Asia's primary energy production to jump 32% by 2025

Coal will be king by then.

According to Macquarie Research, they forecast that Asia’s total primary energy production will rise 32% by 2025. 

"We conclude that although coal will see its share of regional primary energy production slip by ~8%, it will remain the dominant source of local primary energy production with a ~60% share by 2025," it said in a report.

Here's more from Macquarie Research:

Despite effort to curtail its usage, coal will still be the fastest growing source of energy supply in the region over the next ten years, followed by nuclear (boosted by a Japan partial restart), other renewable and then gas.

China will stay the largest primary energy producer in the region by far, accounting for 60% of Asian energy production by 2025, in line with its 2013 production share.

We model a base case scenario for the top 13 Asian country producers of primary energy. We split the modelling by energy source type, i.e. by oil, gas, coal, nuclear, hydro and other renewables (wind, solar, geothermal and biomass).

For oil and gas we rely on the current reserve life of each, the development pipeline of major projects, the nature of existing oil and gas regulation, political stability (or lack thereof), taxes and FDI incentives (or disincentives). We put all that into the mix and come up with what we think are reasonable production forecasts.

For coal, nuclear, hydro and renewable capacity supply we use a variety of sources, including fellow Macquarie analysts, the IEA’s 2013 World Energy Outlook, various fuel specific resources and journals and our own view on what seems reasonable or not.