The main causes will be India’s high level of economic growth, large (and growing) population and low (but increasing) levels of energy use per capita. With India moving to the centre stage in global energy, the energy demand will increase to two-and-a-half-times current levels.The single largest energy demand growth story of recent decades, that is, China's coal use will reach its plateau as its economy rebalances and overall energy demand growth slows, before declining.India in the developing Asia region will take over China as the largest source of consumption growth.Developing Asia will be the leading demand centre for every major element of the world's energy mix in 2040 – oil, gas, coal, renewables and nuclear.By 2040, China's net oil imports will be nearly five times those of the United States, while India's import will easily exceed those of the European Union.World energy demand will grow by nearly one-third between 20 in the central scenario of WEO-2015, with the net growth driven entirely by developing countries.In the central scenario of WEO-2015, a tightening oil balance will lead to a price around 80 dollars per barrel by 2020.The plunge in oil prices will set in motion the forces that lead the market to rebalance, via higher demand and lower growth in supply.An extended period of lower oil prices would benefit consumers but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers, or risk a sharp rebound in price if investment falls short.India, which will move to the centre stage of global energy, is the subject of an in-depth focus in WEO-2015.

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