a transition in its usage of fossil fuels, from solids (coal), to liquids (oil) to gases (natural gas). While coal accounted for 39% of all energy consumption in 1965, this share declined to 28% in 2016. Meanwhile, the share of oil declined as well, from 40% of energy consumption in 1965 to 33% in 2016. Natural gas is the only fossil fuel that experienced a growth of its share; from 15% in 1965 to 24% in 2016. Of note is the recent growth of the share of renewables to 3% of all energy consumption. Still, this share remains marginal, but illustrates a potential towards a more diversified and sustainable energy system. On a per capita basis, the level of energy consumption has been declining in the early 1970s when the price of oil increased rapidly, leading to fuel economy initiatives. From the 1980s to the 2000s, consumption per capita stabilized as energy consumption in developing economies expanded. Then, from the 2000s, consumption per capita embarked in a downward trend, indicative of technological improvements in energy efficiency.