Based on http://www.wolframalpha.com (checked March 29, 2019), hereby an extrapolation table demonstrating that the world is 5 to 15 times the EU. For markets that are based on demographics, a first approximation can be that the global long-term potential of a market is very roughly ’10 times EU’, or that EU represents 10% of the world market.
Region | Electricity (TWh/yr) |
Energy (EJ/yr) |
GDP (T$/yr) |
Population (millions) |
EU | 2,892 | 76 | 17.3 | 509 |
World | 18,470 | 539 | 80.7 | 7,550 |
Multiplier | 6.4 | 7.1 | 4.7 | 14.8 |