This years edition updates the outlooks for all fuels. Carbon capture and storage 20 compared to previous publications such as the technology roadmap. Dec 24, 20 an added nuance in this years outlook is that the iea now expects world leading energy growth in china to be overtaken in a decade or so by faster growth in india, while rapidly growing consumption in the middle east could result in that region posting the secondhighest growth in primary energy demand through 2035, especially for natural gas. Nov 10, 2015 india is set for a period of rapid, sustained growth in energy demand.
The report presents a central scenario in which global energy demand rises by onethird in by 2035. Reference case projections in each edition of the ieo are not predictions of what is most likely to happen. World energy outlook special report on energy and climate change published in. Its prospects and contribution are presented in a dedicated chapter. By comparison, renewables met % of the worlds primary energy demand in 2011. The world energy scene today some longheld tenets of the energy sector are being rewritten countries are switching roles. The world is missing opportunities to improve energy efficiency, policy is not delivering the full potential gains that are available with current technology. And the report examines the outlook for brazils energy sector in detail and the implications for the global energy landscape. Key findings of the international energy outlook 20 2 adam sieminski, ieo20 july 25, 20 with world gdp rising by 3.
I was going over the ieas world energy outlook 20 and noticed a few things you might find interesting. Oil world energy council 20 the rise in oil and natural gas prices has also been matched by increased investment in explo ration, which totaled nearly usd80 billion in 2012. As usual, mr fatih birol is pretty optimistic about the future. World energy, it has become a respected contribution to the global. Energy information administration annual energy outlook 20 iii. A new global energy landscape is emerging, resetting longheld expectations for our energy future. The international energy agency iea is an autonomous body which was established in. Database documentation 2019 edition 5 international energy agency flows a new industry sector aggregate manufacturing has been added. Because renewables include both tradi onal and modern forms, its growth is the net result of two opposing trends. What are the implications of the rising coverage of energy efficiency policies and the growing competitiveness of renewables. Iea world energy outlook 20 peak oil news and message boards. The aggregated flow other is removed from the database. The ieas 2012 world energy outlook emphasizes that, despite current efforts, there remains significant untapped potential for energy efficiency. Energy outlook downloads and archive energy economics bp.
The international energy agency the iea, which was established in november 1974, has over the years gained recognition as one of the worlds most authoritative sources for energy statistics. Rather the value of the energy outlook is in providing a structure and discipline. The iea world energy outlook was published the 12th of november. In the efficient world scenario, energy intensity will improve by around 3% per year, a stepup from current levels, resulting in minimal increases in energy demand, despite the global economy doubling. The importance of energy efficiency is evident in the current work of the international energy agency iea. The world energy outlook series is a leading source of strategic insight on the future of energy and energy related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. The international energy agency iea released the 20 edition of their world energy outlook weo20. Natural gas liquefaction capacity to be commissioned in 200920 441. Yesterday, 12 november, 20, the iea launched its 20 world energy outlook. The world energy outlook has published detailed analysis of the. But a friend a friend of mine at the brokerage firm of dewey, cheatem and howe lent me access to his copy.
World energy outlook 2012 industry and government decision makers and others with a stake in the energy sector all need weo2012. Six key trends shaping the energy future the swirl of headlights and taillights marks the traffic flow at a busy petrol hina gasoline station. In a world where big differences in regional energy prices impact competitiveness, who are the potential winners and losers. These are just some of the key findings from the iea in the latest edition of its world energy outlook. International energy agency iea presents here a summary assessment of the energy sector impacts of national climate pledges socalled intended nationally determined contributions indcs. The world energy outlook series is a leading source of strategic insight on the future of energy and energyrelated emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. The report is available on line, in pdf form, for 120 euros. Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay.
Todays share of fossil fuels in the global mix, at 82%, is the same as it. Nov 12, 20 energy efficiency a major factor in the global energy balance is treated in much the same way as conventional fuels. World energy outlook 2011 international energy forum ief. Updated annual energy outlook 20 reference case april 20 the aeo20 reference case included as part of this complete report, released in april 20, was updated from the aeo2012.
Twothirds of future growth in energy demand will come from asia, led by both hina and india, says the international energy agencys 20 world outlook. The international energy agencys annual energy projections. The urr is great enough to delay any peak until after 2035. Energy efficiency update 20 natural resources canada. In a world where big differences in regional energy prices impact. Half of the increase is attributed to china and india. To accommodate this change, the industry subsectors have been reordered. Here is one of their graphs that indicate how much they think is left, coal, gas and oil. Nov 12, 20 india is set to overtake china in the 2020s as the principal source of growth in global energy demand. The iea 20 world energy outlook ends again in 2035. Introductory paper a comparison of recent iea and opec outlooks.
World energy outlook 201 8 international energy agency iea worried about future developments world energy outlook the 2018 report mentions that major transformations are underway for the global energy sector, from growing electrification to the expansion of renewables, upheavals in oil production and globalisation of natural gas markets. The assessment updates the analysis and findings of the ieas. Huge volumes of oil are needed to meet growing demand and offset declines in existing fields. Jj1264 wec resources oil 1410 js world energy council. The annual energy outlook 20 aeo20, prepared by the u. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Downloads are a mix of pdf, excel, csv and powerpoint documents.
The international energy outlook 2010 ieo2010 presents an assessment by the u. Energy information administration eia of the outlook for international energy markets through 2035. Electric and plugin hybrid electric vehicles, june 2011, and ieas tracking clean energy progress, april 20. Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies. What do new climate pledges mean for the way that the world meets its rising needs for energy. International energy agency, co2 emissions from fuel combustion, paris, france. What is possible with greater efforts on energy efficiency. Iea 20 the prospect of a breakthrough for ccs seems further away in the iea s world energy outlook special report redrawing the energy climate map june 20 and the technology roadmap. It presents authoritative projections of energy trends through to 2035 and insights into what they mean for energy security, environmental sustainability and economic development. World energy outlook 2019 international energy agency the world energy outlook series is a leading source of strategic insight on the future of energy and energyrelated emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. Incorporating these recent developments and world class analysis, world energy outlook 20 presents a full update of energy projections through to 2035 and insights into what they mean for energy security, climate change, economic development and universal access to modern energy services.
Between 2015 and 2040, world energy consumpt ion increases by 28% in the ieo2017 reference case, with more than half of the increase attributed to nonoecd asia including china and india, where. Evi deployment targets show that several countries have set ev sales andor stock targets to signal their longterm commitment to vehicle electri. Its allencompassing annual studies of oil, natural gas, coal, electricity and renewables are indispensable tools for energy policy makers. The value of the outlook is not in trying to predict the future. Ieas world energy outlook energy demand by scenario m toe 29 31 21 5 14 coal oil gas nuclear renewables energy mix 2012 total. World energy council fi insights brief fi 2019 background and objectives in anticipation of the 24th world energy congress, which will convene over 6,000 energy leaders in abu dhabi in september 2019, the world energy council the council is refreshing its global energy foresight and updating its global scenarios narratives. Iea energy efficiency 2018 and world energy outlook 2018. By 2040, about 25 percent of the worlds energy supply comes from lowcarbon. Eia published an early release version of the aeo20 reference case in december 2012. Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2040, based on results from eias national energy modeling system. This years energy outlook provides fresh insight into these trends and many more.