Energy consumption around the world is rising. Find some figures to describe this growth. Now forecast the future demand for electricity. How accurate are your results? What other factors should be taken into account? What are the implications of your findings?
Answer:
The global average for energy consumption growth is suspected at aroujd 3 percent while China and US as major consumption nation.
The demand for electricity is supposed to rise by 22 percent based on past data consumption and global factors like development of electricity cars.
Other factirs like distribution of electricity, cost pf electricity and availability and accessibility remains challenging factors.
Implications of finding been strong infrastructure push and higher compliance in laws of Foreign Corrupt Practice Act and Sarbanes Oxley Act. Subsequently there will be more adherence towards ethical auditing practices too and huge consumption demands for electricity.
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