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The Future of Fossil Fuels and Turkey’s Policy for Reducing Dependence

As an emerging economy, Turkey also has faced an increase in energy consumption in the last few decades, especially due to a growth in population and economic expansion. Over the last decade, Turkey has been the second country, after China, in terms of gas and electricity demand growth.

Fossil fuels are an essential part of global energy demand. In fact, according to statistics from 2014, 86 percent of global energy demand was met by fossil fuels. And total world energy consumption has continued to rise steadily. Recent scenarios developed by BP point to continuing growth in fossil fuel demand in the near future. At least over the coming 20 years, fossil fuels will remain the dominant form of energy, accounting for almost 80% total energy supplies in 2035.

Fossil fuels supply increases, declines and depletions depend on their proved reserves, exploration and consumption rates. As seen from the graph, gas is the fastest growing fossil fuel. In contrast, a gradual increase in coal consumption since 2000 is expected to slow steadily, such that gas will replace it as the second largest fuel source. It is also predicted that oil will keep its dominancy in 2035, despite the trend of a decline in its share.

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[The New Turkey, December 25, 2016]

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