Productivity Of Growing Global Energy Demand: A Microeconomic Perspective

Energy is again in the headlines. Higher oil, gas, coal, and uranium prices have brought back age-old concerns about whether the physical resources of the globe can meet the rapidly growing demand from developing economies. To provide a fact base to inform the debate, the McKinsey Global Institute (MGI) and McKinsey's Global Energy and Materials Practice launched a yearlong effort to understand the microeconomic underpinnings of global energy demand. Our focus has been on energy productivity - how the growing demand for energy can be met most productively.