The international energy agencys iea 2017 world energy outlook weo forecasts four shifts that will shape the global energy system over the next 25 years, including expanding electrification, declining cost and rapid expansion of renewables, growing us oil production and cleaner and more diversified energy production in china. The rapid deployment and falling costs of clean energy technologies. Newell is the president and ceo of resources for the future rff, an independent, nonprofit research institution that improves environmental, energy, and natural resource decisions through impartial economic research and policy engagement. International energy agency the international energy agency iea, an autonomous agency, was established in november1974. Virtually all of the growth in world energy demand comes from fastgrowing emerging economies, with china and india accounting for over half of the increase. Ieas world energy outlook 2017 center for strategic and. More information about the world energy outlook is available at. Energy statistics have always been and remain at the heart of the work of the iea. Statelevel action and competitive costs help renewables.
The next generation of energy i about the authors dr. Eia projects less than a quarter of the worlds electricity generated from coal by 2050. Fatih birol, the executive director of the international energy agency iea, sat down with amy myers jaffe, the. Four largescale shifts in the global energy system set the scene for the world energy. Ieas world energy outlook 2017 forecasts trends for. The projections are accompanied by detailed analyses of their impact on energy industries and investment, as well as implications for energy security and the environment.
The international energy outlook is prepared by the energyinformationadministrationeia. The way the world meets global energy demand is changing dramatically according to the latest version of the international energy agencys iea flagship publication. Energy and climate change world energy outlook special report. And the report examines the outlook for brazils energy sector in detail and the implications for the global energy landscape. The iea carries out a comprehensive programme of energy cooperation among its member. 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. They provide a comprehensive view on energy production, transformation and final use. International energy outlook 2008 tulane university. To accommodate this change, the industry subsectors have been reordered. The shift to a more servicesoriented economy and a cleaner energy mix in china, the worlds largest energy consumer, subject of a detailed focus in this outlook. Eia, international energy outlook 2017 6 32% 31% 15% 15% 12% 3% 10% %400 3% 14% 25% 27% 0 100 200 300 500 600 700 2015 2030 electricity losses electricity consumption biofuel coal natural gas petroleum and other liquids world energy consumption by fuel source quadrillion btu world energy consumption by fuel with electricity separated.
Generalquestions concerning the contents of the report should be referred to john j. Four largescale shifts in the global energy system set the scene for the world energy outlook 2017. Iea world energy outlook 2017 describes a world in. Iea is a selfgoverning agency whose goals are to promote energy security amongst its 29 country members and to provide research and analysis on ensuring reliable, affordable and clean energy. Annual energy outlook 2020 energy information administration. At the iea we support sound and sustainable policy making with good data, but also. Carbon emissions from energy are set to keep rising.
Fatih birol, executive director of the iea, will present the main findings from the agencys world energy outlook 2017. This years conference will focus on how the energy industry must innovate and transform to remain competitive in a low carbon future. The energy outlook is produced to aid bps analysis and decision. Back in september we summarized the results of the energy information administrations international energy outlook ieo for 2017, its global forecast of energy supply and demand earlier this month, the international energy agency iea issued its latest global forecast, the world energy outlook 2017 weo2017 so we thought wed give readers a quick rundown of ieas findings, focusing. The outlook assumes that governments will stick to the pledges they made on energy, including india and chinas pledges to move away from fossil fuels and the united states to reduce its demand for oil th. The world energy outlook series is a leading source of strategic. Iea, international energy agency, world energy outlook, world energy outlook2017 about the author joshua s hill im a christian, a nerd, a geek, and i believe that were pretty quickly. These changes provide the backdrop for the world energy outlook2017, which includes a full update of energy demand and supply projections to 2040 based on different scenarios. For detailed discussion see the weo2015 publications on iea web site. The international energy outlook presents an assessment by the u. World energy outlook 2017 international energy agency.
Iea world energy outlook 2017 introduces sustainable. The international energy agency commenced its operation in 1974 under the auspices of the organization for economic cooperation and development oecd. World energy outlook 2017 i went to a talk last night at the council on foreign relations. Energy access outlook 2017 world energy outlook special report. Based on ieas weo 2018 assumption if future investment is limited to developing existing. Overview regional trends oil and gas supply investment fossilfuel subsidies and renewable energy outlook source. 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. 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. These changes provide the backdrop for the world energy outlook 2017, which includes a full update of energy demand and supply projections to 2040 based on different scenarios. These changes provide the backdrop for the world energy outlook2017, which includes a full update of energy demand and supply. Eye on the market energy outlook 2017 many rivers to cross.
The world energy outlook weo is the ieas annual report on the state of the energy sector from a global perspective, providing comprehensive analysis of the interplay between energy policy, markets, and technology development. The international energy outlook 2019 provides longterm world energy projections 7. The international energy agency iea, an autonomous agency, was established in november 1974. 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. Key wordl energy stastti ics connaissance des energies. 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. Nov 14, 2017 launch presentation, 14 november 2017. Energy efficiency a major factor in the global energy balance is treated in much the same way as conventional fuels. Bp energy outlook 2017 edition the energy outlook considers a base case, outlining the most likely path. Oecdiea 2017 change in world energy demand by fuel lowcarbon sources. The world energy outlook series is a leading source of strategic insight. The iea is the energy forum for 26 member countries, all from the oecd, to improve the worlds energy supply and to promote reliable databases for energyrelated information.
Iea energy efficiency 2018 and world energy outlook 2018. Based on scenarios, these projections compare what will happen if policies remain the same and what might happen if policies were improved. The study was designed and directed by tim gould, head of the weo energy supply outlook division. Ieas world energy outlook 2017 foresees a transformation. These changes provide the backdrop for the world energy outlook 2017, which includes a full update of energy demand and supply projections to 2040 based. The aggregated flow other is removed from the database. Its prospects and contribution are presented in a dedicated chapter. Database documentation 2019 edition 5 international energy agency flows a new industry sector aggregate manufacturing has been added. 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. Clean energy technologies, scenarios, electric vehicles, energy efficiency, statistics, transport created date.
The international energy agencys annual energy projections. International energy agency releases its world energy outlook. Eias international energy outlook 2017 ieo2017 presents an assessment of longterm world energy markets. Natural gas and petroleum product consumption is rising in asia faster than supply. A cleaner and more diversified energy mix in china is another major driver of this transformation. Founded in the wake of the 1974 oil crisis to promote energy security, cooperation and stable markets worldclass data, research and policy analysis to help governments and industry make good energy choices numerous industry and scientific working groups, led by ceolevel energy business council key goals are energy security. The latest world energy outlook offers the most comprehensive analysis of what this transformation of the energy sector might look like, thanks to. A u u c four largescale shifts in the global energy system set the scene for the world energy outlook2017 weo 2017. Global status report 2017 world green building council. International energy agency the landmark paris agreement on climate change will transform the global energy system for decades to come. Between 2015 and 2040, world energy consumption increases by 28% in the ieo2017 reference case, with more than half of the increase. 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. Each edition tends to have a particular geographical or policy focus.
The graphics in this presen tation focus on projections through 2040. The purpose of producing energy statistics is to use them to monitor changes in energy production and use, inform debate and provide a wider understanding of. This report was prepared by the world energy outlook weo team in the directorate of sustainability, technology and outlooks sto of the international energy agency iea, in cooperation with other directorates and offices of the agency. Iea releases world energy outlook 2017 penn state extension. Global energy demand rose by nearly 2% in 2017, the fastest rise this decade, driven by economic growth and changes in consumer behaviour change in global primary energy demand, 201117. Please note that despite our best efforts to ensure quality control, errors have slipped into the world energy outlook 2017. Energy access outlook 2017 international energy agency. Even if renewable energy were to meet even if renewable energy were to meet of global electricity demand in 2040, it still might only represent 20% of global energy consumption, and. The global status report 2017 was prepared by thibaut abergel, brian dean and john dulac of the international energy agency iea for the global alliance for buildings and construction gabc.
The world needs to secure its future energy supply and reduce climate emissions. Southeast asia energy outlook 2017 indiaenvironmentportal. International gas union reaction to the iea world energy. Outlook 58 energy indicators 60 conversion factors 70 glossary 73. Over the years with the cooperation of energy statisticians around the world, the iea has gained recognition as one of the worlds most authoritative sources for energy statistics.
The resurgence in oil and gas production from the united states, deep declines in the cost of renewables and growing electrification are changing the face of the global energy system and upending traditional ways of meeting energy demand, according to the world energy outlook 2017. The executive summary or additional information on the world energy outlook can be found on the iea website. You have access to read the content online, if option available. Ieas world energy outlook 2017 foresees a transformation of. Pdf on oct 19, 2017, hannah e daly and others published energy access outlook. These rates were applied to 2017 population to estimate population below the poverty line.
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