While technology and high prices are opening up new oil resources, this does not. Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay. The iea 20 world energy outlook ends again in 2035. This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market.
The american council for an energy efficient economy aceee followed up their post on the world energy outlook with a prediction that 20 will be the year that we start to really take advantage of the opportunities that energy efficiency provides, and we hope that their prediction is. 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 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. Key findings of the international energy outlook 20 2 adam sieminski, ieo20 july 25, 20 with world gdp rising by 3.
The international energy agency iea released the 20 edition of their world energy outlook weo20. Iea world energy outlook 20 peak oil news and message boards. Rather the value of the energy outlook is in providing a structure and discipline. The iea raises a little warning flag on future oil. As usual, mr fatih birol is pretty optimistic about the future. Todays share of fossil fuels in the global mix, at 82%, is the same as it. The annual energy outlook 20 aeo20 reference case projection is a businessasusual trend estimate, given known technology and technological and demographic trends. The main cases in aeo20 generally assume that current. Energy outlook downloads and archive energy economics home. Over the period to 2040, total energy use is projected to grow by almost 40 per cent, while the share of fossil fuels in the energy mix falls. An added nuance in this years outlook is that the iea now expects worldleading 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. The graphics in this presen tation focus on projections through 2040.
Iea world energy outlook 20 peak oil news and message. The energy world is marked by a series of deep disparities. Doubledigit growth rates have been observed in the last decade for some. Database documentation 2019 edition 5 international energy agency flows a new industry sector aggregate manufacturing has been added.
Carbon capture and storage 20 compared to previous publications such as the technology roadmap. Incorporating these recent developments and worldclass analysis, world energy outlook 20 presents a full update of energy. Yesterday, 12 november, 20, the iea launched its 20 world energy outlook. Incorporating these recent developments and worldclass 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. The value of the outlook is not in trying to predict the future. Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2040, based on results from eias national energy modeling system. Because renewables include both tradi onal and modern forms, its growth is the net result of two opposing trends. Lowcarbon sources, led by solar photovoltaics pv, supply more than half of this growth, and natural gas, boosted by rising trade in liquefied natural gas lng, accounts for another third. The annual energy outlook 20 aeo20, prepared by the u. Greenhouse gas emissions total refer to the sum of carbon dioxide co2, methane ch4, nitrous oxide n2o, perflourocarbons pfcs, hydroflourocarbons hfcs and sulphur hexafluoride sf6, weighted using their 100year global warming potentials.
Iea 2018c world energy statistics and balances 2018 database. The international energy agencys annual energy projections. The international energy agency iea is an autonomous body which was established in. Eia, international energy outlook 20 washington, dc. Projections in international energy outlook 2017 ieo2017 are not. This years energy outlook provides fresh insight into these trends and many more. The iea cps shows the highest consumption in 2040 at 767 qbtu, an increase of.
On november 12, 2014, the international energy agency iea released its world energy outlook 2014 with forecasts of world energy supply and demand to the year 2040. And the report examines the outlook for brazils energy sector in detail and the implications for the global energy landscape. Jun 25, 2015 the paper presents data and results from the world energy outlook weo 2014, published by the international energy agency iea. Primary energy demand in india by fuel 20 775 mtoe 24% 1% 2% 44% 6% 23% source. 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. 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.
Eia explores the impacts of alternative assumptions in other scenarios with different macroeconomic growth rates, world oil prices, and rates of technology progress. The report is available on line, in pdf form, for 120 euros. A new global energy landscape is emerging, resetting longheld expectations for our energy future. Iea energy efficiency 2018 and world energy outlook 2018. Unlocking the potential for energy efficiency in 20. Nov, 20 according to the international energy agencys iea 20 edition of the world energy outlook weo20, technology and high prices are opening up new oil resources, but this does not mean the world is on the verge of an era of oil abundance. Its allencompassing annual studies of oil, natural gas, coal, electricity and renewables are indispensable tools for energy policy makers. Rather than energy transitions, the world has undergone a series of energy. By comparison, renewables met % of the worlds primary energy demand in 2011. Half of the increase is attributed to china and india.
International energy agency, co2 emissions from fuel combustion, paris, france. Oil demand flattens out in the 2030s, and coal use edges lower. Between 2015 and 2040, world energy consumption increases by 28% in the ieo2017. Nov 14th 2019 world coal association responds to the ieas 2019 world energy outlook. In a world where big differences in regional energy prices impact. Global energy outlook 2019 resources for the future. Energy efficiency update 20 natural resources canada.
World energy outlook 2012 industry and government decision makers and others with a stake in the energy sector all need weo2012. A conference with dr fatih birol, chief economist, international energy agency. World energy outlook 2011 international energy forum. Nov 19, 20 the iea world energy outlook was published the 12th of november. Eia published an early release version of the aeo20 reference case in december 2012. The world energy scene today some longheld tenets of the energy sector are being rewritten countries are switching roles. I have not studied all the detail in the report but i listened to the presentation that the ieas chief economist, dr fatih birol, gave in london. It presents authoritative projections of energy trends through to 2035 and insights into what they mean for energy security, environmental sustainability and economic development. Annual additions to the global coverage of mandatory energy efficiency policies, 2017 coverage is growing slowly 28% 30% 32% 34% 2017.
The iea has been criticised for systematically underestimating the role of renewable energy sources in future energy systems such as photovoltaics and their cost reductions ahead of the launch of the 2009 world energy outlook, the british daily newspaper the guardian, referring to an unidentified senior iea official, alleged that the agency was deliberately downplaying the risk of peak oil. The ieas 2012 world energy outlook emphasizes that, despite current efforts, there remains significant untapped potential for energy efficiency. World energy outlook 20 presenting the international energy agencys flagship publication. Iea energy efficiency 2018 and world energy outlook 2018 kevin lane brussels, 27 november 2018. The ieo2017 is the first ed ition of this report to include mo del results through 2050, which are available on the ieo page of the eia website. Share of global export market for energyintensive goods the us, together with key emerging economies, increases its export market share for energyintensive goods, while the eu and japan see a sharp decline. Reference case projections in each edition of the ieo are not predictions of what is most likely to happen. Iea 2017 world energy outlook to 2040 current policies cp new policies np sustainable development sd ieej 2017 outlook to 2050 advanced technology at reference bp 2018 energy outlook to 2040 evolving transition et cepsa 2017 energy outlook 2030 reference exxon 2018 outlook for energy.
This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. Database documentation 2019 first edition international energy agency this document provides information regarding the 2019 first edition of the iea world energy statistics database for oecd and selected emerging economies the final edition will contain global data. This 2006 edition of ieas annual world energy outlook presents two visions of the energy future. It attempts to identify policy, social, infrastructure, and technology issues that must be addressed to meet future energy need of adb members in asia and the pacific. Twothirds of future growth in energy demand will come from asia, led by both hina and india, says the international energy. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. Nov 10, 2015 these issues and many more are discussed here, with a special focus on india accompanying the customary, indepth weo analysis of the prospects for all fossil fuels, renewables, the power sector and energy efficiency around the world to 2040. 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. But a friend a friend of mine at the brokerage firm of dewey, cheatem and howe lent me access to his copy. The report also finds that the middle east, the only large source of lowcost oil, will take back its role as a key source of oil supply growth. 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.
Iea 20 the prospect of a breakthrough for ccs seems further away in the ieas world energy outlook special report redrawing the energyclimate map june 20 and the technology roadmap. Will it be underinvested, vulnerable and dirty, or clean, clever and competitive. Ghg emissions outlook from iea european environment agency. To accommodate this change, the industry subsectors have been reordered. Dr fatih birol chief economist, international energy agency. Nov 12, 20 energy efficiency a major factor in the global energy balance is treated in much the same way as conventional fuels. On 12 november the international energy agency iea released this years edition of their world energy outlook report, weo20. Eias international energy outlook 2017 ieo2017 presents an assessment of longterm world energy markets. The importance of energy efficiency is evident in the current work of the international energy agency iea. Energy efficiency a major factor in the global energy balance is treated in much the same way as conventional fuels.
World primary energy demand by region in the new policies scenario 0 2 000 4 000 6 000 8 000 10 000 12 000 14 000 16 000 18 000 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 oe rest of world china. 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. Global demand for energy is projected to increase by 37 percent by 2040 despite no growth in energy demand from the major developed nations countries of the organization for economic cooperation and development. Six key trends shaping the energy future the swirl of headlights and taillights marks the traffic flow at a busy petrol hina gasoline station. World energy, it has become a respected contribution to the global. The aggregated flow other is removed from the database.
Dashes indicate the data are not available from a particular source. Natural gas liquefaction capacity to be commissioned in 200920 441. International energy outlook 20 stanford university. The answers to these and many other questions are found in weo20, which covers the prospects for all energy sources, regions and sectors to 2035. 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. Redrawing the energyclimate map world energy outlook. 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.
International energy outlook 2017 activate capital. This indicator illustrates the projected trends in energy related greenhouse gas emissions. This edition of weo responds to the remit of the g8 world leaders by mapping a new energy future, contrasting it. Four largescale shifts in the global energy system set the scene for the world energy outlook 2017. The answers to these and many other questions are found in weo 20, which covers the prospects for all energy sources, regions and sectors to 2035. Energy information administration s eia international energy outlook ieo presents an analysis of longterm world energy markets in sixteen regions through 2050. The american council for an energy efficient economy aceee followed up their post on the world energy outlook with a prediction that 20 will be the year that we start to really take advantage of the opportunities that energy efficiency provides, and we hope that their prediction is accurate.
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