Global energy use grows by 36%, with non oecd 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. The energy world is marked by a series of deep disparities. Many countries have made pledges under the copenhagen accord to reduce greenhousegas emissions. Dr fatih birol, executive director, international energy agency. Updated projections of energy demand, production, trade and investment, fuel by fuel and region by region to 2035 are provided in the 2010 edition of the world energy outlook weo. The detailed projections are generated by the world energy model, a. Global growth is projected to rise from an estimated 2. The iea projected that renewables would reach 37% of global power generation by. The projections in this outlook were based on energy balances provided by the iea. Nobuo tanaka executive director, international energy agency fatih birol chief economist, international energy agency richard h. It includes, for the first time, a new scenario that anticipates future actions by governments to meet the commitments they have made to tackle climate change and growing. How electrification and shared mobility will impact road transport from now to 2040. Energy security remains paramount, and oil stays in the spotlight.
Nov 14, 2017 weo2017, the international energy agencys flagship publication, finds that over the next two decades the global energy system is being reshaped by major forces. Nov 09, 2010 iea world energy outlook 2010 now out. Every year it publishes data and analysis on energy in its world energy outlook weo report. It includes, for the first time, a new scenario that anticipates future actions by governments to meet the commitments they have made to tackle climate change and growing energy insecurity. This joint report on energy poverty published by iea, undp, and unido is an early excerpt of the ieas 2010 world energy outlook weo. Outlook for caspian energy event listed by the international energy agency. Commitments have also been made by the g20 and apec to phase out inefficient fossilfuel subsidies. Global wind energy outlook global wind energy council. The world energy outlook weo is one of the most heavily scrutinised documents in the annual calendar of publications on the topic. Will peak oil be the guest or the spectre at the feast.
The international energy outlook 2010 ieo2010 includes projections of world energy demand. Department of energys energy information administration eia released the latest edition of the agencys longterm assessment of world energy markets at the center for strategic and international studies. That is the question asked by the international energy agency on page 48 of the introduction to their world energy outlook 2010, launched on 9 november 2010. Gas is set to play a key role in meeting the worlds energy needs. We provide reliable data, useful tools and impartial comment. According to the world energy outlook for 2010 oecdinternational energy agency, population growth and industrial development will lead to a near doubling of electricity consumption from 2008 to 2035. It includes, for the first time, a new scenario that anticipates future actions by governments to meet the commitments they have made to tackle climate change and. Weo2017, the international energy agencys flagship publication, finds that over the next two decades the global energy system is being reshaped by major forces. Energy information administration of the outlook for international energy markets through 2050 pdf ppt note.
The international energy outlook presents an assessment by the u. Iea 2010 world energy outlook ecoglobe sustainability. The international energy outlook 2010 ieo2010 presents an assessment by the u. Imf world economic outlook weo rebalancing growth, april. The weo 2009 edition has a lower global final energy demand in 2030 in comparison to the 2007 edition.
The outlook for global energy is not just a matter for energy companies. Profound shifts underway in energy system, says iea world. Our interactive energy transition toolkit includes five comprehensive tools that can be used together or separately. New energy outlook 2019 bloomberg new energy finance. Nobuo tanaka executive director, international energy agency fatih birol chief economist, international energy agency. Spin slips off oil production numbers world energy.
Energy revolution 2010a sustainable world energy outlook. The iea projected that renewables would reach 37% of global power generation by 2040, or roughly half the increase bnef anticipates. The world energy outlook 2019, the international energy agencys iea flagship publication, has identified deep disparities in todays energy world the report delves into the dissonance between wellsupplied oil markets and growing geopolitical tensions and uncertainties, the gap between increased emissions and the insufficiency of stated policies to curb those emissions in line with. 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 iea says that it does not make forecasts in its outlook.
Apr 06, 2020 world economic outlook update, january 2020. Howard gruenspecht, eias deputy administrator, presented the briefing. International energy outlook 2010 center for strategic and. Profound shifts underway in energy system, says iea. Coalfired electricity generation by region in the new policies scenario. A global energy scenario paints a picture of our common future the picture depicts how the future could unfold. The international energy agency, iea, was formed by the oecd nations to monitor the global energy market. World energy outlook 2010 analysis and key findings. The challenge for policymakers is to ensure a smooth transition of demand. Energy information administration of the outlook for international energy markets through 2050. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Wind and solar make up almost 50% of world electricity in 2050 50 by 50 and help put the power sector on track for 2. This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. The annual world energy outlook is the international energy agencys flagship publication.
Annual energy outlook 2020 energy information administration. Kjell aleklett, newcastle herald, november 11, 2010. The global economic recovery is progressing better than expected, but the speed of recovery varies, as outlined in the april 2010 world economic outlook. Energy agency iea and, notably, the guidance from tim gould and his colleagues on the world energy outlook team. The world appears to be emerging from the worst economic crisis in decades. In appendix k, a set of comparisons of projections from the international energy agencys world energy outlook 2009 with the ieo2010 projections is presented. Fatih birol, chief economist of the international energy agency iea designed and directed the study which was prepared by the ieas directorate of global energy economics of the international energy agency and other offices of the agency.
Around the world, there is a lively and important conversation taking place on the choices that face us all as consumers, producers, investors and policymakers. Sharp emission cuts are achieved across the board thanks to multiple fuels and technologies providing efficient and costeffective energy services for all. Lecture 5 non conventional energy sources duration. The world energy council actively contributes the insights needed by energy leaders to make effective strategic, policy and business decisions about the energy transition. Most of this energy will be used by developing nonoecd countries as their populations and standards of living increase. It is rewritten annually to reflect the worlds changing energy and economy. Energy security remains paramount, and oil stays in. Iea 2010 world energy outlook 2011 outlook 2012 outlook. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. Dr fatih birol, executive director, international energy. Chart data can be accessed by rightclicking the chart in the ppt file. World energy outlook 19 paints bleak picture for global. Formatting and proof reading after ocr scanning yet to be finished world energy outlook 2010 executive summary page 48. The outlook for energy is exxonmobil s latest view of energy demand and supply through 2040.
This is where the world energy outlook weo comes in. Its hundreds of pages of analysis are based on thousands of datapoints, drawn from governments around the world, as well as the ieas world energy model. It quantifies the number of people that lack access to modern energy services, the investment costs required to meet this gap and potential technology options needed to achieve universal access by 2030. 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 oecd. 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 deemed growth and disruptions of the worlds power sector so significant to the future of energy.
Spin slips off oil production numbers world energy outlook. The world energy outlook 2010 is a comprehensive energy report issued by the iea. Iea world energy outlook 2010a comment sciencedirect. Energy information administration international energy outlook 2010. The iea demonstrate this themselves clearly in their. What were once considered wildeyed prognoses for a new technology have come to be recognised as an impor. World energy outlook 2018 international energy agency. World energy outlook 2010 food climate research network. It does not aim to forecast the future, but provides a way of exploring different possible futures, the levers that bring them about and the interactions that arise across a complex energy system. Jones deputy executive director, international energy agency the world appears to be emerging from the worst economic crisis in decades. International energy outlook 2010 center for strategic. 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. As a result of the pandemic, the global economy is projected to contract sharply by 3 percent in 2020, much worse than during the 200809 financial.
The individuals and organizations that contributed to this study are not responsible for any opinions or judgments contained herein. Commitments have also been made by the g20 and apec to. Oil demand flattens out in the 2030s, and coal use edges lower. While we produce a range of scenarios, i will focus on the outlook in ou r central scenario, which describes where existing policies and announced intentions might lead the energy system by 2040. In the oil market outlook section of this years report weo 2010 is a new subheading a peak at the future.
Energy scenarios send important messages on alternative futures to decision makers in political, financial, industrial sectors as well as. The 2010 weo edition, released on 9 november 2010, presented for the first time in its history a scenario that takes account of the recent. Nov 10, 2010 world energy outlook 2010 is a cry for help. World energy outlook 2010 center for strategic and. Many countries have made pledges under the copenhagen accord to reduce greenhouse. Updated projections of energy demand, production, trade and investment, fuel by fuel and region by region to 2035 are provided in the 2010 edition of the world energy outlook. Some economies, notably in asia, are off to a strong start, but growth in others is constrained by lasting damage to the financial sector and household balance sheets.
World marketed energy consumption by country grouping. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. The annual energy outlook presents an assessment by the u. World energy outlook 2010 international energy agency. World energy outlook 2010 the world appears to be emerging from the worst economic crisis in decades. For many years the outlook for energy has helped inform exxonmobil s longterm business strategies, investment plans, and research programs.
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. This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market. The 2010 weo edition, released on 9 november 2010, presented for the first time in its history a scenario that takes account of the recent commitments that governments have made to tackle climate change and worsening energy insecurity. The oil drum iea world energy outlook 2010 now out. According to the 25year forecast in the ieas latest annual world energy outlook, the most likely scenario is for crude oil production to stay on a plateau at about 68 to 69 million barrels per day. Global wind energy outlook 2010 the gweo 2010 presents three different scenarios for global wind power development up to 2030. Nov 26, 2015 this joint report on energy poverty published by iea, undp, and unido is an early excerpt of the ieas 2010 world energy outlook weo. Opecs world oil outlook woo is part of the organizations commitment to market stability. Today, i would like to take the opportunity to look further ahead, and focus on the forward looking scenarios that define the ieas flagship publication the world energy outlook. For the 2010 update of the energy revolution scenario, including the advanced version, the graus and blomen analysis has been reconfigured using the latest iea statistics from world energy outlook 2009 iea 2009a. I also compared the bnef gas forecast to the international energy agencys most recent world energy outlook, incorporating the national commitments in the paris climate agreement. Department of energy s energy information administration eia released the latest edition of the agencys longterm assessment of world energy markets at the center for strategic and international studies. Energy is a critical strategic issue for the oecd nations so it is naive to think that there is no political agenda when its energy watchdog, the iea, publishes its prognoses. Nov 18, 2010 updated projections of energy demand, production, trade and investment, fuel by fuel and region by region to 2035 are provided in the 2010 edition of the world energy outlook weo.
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