ries 5 699 12 142 China 1 477 2 082 4 443 East Asia 1 733 Indonesia South Asia 1 1745 India 1 442 Latin America 1 768 Brazil Middle East 1 151 Africa 1 1303 World 13 665 16 794 26 470 1. Average annual rate of growth. Figure 3.7. World final electricity consumption by sector in the Reference Scenario 12 000 10 000 8 000 6 000 4 000 2 000 Residential Services Industry increase their market shares (Table 3.4). The share of non-hydro renewables is projected to rise from 2% in 2003 to 6% in 2030. If countries adopt stronger policies to promote them, a much higher contribution from renewables can be expected by 2030. Coal will lose some of its market share, especially in the OECD, although it will remain the predominant fuel. The decline in coal's INFRASTRUCTURE TO 2030: TELECOM, LAND TRANSPORT, WATER AND ELECTRICITY - ISBN 92-64-02398-4 - © OECD 2006 3. OUTLOOK FOR GLOBAL INVESTMENT IN ELECTRICITY INFRASTRUCTURE Figure 3.8. World electricity generation in the Reference Scenario Nuclear Hydro Other renewables 12 000 10 000 8 000 6 000 4 000 2 000 Table 3.4. Market shares in electricity generation in the Reference Scenario (%) Transition economies Developing countries World Nuclear Hydro Other renwables market share, by two percentage points to 38% by 2030, could be even sharper if efforts to reduce CO Superscript(2) 2 emissions are strengthened. 1 The share of oil, already small, will decline still further, falling to 4% in 2030 compared with 7% today. Future oil-fired generation will be concentrated in distributed-generation applications in industry and in remote areas. The share of hydropower will fall from 16% now to 13% in 2030. Nuclear power will lose a large part of its market share, which could drop from 16% now to 9% in 2030 on current policies. Few countries are planning to build nuclear plants. Gas-based electricity production is expected to triple between now and 2030, continuing a trend that began in the late 1980s and early 1990s. The contribution of gas to generation worldwide will rise from 19% in 2003 