IEA World Energy Outlook
This report provides analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection, and economic development;
- History
Expected Impact / Date | Description |
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Oct 16, 2024 | |
Oct 24, 2023 | |
Oct 27, 2022 | |
Oct 13, 2021 | |
Oct 13, 2020 | |
Nov 13, 2019 | |
Nov 13, 2018 | |
Nov 14, 2017 | |
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- IEA World Energy Outlook News
In launching its World Energy Outlook 2024 (WEO), the IEA stated that “the future of the global energy system is electric.” This follows its assertion that demand for coal, oil and gas will peak by the end of the decade. Furthermore, the IEA’s Executive Director stated, “In energy history, we’ve witnessed the Age of Coal and the Age of Oil – and we’re now moving at speed into the Age of Electricity, which will define the global energy system.” The idea that the energy system can be ‘defined’ by one energy source does not correspond ...
With fossil fuel growth and demand set to peak within the next five years, the world is on the verge of a new “age of electricity”, said Fatih Birol, executive director of the International Energy Agency (IEA). The Turkish economist and energy expert, speaking on Wednesday in a press release, pointed to surplus oil and gas supplies leading to a surge in investment in green energy. Birol, speaking in the release alongside the agency’s annual report, said in the “second half of this decade, the prospect of more ample – or even surplus ...
Long term global oil demand is set to fall by more than previously anticipated, according to the baseline scenario in the IEA's latest World Energy Outlook (WEO). The Paris-based agency's stated policies scenario (Steps), which is based on prevailing policies worldwide, sees global oil demand — excluding biofuels — falling to 93.1mn b/d in 2050, compared with 97.4mn b/d in last year's WEO. This is mainly because of lower-than-previously expected oil use in transportation, particularly in shipping. The Steps scenario still sees global ...
The IEA's flagship World Energy Outlook, published every year, is the most authoritative global source of energy analysis and projections. It identifies and explores the biggest trends in energy demand and supply, as well as what they mean for energy security, emissions and economic development. This year’s Outlook comes against a backdrop of escalating risks in the Middle East and heightened geopolitical tensions globally, and explores a range of energy security issues that decision makers face as they proceed with clean energy ...
Paris-based energy watchdog the IEA has updated its net zero by 2050 roadmap, taking into account "the first global energy crisis" and subsequent concerns around energy security. The path to limit global warming to 1.5°C — the more ambitious end of the Paris climate agreement — has narrowed, the agency said. Recent investment in fossil fuel infrastructure not included in the IEA's original net zero roadmap released in May 2021 would result in 25bn t of emissions if it runs to the end of its lifetime, equivalent to around 5pc of the ...
Today, the world is in the midst of the first truly global energy crisis, with impacts that will be felt for years to come. Russia’s unprovoked invasion of Ukraine in February has had far‐ reaching impacts on the global energy system, disrupting supply and demand patterns and fracturing long‐standing trading relationships. The crisis is affecting all countries, but at the International Energy Agency (IEA), we are particularly concerned about the effect it is having on the people who can least afford it. One of the striking findings ...
Released on Oct 16, 2024 |
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Released on Oct 27, 2022 |
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