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Figure 29: Latin America Residential Energy Consumption 1970 - 2010 80% 70% 60% 50% 40% 30% 20% 10% 0% 1970 2010 natural gas wood electricity petroleum other Source: OLADE SIEE Database Industrial activities account for 34 percent of total energy use in Latin America. Industrial demand has seen a rapid expansion since 1970, averaging 6 percent growth per year. That demand has been coupled with a shift toward natural gas and electricity and away from fuel oil, wood, and sugar cane. Figure 30: Latin American Industrial Energy 1970 - 2010 35% 30% 25% 20% 15% 10% 5% 0% 1970 2010 Source: OLADE SIEE database The outlook for electricity demand According to IEA forecasts, world electricity consumption is expected to increase 72 percent between 2009 and 2035, with Latin America’s electricity consumption growing 75 percent, or about 2.9 percent per year. A recent World Bank publication offered detailed forecasts of electricity demand growth in Latin America. 34PDF Image | Infrastructure and Environment Department
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