Three policy scenarios are analysed throughout the weo report. The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040. It presents a comprehensive outlook for oil demand, supply and the downstream for the medium 2015 2020 and longterm 20202040. 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. Ieas world energy outlook 2015 center for strategic and. Fatih birol, executive director at the international energy agency to present the ieas world energy outlook 2015. Fatih birol chief economist international energy agency oecdiea 2006 the reference scenario. Energy outlook downloads and archive energy economics bp. India energy outlook world energy outlook special report 2015. Jun 23, 2015 the world is moving towards a crucial climate change meeting in paris in december 2015 cop21.
The woo 2015 emphasizes that oil will remain central to the global energy mix over the next 25 years, helping to satisfy the worlds growing energy needs. Between 2015 and 2040, world energy consumpt ion increases by 28% in the ieo2017 reference case, with more than half of the increase attributed to nonoecd asia including china and india, where strong economic growth drives increasing demand for energy. Countries including india and indonesia took advantage. 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 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 energy outlook 2015 aeo2015, prepared by the u. Wind power to dominate power sector growth the global wind energy council released its biennial global wind energy outlook today, outlining scenarios where wind could supply 20% of global electricity by 2030. 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 fossilfuel and renewable energy subsidies. The annual outlook, weighing in at 700 pages, is one of the most widelyread and universally respected set of energyrelated forecasts in the world. In all the scenarios considered, world gdp more than doubles by 2040 driven by increasing prosperity in fastgrowing developing economies. Sarah ladislaw director and senior fellow, energy and national security program, csis the csis energy and national security program is pleased to host dr. Global wind energy outlook 2016 global wind energy. The report looks at four scenarios exploring the future of the wind industry out to 2020, 2030. In the asiaworld energy outlook 2015, or the 10th edition of the series, we attempted to depict the worlds longterm energy supply and demand picture based on the latest information and precise analyses as usual.
International energy agency world energy outlook 2006 dr. The world energy outlook takes a deeper look at three countries and the effects that different regulatory approaches are having on the exploration and extraction of unconventional gas. Energy information administration eia, presents longterm annual projections of energy supply, demand, and prices through 2040. What would it take for this to happen and what would it. World primary energy demand global demand grows by more than half over the next quarter of a century, with coal use rising most in absolute terms. For many years the outlook has helped inform exxonmobil s longterm business strategies, investment plans and research programs. 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. Doubts have arisen about whether emerging countries would drive the acceleration of global economic growth in the near future. 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. In greece, default,unexpecte d in any industrial country, has become a real fear. These are some of the insights touted by the international energy agency iea world energy outlook 2015, published this week. Signs of change in global energy have multi plied in the 12 months since the last world energy outlook weo oil prices fell sharply, with the prices of other fuels moving in.
Outlook for energy the outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. Outlook for energy 2015, published in january 2015 bp. Overview regional trends oil and gas supply investment fossilfuel subsidies and renewable energy outlook source. The three countries examined are the united states, canada and australia. The projections for the future and quality in the past of the world energy outlook for solar pv and other renewable energy technologies matthieu metayer1,2, christian breyer1,3 and hansjosef fell3 1 lappeenranta university of technology, skinnarilankatu 34, 53850 lappeenranta, finland, christian. Energy outlook 2015, published in february 2015 opec.
Outlook energy indicators conversion factors glossary db 4 01092016 11. Energy agencys world energy outlook 2015 with the ieo2016 projections is presented. This years energy outlook provides fresh insight into these trends and many more. Energy information administration eia, under the direction of john j. 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. Fatih birol executive director, international energy agency iea moderated by. India is set for a period of rapid, sustained growth in energy demand. 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 agencys annual world energy outlook weo publication forecasts electricity demand, investment, generation capacity and trends in energy consumption until 2040. Energy information administration eia of the outlook for international energy markets through 2040.
Nov 10, 2015 big questions abound in global energy in 2015. The international energy outlook 2016 ieo2016 presents an assessment by the u. In addition, the weo 2015 covers indepth analysis on several topical issues. World energy outlook special report, november 2015.
World energy outlook special report on energy and climate. The global wind energy council released its biennial global wind energy outlook today, outlining scenarios where wind could supply 20% of global electricity by 2030. World outlookenergy 2015 together could oil prices stay lower for longer. Fossil fuels are projected to provide the majority of the worlds energy needs, meeting twothirds of the.
It also outlines an integrated way to meet multiple. Nov 10, 2015 world energy outlook 2015 presentation. World energy outlook 2014 world energy outlook 20 note. Downloads are a mix of pdf, excel, csv and powerpoint documents. The annual outlook, weighing in at 700 pages, is one of the most widelyread and universally respected set of energy related forecasts in the world. For many years the outlook for energy has helped inform exxonmobil s longterm business strategies, investment plans, and research programs. 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. World energy outlook 2015 weo from the international energy agency iea has taken observers by surprise. World energy outlook 2015 executive summary english version. 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. World energy outlook 2018 international energy agency. Its the first outlook published with faith birol at his new post as the executive director of the iea, as birol was, until recently, chief economist and director of global energy economics. Renewable energy, excluding hydroelectric power, is expected to almost triple its share by 2035, but still only represent just 8 percent of global supply.
We use the outlook to help inform our longterm business strategies and investment plans. Nov 10, 2015 john buffi is a retired police offer who lost his home to superstorm sandy. The world energy outlook weo is the gold standard of longterm energy analysis. Prospects across the main countries and regions remain uneven. A perspective to 2040 the outlook for energy is exxonmobil s view of energy demand and supply through 2040. The price of manufactured lowcarbon energy technologies 93 box 3. World energy outlook 2015 special briefing use of inefficient coalfired power plants, methane emissions from oil and gas lowering production, fossilfuel subsidy reform or carbon pricing, are reflected in the indcs of just a handful of countries. The world energy council has been developing and using world energy scenarios for over a decade to support its global member network of energy leaders, to clarify complexity, and to realise new opportunities for successfully managing global energy transition. 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 oe rest of world china oecd. 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. World energy outlook annex a tables for scenario projections. Ieo2016 is provided as a service to energy managers and analysts, both in government. Global energy outlook 2015 international energy forum. Renewables for transport and heat include biofuels for transport and solar.
Actions in the energy sector can make or break efforts to achieve the worlds agreed. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. The value of the outlook is not in trying to predict the future. I would therefore like to thank duncan millard, the iea chief statistician and. For further information energy information administration. Each year we make a number of changes to neo as we strive to improve the completeness and complexity of our analysis.
Oil prices fell sharply, with the prices of other fuels moving in tandem in many parts of the world. Energy information administration annual energy outlook 2015 preface the annual energy outlook 2015 aeo2015, prepared by the u. 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. What would it take for this to happen and what would it mean for energy security and for the energy transition. World outlook energy 2015 iiii for more information, please visit. Review of world energy, and historical energy data up to 20 are. John buffi is a retired police offer who lost his home to superstorm sandy. But the global wind energy outlook isnt about 2014 or 2015 its about what the industry will look like in 2020, 2030 and beyond there is much that we dont know about the future, and there will no doubt be unforeseen shifts and shocks in the global economy as well as political ups and downs. This article uses the new policy scenario, where government policies as of mid2015 have been formally adopted and any relevant policy proposals.
Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in. Weo2015 special report, is a natural choice for an indepth study. World energy outlook 2015 analysis and key findings. The world energy outlook 2015 weo2015 will present updated projections for the evolution of the global energy system to 2040, based on. 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. The report looks at four scenarios exploring the future of the wind industry out to 2020, 2030 and 2050. What must be done to reach the climate targets set in the paris agreement in 2015. 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.
World energy outlook special report on energy and climate change. Any such attempt is doomed to fail the uncertainty surrounding the energy transition is here to stay. Energy perspectives longterm macro and market outlook. The annual energy outlook 2015 aeo2015 was prepared by the u. Rather the value of the energy outlook is in providing a structure and discipline. A perspective to 2040 the 2019 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. At the same time, we provided an analysis made for prese nting a direction. Global wind energy outlook 2016 global wind energy council. For 2015, we estimate the average wagp gas flow to be 60 mmscfd, i. All of this requires timely, reliable and authoritative data and analysis. Some of the nergy sector technology or policy optionse that are. Where is there a need for new investment to ensure energy access. New energy outlook 2019 bloomberg new energy finance.
In the reference case, world energy consumption totals 911 quadrillion british thermal units btu in 2050287 quadrillion btu in the oecd countries and 624 quadrillion btu in the nonoecd countries. The world energy investment wei report is the worlds. In the high economic growth case, world energy use in 2050 is about 1,090 quadrillion btu. He now uses the demolisher system to help take care of his 91yearold father and children. World economic outlook international monetary fund. The weo is prepared by the imf staff and has benefited. The world energy outlook 2015 weo2015 will present updated projections for the evolution of the global energy system to. Asiaworld energy outlook 2015 i foreword he global energy environment has changed dramatically since only a little more than one year ago.
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