Future Energy – AEG’s Vision

Technology and Fuels for Today and The Future

Oil is expected to remain the single largest source of energy through 2040.  The projected growth is approximately 25%.  In 2025 we expect a significant shift in the global energy mix where we believe gas shall become the second largest source displacing coal. LNG does not produce any smoke or pollution and is 100% more efficient than coal.

The growth in gas demand is also predicted to be up by 65% in 2040. The mix will consist of 80% fossil fuels, with the remaining comprising of clean energy sources.

AEG continues to monitor the energy outlook which shows the world moving in a less carbon-intensive fuel environment.  Eventually the industry will be replaced with renewable or clean energy sources.