The European Energy Outlook to 1985

G.F. Ray and G.M. Walsh

National Institute Economic Review, 1978, vol. 86, 65-73

Abstract: This article surveys the changes in recent years in the energy plans/forecasts of seventeen West European countries and in the prospects for European energy supplies. Economic growth since the 1975 recession has been slower than foreseen at the time of our similar survey two years ago; expectations concerning growth to 1985 are now also lower, resulting in energy requirements which are below those forecast earlier. The previous ambitious nuclear plans have in many cases been considerably reduces but higher future use of natural gas is planned. Europe's dependence on imported energy may be reducedfrom 64% in 1973 to just over 50% in 1980 and 1985 but seems likely to increase fairly rapidly again later on unless new domestic energy sources are found by then.

Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:86:y:1978:i::p:65-73_7

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