Bloomberg News

Jet Fuel Use to Grow Faster Than Diesel, Energy Council Says

December 09, 2011

(Updates with fuel demand forecasts in second paragraph.)

Dec. 8 (Bloomberg) -- Jet fuel consumption will grow at a faster rate than diesel worldwide through to 2050 while demand for gasoline will decline in a “radical change” for the transport sector, the World Energy Council said.

The use of jet fuel may double by 2050 compared with last year, the London-based researcher said in its Global Transport Scenarios 2050 report, published today. Diesel and fuel oil use are forecast to climb 46 percent, while gasoline demand is expected to drop 63 percent in the next four decades, based on WEC’s Tollway scenario, which assumes government intervention to stimulate alternative technologies and public transport.

“Global transport will remain heavily dependent on fossil fuels with a strong rise in demand for diesel, fuel oil and jet fuel compared to gasoline,” Ayed Al-Qahtani, a senior project manager for the report, said in an e-mailed statement. Rising diesel consumption is largely driven by demand from the heavy transport, agriculture, and mining sectors, WEC said.

Biofuels use will expand fourfold over the period, the council said. The council carries out research for 93 member countries.

--Editors: Raj Rajendran, Rob Verdonck.

To contact the reporters on this story: Lananh Nguyen in London at lnguyen35@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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