World net electricity consumption nearly doubles over the projection period, from 13,290 billion kilowatthours in 2001 to 23,072 billion kilowatthours in 2025. Strong growth in electricity use, averaging 3.5 percent per year, is projected for the developing world, where robust economic expansion drives demand for electricity to run newly purchased home appliances for cooking, air conditioning, space and water heating and refrigeration. For the industrialized world and the EE/FSU, where electricity markets are more mature, slower average growth rates of 1.6 percent per year and 2.0 percent per year, respectively, are projected. [...] Coal remains an important component of the world’s electricity markets and is expected to continue to dominate many national electricity markets in developing Asia. Currently, of the coal consumed worldwide, 64 percent is used for electricity generation; and in almost every region of the world, power generation accounts for most of the projected growth in coal consumption (Figure 4).
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