North East Eurasia
A strong dependence on oil and gas export revenues
- The region’s dependence on oil and gas export revenues will remain strong.
- On most decarbonization indicators this region lags and remains a laggard, although there is intense focus on energy efficiencies.
- Only one fifth of the region’s primary energy needs will be met by non-fossil sources in 2050.
North East Eurasia’s final energy demand has started to decline and this will continue. The manufacturing sector will see the largest reduction in demand, resulting from significant improvements in energy efficiency. The energy demand from buildings and transport will also sink as population growth is flat, economic growth moderate, and technologies used in buildings and the vehicle fleet are becoming more efficient.
The region’s primary energy mix remains dominated by fossil fuels over the forecast period, with oil as the main energy source in the transport sector and natural gas in the manufacturing, buildings, and power sectors. In 2050, natural gas, oil, and coal will still cover 80% of the region’s primary energy use; nuclear is 7% and renewable energy, at 13%, is lowest of all regions.