The international energy agencys iea inaugural world energy investment 2016 tackles these questions and more, focusing on lifeblood of the global energy system. Asiaworld energy outlook 2016 1 executive summary world energy supply and demand outlook demand over the next 26 years through 2040, the worlds population will increase by 1. Excluding energy efficiency, global investment in energy supply totalled over usd 1. Contacts the international energy outlook 2016 was prepared by the u. The world energy outlook weo is a study that models future energy trends on the basis of different global scenarios. Focused on the electricity system, our new energy outlook neo combines the expertise of over 65 market and technology specialists in 12 countries to provide a unique view of how the market will evolve. Iea energy efficiency 2018 and world energy outlook 2018 kevin lane brussels, 27 november 2018 iea. Iea 2018c world energy statistics and balances 2018 database. Jul, 2017 as a unique benchmark of current investment trends, world energy investment 2016 serves as a complement to the forecasts and projections found in other iea publications and provides a critical foundation for decision making by governments and industry. All of this requires timely, reliable and authoritative data and analysis.
Energy market projections are uncertain because the events that shape future developments in technology, demographic changes, economic trends, and resource availability that drive energy use are fluid. The weo proposes three potential scenarios for energy use between now and 2040. World energy outlook market report series world energy investment. Will market dynamics change for oil, natural gas and coal or might the slump in prices for some fuels be here to stay. In the low economic growth case, world energy use in 2050 is about 830 quadrillion btu. The worlds energy needs continue to grow, but many millions are left behind in our main scenario, a 30% rise in global energy demand to. The world energy outlook 2015 weo2015 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. The international energy outlook 2019 provides longterm world energy projections 7. The 2016 edition was released in november and is almost 700 pages long. Global energy investment, 2017 billion usd global energy investment was usd 1.
Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay. World coal association 2016 data sources 21 march 2016. The paris agreement on climate change, which entered into force in november 2016, brings together countries representing almost all of the worlds greenhousegas. Energy intensity is improving across major economies, but the rate of change and relationship to energy demand varies. Please note that despite our best efforts to ensure quality. A new pattern of geostrategic competition is emerging that is further straining the. New agricultural appliances powered by offgrid solar energy can help provide crucial. Thats the conclusion of researchers at the mit joint program on the science and policy of global change in the programs signature publication, the 2016 food, water, energy and climate outlook, now expanded to address global agricultural and water resource challenges.
World energy outlook 2016 executive summary english. Investing in renewable energy is also an economic opportunity. The world energy council actively contributes the insights needed by energy leaders to make effective strategic, policy and business decisions about the energy transition. The iea releases the world energy outlook weo2016 this week. Sep 20, 2016 a powerpoint presentation used by the international energy agency during a public event to unveil a new annual report published by the iea called the world energy investment report. World energy outlook 2016 world energy outlook we o is an annual study produced by the international energy agency i ea, which models future global trends in energy based on different policy scenarios. The stated policies scenario, or steps, which identical in design to the previous new policies scenario, provides a detailed sense of the direction in which todays policy ambitions would take the energy sector. 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. This article uses the new policy scenario, where government policies as of mid2015 have been formally adopted and any.
In 2016, the world energy council and its scenarios partners, accenture strategy energy and the paul scherrer institute, introduced the world energy scenarios which explore three plausible pathways for energy transition to 2060. The latest world energy outlook offers the most comprehensive analysis of what this. It highlights the ways in which investment decisions taken today are determining how energy supply and demand will unfold tomorrow. Iea energy efficiency 2018 and world energy outlook 2018. Energy information administration s eia international energy outlook ieo presents an analysis of longterm world energy markets in sixteen regions through 2050.
The 2005 edition presents a detailed assessment of energy prospects throughout the middle east and north africa region and the implications of. The annual report provides updated projections of energy demand, production, trade and investment, fuel by fuel and region by region to 2035 and, for the first time, a. Please note that despite our best efforts to ensure. Energy technology perspectives world energy investment. World energy outlook 2018 international energy agency. Energy economics, energy policy, finance and investment, meetings. As a unique benchmark of current investment trends, world energy investment 2016 serves as a complement to the forecasts and projections found in other iea publications and provides a critical foundation for decision making by governments and industry. The report explores how oil, natural gas and coal are adjusting to todays market conditions and assesses the risks that lie ahead, from underinvestment in essential supply to. The landmark paris agreement on climate change will transform the global energy system for decades to come. World energy outlook special report on energy and climate. The study looks at how production and consumption of different energy sources is evolving, and considers the likely. Critical issues confronting energy markets and emerging themes for 2019 and beyond download. 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. World economic outlook international monetary fund.
Attraction and direction of capital flows is vital in the transition to a lowcarbon economyparticularly while maintaining energy security and expanding energy access. World energy investment 2018 provides a critical benchmark for decision making by governments, the energy industry, and financial institutions to set policy frameworks, implement business strategies, finance new projects, and develop new technologies. The latest world energy outlook offers the most comprehensive analysis of what this transformation of the energy sector might. Investment finance and business models energy efficiency in emerging economies. Energy information administration eia of the outlook for international energy markets through 2040. It is a decision that investors around the world have been increasingly making for a decade. The profound shift in energy consumption to asia is felt across all fuels and technologies, as well as in energy investment. 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. World energy outlook 2015 international energy agency. Energy outlook downloads and archive energy economics home.
Energy information administration international energy outlook 2016 world energy demand and economic outlook region. Weo2016 examines how a postparis world redefines the idea of energy security, particularly in the power sector, the frontline in the fight against climate change. How is technological progress, new business models and key policy drivers such as the paris climate agreement reshaping investment. We provide reliable data, useful tools and impartial comment. Ieas world energy investment 2016 center for strategic.
Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Oct 25, 2016 the international energy agencys iea inaugural world energy investment 2016 tackles these questions and more, focusing on lifeblood of the global energy system. Listen to podcast of the presentation to biee on june 6th. Eia, international energy outlook 2016 and eia, analysis of the impacts of the clean power plan may 2015 history 2012 projections 33% 30% 28% 22% 23% 26% 12% 17% 4% 6% 22% 16%. Focussed on the electricity system, neo combines the. How electrification and shared mobility will impact road transport from now to 2040. In 2040, the combined total residential energy use of china and india is double their 2012 total and accounts for 27% of total world residential energy consumption. Welcome to the 2017 new energy outlook neo, bloomberg new energy finances annual longterm analysis of the future of energy. For the 3rd consecutive year energy investment declined in 2017, by 2%, due to less power. Ieas world energy investment 2016 center for strategic and. 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. Adapted from iea forthcoming, world energy outlook 2018. A powerpoint presentation used by the international energy agency during a public event to unveil a new annual report published by the. Oil, gas and coal supply remained the biggest recipient of supplyside investment, totalling usd 900 billion, though its share of total energy investment dropped to 55% from over 60% in 2014.
World energy investment 2019 connaissance des energies. Asiaworld energy outlook 2016 international energy forum. The world bank is working with india on sweeping energy efficiency measures across residential and industrial sectors that aim to avoid lifetime ghg emissions of 170 million tons of co2 and contribute to avoiding an estimated 10 gw of additional generation capacity. World economic outlook april 2016 too slow for too long world economic and financial surveys. This years energy outlook provides fresh insight into these trends and many more. Investment in power plants accounts for 58 per cent of the total.
For ordering information and questions on other energy. The value of the outlook is not in trying to predict the future. World energy outlook 2010 center for strategic and. However, the latest one is the first iea report focusing on world energy investment. In evennumbered years, weo presents detailed projections of energy demand, production, trade and investment, fuel by fuel and region by region. The csis energy and national security program hosted the international energy agency iea to present the world energy outlook weo 2010. The world is moving towards a crucial climate change meeting in paris in december 2015 cop21. The world energy outlook does not provide a forecast of what will happen. This is the task that the world energy outlook weo takes up in different scenarios and case studies, with the additional opportunity in 2016 to provide the first comprehensive examination of the. Renewables all iea world energy investment outlook 2014 power generation investment assumptions. In this inaugural annual report on energy investments around the world, the international energy agency iea looks at the lifeblood of the global energy system. Since the world energy council last published its world energy scenarios in 2016, we have experienced three years of comparatively high, carboncentric energy demand and a marked acceleration in renewable energy developments. Summary of severe accidents in the energy sector, 19702008. Rather the value of the energy outlook is in providing a structure and discipline.
Geco 2016 global energy and climate outlook road from paris. World energy outlook market report series world energy investment special reports country. World energy outlook 2016 international energy agency the landmark paris agreement on climate change will transform the global energy system for decades to come. Investment in renewable energy increases over the outlook period as existing power stations reach the end of their expected life spans 25 years and need replacing.
World energy investment outlook 2014 special report. The iea provides numerous reports on energy problems around the world, including the flagship publication of world energy outlook. Each year we make a number of changes to neo as we strive to improve the completeness and complexity of our analysis. Energy investment in the united states and china, 2016 compared to 2018. World energy investment 2016 addresses key questions, including. World indicators database iea world energy statistics and balances. This special report in the world energy outlook series takes up this question in a full and comprehensive update of the energy investment picture to 2035. The latest world energy outlook offers the most comprehensive analysis of. The report also regularly puts a spotlight on topical issues. Promote sustainable energy policies that spur economic growth and environmental protection in a global context particularly in terms of reducing greenhouse. These are some of the questions that are addressed in a special report world energy outlook seriesin the series.
Measures the state of investment in the energy system across technologies, sectors and regions. The high and low oil price cases address the uncertai nty associated with the trajectory of world energy prices. Energy makes possible the investments, innovations and new industries that are the engines of jobs, inclusive growth and shared prosperity for entire economies. How indias energy sector develops over the coming decades will have profound implications both for the countrys own prospects and for the global energy system as a whole. Our interactive energy transition toolkit includes five comprehensive tools that can be used together or separately. Of this, 62 per cent of the total investment in power stations is allocated to renewables. Energy investment challenge ltotal investment requirements are modest relative to world gdp, but challenge differs by region fuel lenergy and financial resources are sufficient, but increasing competition for capital and higher risk lcapital needs are largest for electricity lhalf total energy investment is needed in developing. Global trends in renewable energy investment 2019 released ahead of the global climate action summit shows that in 2018, investors again put hundreds of billions of. Over the last three years this scenario framework has. 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. Despite the shift, power was the largest sector for the third year in a row. The international energy agencys annual world energy outlook weo publication forecasts electricity demand, investment, generation capacity and trends in energy consumption until 2040. Asia is the final destination for around three quarters of oil, gas and coal traded inte rregionally. Asia makes up half of global growth in natural gas, 60% of the rise in wind and solar pv, more than 80% of the increase in oil, and more than 100% of the growth in coal and nuclear given declines elsewhere.
The world energy investment wei report is the worlds. Primary energy demand, gdp and energy intensity in selected economies, 200017 energy use and intensity trends differ by country and region 60 80 100 120 140 2000 2003 2006 2009 2012 2015 2017 european union. On september 14, the international energy agency published a report titled world energy investment 2016. Energy information administration international energy outlook 2016 preface the international energy outlook 2016 ieo2016 presents an assessment by the u. Energy market shifts towards asi a 6 worlds primary energy demand global energy demand increases by 1. The ability to attract and direct capital flows is vital to transitioning to a lowcarbon economy while also maintaining energy security and expanding energy access worldwide. World energy outlook 2014 with regional specific adjustments based on cra estimates of transportation costs use coastal china as proxy for rest of nonoecd asia, europe for europe and united states for oecd americas low based on the ratio between the price of oecd steam coal imports in the 450 scenario and the price of oecd steam coal imports. Three policy scenarios are analysed throughout the weo report.
Reference case projections in each edition of the ieo are not predictions of what is most likely to happen. Achievements, opportunities, and challenges in bangladeshs power sector sheoli pargal1 energy and extractives south asia the world bank december 2017 1 lead economist, energy and extractives global practice, the world bank. Jun 04, 2014 this special report in the world energy outlook series takes up this question in a full and comprehensive update of the energy investment picture to 2035 a first full update since the 2003. New energy outlook 2019 bloomberg new energy finance. The baseline is the current policies scenario c ps.
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