Projections and Policy Scenarios to Meet Future Global Electric Energy Needs

Tachrir Tachrir (), Agustinus Lolok (), Wa Ode Zulkaida (), Nini H. Aswad (), La Fariki (), Saemu Alwi () and Hasddin Hasddin ()
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Tachrir Tachrir: Department of Electrical Engineering, Faculty of Engineering, Halu Oleo University, Kendari, Southeast Sulawesi, Indonesia
Agustinus Lolok: Department of Electrical Engineering, Faculty of Engineering, Halu Oleo University, Kendari, Southeast Sulawesi, Indonesia
Wa Ode Zulkaida: Department of Electrical Engineering, Faculty of Engineering, Halu Oleo University, Kendari, Southeast Sulawesi, Indonesia
Nini H. Aswad: Department of Civil Engineering, Halu Oleo University, Kendari, Southeast Sulawesi, Indonesia
La Fariki: Southeast Sulawesi Province Regional Research and Innovation Agency, Kendari, Indonesia
Saemu Alwi: Faculty of Economics and Business, Halu Oleo University, Kendari, Southeast Sulawesi, Indonesia
Hasddin Hasddin: Department of Urban and Regional Planning, Faculty of Engineering, Lakidende University, Unaaha, Indonesia

International Journal of Energy Economics and Policy, 2025, vol. 15, issue 4, 127-138

Abstract: Projection and/or forecasting of future electricity production and consumption is needed to ensure its availability. The purpose of this study is to present empirical facts regarding global electricity production (supply) and consumption needs (demand) in the last 30 years (1993-2022). The second objective is to project and create policy scenarios to meet global electricity needs in the future, until 2052. Using a quantitative descriptive paradigm to explain empirical facts based on quantitative data. Data were collected from electricity production and consumption reports by Enerdata, and the European Commission during the period 1993-2022. Data analysis uses a Business-As-Usual (BAU) scenario model with the help of regression. It was found that global electricity consumption and production spread across Europe, CIS-Russia, North America, Latin America, Asia, the Pacific, Africa, and the Middle East during 1993-2022 are under each other, and show an increasing trend every year. Since 2003, Asia has had the largest electricity production and consumption. To meet global electricity needs until 2052, the policy scenario needed is the need for additional efforts from current production capacity. Asia is the largest, namely 370.05% or 12.33% per year.

Keywords: Business-As-Usual; Electric Energy; Production; Consumption; Policy Scenarios (search for similar items in EconPapers)
Date: 2025
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DOI: 10.32479/ijeep.17132

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