There is no single story about the future of global energy and no longterm iea forecast for the energy sector. What would it take for this to happen and what would it mean for energy security and for the energy transition. World energy use continues to increase steadily in the reference scenario, but at a slower rate than projected in weo2007 report, mainly due to higher energy prices and slower economic growth. These are some of the insights touted by the international energy agency iea world energy outlook 2015, published this week. In this report the iea makes a detailed assessment of current flows and future investment needs along the entire energy value chain and examines financing options and barriers to realisation. 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. The global scale and impact jon hansen energy analyst, global energy policy, iea. China energy outlook energy information administration. Global energy use grows by 36%, with nonoecd countries led by china, where demand surges by 75% accounting for almost all of the increase 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 mtoe rest of world. Eias international energy outlook 2017 ieo2017 presents an assessment of longterm world energy markets. These are some of the questions that are addressed in a special report world energy outlook seriesin the series. World energy outlook special report on energy and climate.
This special report, part of the world energy outlook series, assesses the. Chart data can be accessed by rightclicking the chart in the ppt file. The database includes annual energy prices data for more than 100 countries, for gasoline, diesel, electricity and other products. Taxes and incentives for renewable energy is designed to help energy companies, investors and other entities stay current with government policies and programs that support renewable energy from wind, solar, biomass, geothermal and hydropower. Eia short term energy outlook steo and iea oil market. Oecdiea 2006, tables for reference and alternative policy scenario projections, as modified by the eea. Oecd total primary energy supply1 from 1971 to 2015 by fuel mtoe. The annual world energy outlook is the international energy agencys flagship publication, widely recognised as the most authoritative source for global energy projections and analysis citation needed. The steady decarbonisation of electricity supply is not matched by a similarly rapid shift in enduse sectors, where it is much more difficult and expensive to displace coal and gas. Tax rates are assumed to remain unchangeable over the projection period. Global ev outlook 2015, international energy agency 0 50 100 150 200 250 300 350. Limited emission reductions from fuel subsidy removal.
World energy outlook market report series world energy investment. The energy outlook is produced to aid bps analysis and decision. The projections for the future and quality in the past of. The negotiations there will be based on national pledges, formally known as intended nationally determined contributions, with the goal of setting the world on a sustainable path. Iea, world energy outlook 2016 global oil demand million barrels per day 23. Extend tax credits for energyefficient equipment to 2025 source. Offshore wind outlook 2019 world energy outlook special report. The projections for the future and quality in the past of the world energy outlook for solar pv and other renewable energy technologies conference paper september 2015 with 2,332 reads. World energy outlook 2015 analysis and key findings.
Eir 01215 releases a digest of correspondence from november 2014 between the uk government and the international energy agency iea on the. The csis energy and national security program is pleased to host dr. Iea 2014, world energy outlook 2014, international energy agency, paris. The world is moving towards a crucial climate change meeting in paris in december 2015 cop21. 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.
Total energy consumption outlook from iea european. Presented at the the energy transition, ndcs, and the postcop21 agenda, marrakech, september 89, 2016. World energy outlook 2015 executive summary english version. This was followed by tax credits, market reforms and partnerships that provided. The iea oil market report was published in mid april, data from the report can be found here the eias steo was published on may 9, 2017 i assume in the chart above that opec crude output is 32 mbd in the last three quarters of 2017. 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 csis energy and national security program hosted dr. The mtrmr reports executive summary provides some insights on how. World indicators database iea world energy statistics and balances. Its allencompassing annual studies of oil, natural gas, coal, electricity and renewables are indispensable tools for energy policy makers. The annual energy outlook presents an assessment by the u. The oil drum iea world energy outlook 2010 now out. Iea published two key reports in the last few months where members of red contributed, specifically the iea mediumterm renewable energy market report mtrmr and the iea world energy outlook 2015 weo. 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. Energy information administration of the outlook for energy markets through 2050.
Global energy outlook 2015 this paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by private, government, and intergovernmental organizations based on methods from global energy outlooks comparison. Contrary to the hopes of policymakers, fossil fuel subsidy removal would have only a small impact on global energy demand and carbon dioxide emissions and would not increase renewable energy use. The precipitous fall in oil prices, continued geopolitical instability and the ongoing. Final electricity prices are based on marginal power. Southeast asia energy outlook 2019 world energy outlook special report. Energy outlook downloads and archive energy economics bp. Ieas world energy outlook 2015 special report on energy. Fatih birol executive director, international energy agency iea moderated by. The world energy outlook series is a leading source of strategic insight on the future. The iea seems to see a possible new role for natural gas. Energy and climate change world energy outlook special report. It explains the impact of todays decisions on tomorrows energy systems, and describes a pathway that enables the world to meet climate, energy access and air quality goals while maintaining a strong focus on the reliability and affordability of energy for a growing. Other contributing factors are policy changes such as for example the us energy independence and security act, which mandates vehicle fuel economy improvements. Explores how major new policy initiatives, from 24x7 power for all to the make in india campaign, affect indias energy outlook.
Affairs for the 2015 paris climate conference cop21 and. Carbon tax, fee carbon capture, use, and sequestration ccus. Based on ieas weo 2018 assumption if future investment is limited to developing existing fields and there was no investment in new. Overview regional trends oil and gas supply investment fossilfuel subsidies and renewable energy outlook source. International energy agency iea has released the 2015 edition of its flagship world energy outlook publication weo2015 which indicated that an extended period of lower oil prices would benefit consumers but would trigger energysecurity concerns. In all the scenarios considered, world gdp more than doubles by 2040 driven by increasing prosperity in fastgrowing developing economies. The iea carries out a comprehensive programme of energy cooperation. World energy outlook special report, november 2015. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Director and senior fellow, energy and national security program, csis. The 12i tax incentive is designed to support greenfield investments i.
Consistent, accurate and timely energy data and statistics are fundamental to developing effective and efficient national energy policies, as well as a key element in longerterm planning for investment in the energy sector. 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 12th five year plan 20112015 calls for 70 gw of additional wind capacity. This comprehensive analysis assesses the multiple challenges and opportunities facing india as it develops the resources and infrastructure to meet its energy needs. The world energy outlook 2015 weo 2015 will present updated projections for the evolution of the global energy system to 2040, based on the latest data and market developments, as well as detailed insights on the prospects for fossil fuels, renewables, the power sector and energy efficiency and analysis on trends in co2 emissions and fossil. Final energy consumption outlook from iea european. World energy outlook 2011 international energy forum ief.
Energy efficiency the international energy agency iea has published world energy outlook 2012 weo 2012, which analyzes expected trends in energy consumption, trade, and investment through 2035. Launch of international energy agencys flagship publication, by executive director fatih birol, london, 10 november 2015 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. To this end, the iea energy data centre provides the worlds most authoritative and comprehensive source of global. It represents the leading source citation needed for medium to longterm energy market projections, extensive statistics, analysis and advice for both governments and the energy business. Sarah ladislaw director and senior fellow, energy and national security program, csis the csis energy and national security program is pleased to host dr. Recent energy price and tax information for the major markets of the world purchase.
Fatih birol, chief economist and incoming executive director of the international energy agency iea, to present the ieas world energy outlook 2015 special report on energy and climate change. Ieas world energy outlook 2015 center for strategic and. Oecd, international energy association iea, world energy outlook 2012, ren 21 renewables 20 global futures report. World energy outlook 2019 explores these widening fractures in detail. Fatih birol, executive director at the international energy agency to present the ieas world energy outlook 2015. Iea 2014a, world energy investment outlook, special report. The annual outlook, weighing in at 700 pages, is one of the most widelyread and universally respected set of energyrelated forecasts in the world. Fiscal policy reforms for climate change green fiscal policy network. Natural gas is certainly set to play a central role in meeting the worlds energy needs for at least the next two. The international energy agency iea, an autonomous agency, was established in november 1974.
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