The world energy council actively contributes the insights needed by energy leaders to make effective strategic, policy and business decisions about the energy transition. Global wind energy outlook 2014 global wind energy council. Ieas world energy outlook 2014 center for strategic and. Nov 12, 2014 world energy outlook 2014 presentation opening remarks. Outlook for energy the outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. This report describes one of the most poorly understood parts of the global energy system, offers an authoritative study of its future prospects, broken down by fuel, sector and subregion and shows how investment in the subsaharan energy sector can stimulate rapid economic and social development. Iea world energy outlook analysis nuclear, hydro and. Energy grid investments storm response great value for customers. World energy outlook 2014 africa special report sabanci. Fatih birol, chief economist of the the international energy agency iea. 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.
We use the mit integrated global system model igsm, a. The center on global energy policy hosted a discussion with adam sieminski, administrator, u. This will depend on hugely important choices that lie ahead. The international energy agencys iea africa energy outlook a special report in the 2014 world energy outlook series offers a most comprehensive analytical study of energy in africa, specifically in subsaharan africa, the epicentre of the global challenge to overcome energy poverty. Looking at global energy developments up to 2040, the world energy outlook 2014 is a strong reminder that sustained political efforts are essential if we want to change energy trends for the better. Not as important as obama is going to india, but the world energy outlook next year is going to focus on india, as well. Answers to these questions and a host of others are to be found in the pages of weo2014, based on new projections which are extended, for the first time, to 2040. The international energy agency iea deemed growth and disruptions of the worlds power sector so significant to the future of energy, it dedicatedfor the first timea fourchapter. This complimentary 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 world energy investment outlook. Nonetheless, these fossil fuels remain the dominant sources of energy, with oil, coal and gas each accounting for around.
The energy prospects of subsaharan africa are analysed comprehensively and the state and prospects of nuclear energy examined in depth, all as part of a systematic analysis of developments in global energy across all fuels and nations. The international energy agency iea has released the 2014 edition of its world energy outlook weo2014, which emphasizes that events of the last yearsuch as the instability in the middle easthave increased many of the longterm uncertainties facing the global energy sector. Renewable energy world recently released a great article on how solar energy in 2014 will compare to last year. World energy consumption growth is concentrated in nonoecd countries 3 world energy consumption, 19902040 quadrillion btu source.
Energy information administration eia, on the eias latest assessment of longterm global petroleum and other liquid fuels markets in the international energy outlook 2014 ieo2014. Oct, 2014 subsaharan africas energy sector can be improved to unlock a better life for its citizens. International energy agency iea chief economist dr. 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. But are investors ready to commit capital in a fastchanging energy world.
Interregional gas trade by pipeline is largely a eurasian phenomenon. This years edition updates the outlooks for all fuels, technologies and regions, based on the latest market. World energy outlook 2014 world energy outlook 20 note. Birol helped to shed light on the rapidly evolving global energy landscape, presenting the weos.
These stress signs include access to energy and concerns over energy security. Profound shifts underway in energy system, says iea. For many years the outlook for energy has helped inform exxonmobil s longterm business strategies, investment plans, and research programs. The international energy outlook presents an assessment by the u. In the latest world energy outlook report from the international energy agency iea, the intergovernmental agency advises global decisionmakers to not let events from the last year distract them from recognizing and confronting the longerterm signs of stress that are emerging in the energy system. University international center for energy and climate iicec in cooperation with apco worldwide organized world energy outlook 2014 africa special report turkey presentation at sabanc. Global coal use may have peaked in 2014, says latest iea world energy outlook posted on 21 february 2019 by guest author. 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. Global demand for energy is projected to increase by 37 percent by 2040 despite no growth in energy demand from the major developed nations countries of the organization for economic cooperation and development oecd throughout. The 2014 edition will comprise an analysis of medium and longerterm energy trends, including latest data and developments of relevance for energy security, the economy and the environment.
The 2014 edition of the world energy outlook weo will incorporate all the latest data and developments to produce a comprehensive and authoritative analysis of medium and longerterm energy trends. The report shows that wind power could reach 2,000 gw by 2030, and supply up to 1719% of global electricity, creating over 2 million new jobs global wind energy outlook 2014. World energy outlook 2014 presentation opening remarks. Over the period to 2040, total energy use is projected to grow by almost 40 per cent, while the share of fossil fuels in the energy mix falls. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Iea releases its world energy outlook 2014 report ipieca.
Overview of the reference case 29 key assumptions 30 energy demand 56. We provide reliable data, useful tools and impartial comment. Dec 22, 2014 world energy outlook 2014 turkey presentation. The 2014 energy and climate outlook provides an integrated assessment of how human activities, given our current development path, are interacting with complex earth systems and ultimately affecting the natural resources on which we depend. The international energy agencys iea africa energy outlook a special report in the 2014 world energy outlook series offers a most comprehensive analytical study of energy in africa, specifically in subsaharan africa, the epicentre of the global challenge to. On november 12, 2014, the international energy agency iea released its world energy outlook 2014 with forecasts of world energy supply and demand to the year 2040. The report shows that wind power could reach 2,000 gw by 2030, and supply up to 1719% of global electricity, creating over 2 million new jobs global wind energy outlook 2014 read more. Despite setbacks, an uneven global recovery continues. The annual world energy outlook is the international energy agencys flagship publication, widely recognised as the most authoritative source for global energy projections and analysis citation needed. World energy outlook 2014 sabanci university international.
It will complement a full set of energy projections which extend. Todays agenda strong grid fair policy balanced portfolio better product. The 2014 energy and climate outlook continues a process, started in 2012, of providing an annual update on the direction the planet is heading in terms of economic growth and the implications for resource use and the environment. World energy outlook 2014 africa special report turkey presentation.
Energy information administration of the outlook for international energy markets through 2050 pdf ppt note. University international center for energy and climate iicec in cooperation with tusiad organized world energy outlook 2014 turkey presentation at sabanc. The world energy outlook 2014 is based on new projections which are extended, for the first time, to 2040. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Chart data can be accessed by rightclicking the chart in the ppt file. Opecs world oil outlook woo is part of the organizations commitment to market stability. It will complement a full set of energy projections which extend from today. Nov 21, 2014 on november 12, 2014, the international energy agency iea released its world energy outlook 2014 with forecasts of world energy supply and demand to the year 2040. The global growth projection for 2015 was lowered to 3. The world energy outlook does not aim to provide a view on where the energy world will be in 2030 or 2040. Asiaworld energy outlook 2014 5 energy consumption now falls short of half of the european union consumption but will exceed theeuropean unio n level in the late 2030s. Iea world energy outlook 2014 launch sdg knowledge.
Africa energy outlook a focus on energy prospects in sub. The csis energy and national security program hosted fatih birol, chief economist at the international energy agency iea, to present the ieas 2014 world energy outlook. Global wind energy outlook 2014 global wind energy. The energy prospects of subsaharan africa are analysed comprehensively and the state and prospects of nuclear energy examined in depth, all as part of a. Sep 22, 2014 the center on global energy policy hosted a discussion with adam sieminski, administrator, u. World energy outlook 2014 climate action european commission. The international energy agencys iea world energy outlook 2014 weo 2014 report will be launched on 12 november. 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. In q3 alone, 930 megawatts of pv were installed in the united states and in the last two and a half years, total global pv capacity grew from 50 megawatts to over 100. Launch of world energy outlook 2014 sustainable energy. Energy outlook downloads and archive energy economics bp. 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. The global energy landscape is evolving at a rapid pace, reshaping longheld expectations for our energy future.
Answers to these questions and a host of others are to be found in the pages of weo 2014, based on new projections which are extended, for the first time, to 2040. World energy outlook 2014 analysis and key findings. 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. Climate pledges slow energy sector emissions growth dramatically. Nov 12, 2014 how close is the world to using up the available carbon budget, which cannot be exceeded if global warming is to be contained.
Eia, international energy outlook 20 deloitte oil and gas conference november 18, 2014 0 200 400 600 800 1,000 1990 2000 2010 2020 2030 2040 oecd nonoecd. Energy information administration of the outlook for international energy markets through 2050. World markets for petroleum and other liquid fuels have entered a period of. Understanding the world energy outlook sustainable development scenario sds duration.
It also sends a clear message to the world that current trends could lead to global temperature increases of 3. The paper presents data and results from the world energy outlook weo 2014, published by the international energy agency iea. By 2040, almost half of interregional trade in gas is in the form of lng figure 2. What the weo2019 does aim to do is to inform decisionmakers as they design new policies or consider new investments or shape our energy future in other ways. Global demand for energy is projected to increase by 37 percent by 2040 despite no growth in energy demand from the major developed nations countries of the organization for economic. Nov 24, 2014 the csis energy and national security program hosted fatih birol, chief economist at the international energy agency iea, to present the ieas 2014 world energy outlook. Dr birol will help shed light on this changing landscape, presenting the main findings of the 2014 edition of the ieas flagship publication, the world energy outlook. World energy outlook 2014 council on foreign relations. Nonetheless, these fossil fuels remain the dominant sources of. Our interactive energy transition toolkit includes five comprehensive tools that can be used together or separately. Actions in the energy sector can make or break efforts to achieve the worlds agreed climate goal.
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