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Source: Energy Insights, EIA 1H 2022 1H 2014 1H 2015 1H 2016 1H 2017 1H 2018 1H 2019 1H 2020 1H 2021 110 100 90 80 70 60 50 40 30 20 10 Supply disruption Global recession Base case Historical Supply disruption continues Volatile 2018 prices lead to skepticism towards offshore investment decisions. Washington, DC: World Bank. This is the theme of Davos 2019, which will bring together leaders from every sector and every part of the world to discuss how to cooperate on the challenges ahead. Our outlook is based on contributions from hundreds of McKinsey experts from around the world, from fields including oil and gas, automotive, renewable energy, and basic materials. PDF World Energy Outlook 2020 Davos 2019. Videos and speeches. Average annual GDP growth (2019-30) Energy demand 90 100 110 120 WEO-2019 Stated Policies Scenario 2019 2025 2030 Delayed Recovery Scenario Delayed Recovery ScenarioStated Policies ScenarioWEO-2019 2023 . Energy Map of the World, 2015 - PDF - Not printable Outlook 2017 | Energy Markets and Politics in the Year Ahead Outlook 2021 | Energy Markets and Politics in the Year Ahead Outlook 2019 | Energy Markets and Politics in the Year Ahead Price: 350.00 . Coal, oil, and natural gas remain the primary global energy sources even as renewables have begun rapidly increasing. The IEA sees potential in Iraq for 21 GW of solar PV and 5 GW of wind by 2030 compared to 7 GW and 1.5 . It will complement a full set of energy projections - which extend from today . Executive Summary. Thailand Economic Monitor Reports - World Bank The Outlook for Energy is ExxonMobil's view of energy demand and supply through 2040 and helps inform ExxonMobil's long-term strategies, investment plans and research programs. World Energy Outlook 2019 - International Energy Agency Particularly in this year, the WEO 2020 contains four . PDF World Energy Outlook 2020 and Global Electricity The global energy landscape is evolving at a rapid pace, reshaping long-held expectations for our energy future. Facts: About World Energy Outlook: The World Energy Outlook 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. This year's edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. Kenya has emerged a leader in Sub Saharan Africa in electrification having increased electricity access to 70 percent in 2019 (from both grid and off-grid options) from just 25 percent in 2010. 2019. PDF World Energy Outlook 2019 - iicec.sabanciuniv.edu Outlook for Energy Report. What the WEO-2019 does aim to do is to inform decision-makers as they design new policies or consider new investments or shape our energy future in other ways. 2021 Gulf Coast Energy Outlook David E. Dismukes - LSU Center for Energy Studies Gregory B. Upton, Jr. - LSU Center for Energy Studies Release Date: Fall 2020 Acknowledgments The Gulf Coast Energy Outlook (GCEO) would not have been possible without the help of many who contributed both time and financial resources. Through this global network, we are able to incorporate a diverse set of views into one consensus: PDF Energy Technologies 2030 Wind and - World Economic Forum Energy is vital for Africa's development, and Africa's energy future is increasingly influential for global trends as it undergoes the largest urbanisation the world has ever seen All have a part to play, but governments must take the lead in writing the next chapter in energy history It does not include energy from food. International Energy Outlook 2019. WEO World Energy Outlook WTO World Trade Organization . Price: 299.50 . Report date: November 2018. of the world energy system, can help nations create and implement their NDC plans. EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. PDF International Energy Outlook 2019 The share of renewables for generation of electricity is expected to reach 30 % by 2024. PDF Global Renewables Outlook: Energy Transformation 2050 World energy consumption rises nearly 50% from 620 quadrillion Btu in 2018 to 910 quadrillion Btu in 2050 4 0. Dr. Linda Capuano, CSIS IEO2019, September 24, 2019. Economy: European chemical firms brace for disruption. This will depend on hugely important choices that lie ahead. OPEC Gulf lacks spare capacity to step In addition, we are also providing a WEO-2021 Free Dataset that includes global data for all scenarios (SDS, APS, STEPS, NZE) and selected data for key regions and countries for 2030 and 2050, as well as historical data for 2010, 2019 and 2020. - currently the largest source of energy - the world might consume by 2050, in three different scenarios. BNEF: New Energy Outlook 2019. https://about.bnef. IRENA shows a decrease of 77% for PV, 20% for offshore wind, Equinor5 Energy Perspectives 2018 Reform, Renewal, Rivalry To 2050 ExxonMobil6 Outlook for Energy 2018 [unnamed central scenario] To 2040 IEA7 World Energy Outlook 2018 Current Policies (CPS), New Policies (NPS), Sustainable Development (SDS) To 2040 IEEJ8 Outlook 2019 Reference To 2050 OPEC9 World Oil Outlook 2018 Reference To 2040 The Energy Sector Management Assistance Program (ESMAP) is a global knowledge and technical health crisis, triggered by widespread public-health responses aiming to control the virus. In particular, the effects of the COVID-19 pandemic on the energy sector are examined in more detail. The outlook for natural gas and coal (6/1/21) Food commodity markets: Prices spike amid supply shortfalls and strong demand (5/25/21) Sustained rebound in metal prices amid the global economic recovery (5/12/21) The oil market outlook: a speedy recovery (5/4/21) The Commodity Markets Outlook in eight charts (4/20/21) Show More + News:The International Energy Agency has released its report on World Energy Outlook,2019. We use the Outlook to help inform our long-term business strategies and investment plans. PDF / 2.75 MB. State-level action and competitive costs help renewables In the 2019 Energy Outlook, the combustion of biofuels is assumed to have zero net CO2 emissions (i.e., CO 2 emissions from combustion exactly balances against the photosynthetic update of CO 2 in the growth of biomass used in biofuels), consistent with traditional biomass. Source: IEA, World Energy Outlook 2018, Sustainable Development. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be . 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. 6 Gulf Coast Energy Outlook 2019 While PADD 3 natural gas production is down somewhat from its 2011 peak of more than 43 Bcf/day, production trends over the past six years show a resilient resource base that continues to produce. 00:00. In its annual World Energy Outlook (WEO), the IEA models the long-term developments of the global commodity and energy markets up to 2070. +Follow. The CSIS Energy National Security Program is pleased to host Dr. Fatih Birol, Executive Director at the International Energy Agency (IEA), to present the IEA's World Energy Outlook 2016. The 2019 Outlook shows that countries do . to just reach for ready-made statistics the World Energy Outlook tends to be treated as a . Renwese balm, es ur seaboosedt nadon, i tac i f i r tec lbyeync i c i f f e l ia nat ut bss can provide over 90% of necessary CO emission reductions by 2050. . Find out more about the big ideas behind our Annual Meeting in this collection of articles by and about Davos participants. IEEJ Outlook 2019 Energy transition and a thorny path for 3E challenges Singapore, 1 November 2018 Yukari Niwa Yamashita The Institute of Energy Economics, Japan Energy, Environment and Economy. Economies worldwide have experienced profound effects of the global . Against the backdrop of turbulent markets and a crucial meeting of the COP26 conference on climate change in Glasgow, the 2021 World Energy Outlook (WEO) provides an indispensable guide to the opportunities, benefits and risks ahead at this vital moment for clean energy transitions.. Energy Outlook Watch the BP Energy Outlook 2017 video, containing our projections of long-term energy trends to 2035. . 4. 2018; U.S. EIA, 2019. 2019 Outlook for Energy: A perspective to 2040. (yroylqj wudqvlwlrq (7 0ruh hqhuj\ 0(/hvv joredol]dwlrq /* 5dslg wudqvlwlrq 57 5hqhz +\gur 1xfohdu The OECD and IEA are actively supporting the transition to a greener model of growth. Editor's note. Regional and country factsheets. EXHIBIT 3 | Share of Energy Sources in Overall Global Energy Consumption Source: BP Outlook 2019 0 5,000 10,000 20,000 15,000 1970 2010 2040 Million tons of oil equivalent 1980 1990 2000 2017 2020 2030 +2.2% +1.2% Oil Gas Coal Nuclear Hydro Renewables Reflecting and highlighting the ongoing energy transition process, the World Oil, Gas and Renewables, now at its 20 th edition, turns into World Energy Review, a single document that, by tracking the main changes in the energy sector, aims to be a useful tool for their understanding.. Most of the other 82% is heat and transportation. Coal, oil, and natural gas remain the primary global energy sources even as renewables have begun rapidly increasing. 2030. 1000. living standards, provide access to modern energy services, use energy more efficiently, protect the global environment and ensure reliable energy supplies, green growth must play a key role. This year's projections for different scenarios to 2040, based on the latest data and market developments, cover all fuels, regions, and technologies. World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery June 24, 2020 Description: Global growth is projected at -4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. It does not include energy from food. CONTENTS 5. World Energy Outlook 2020 Laura Cozzi Chief Energy Modeller, 10 November, Colorado School of Mines. This year's WEO focuses on the next decade. For the past 68 years, BP has published its Annual Statistical Review of World Energy, an impressive collection of global energy data that offers a retrospective view of what has happened in the world of energy production, consumption, trade, and related issues. Around the globe. granular outlook on global energy systems. IRENA (2019), Future of wind: Deployment, investment, technology, . This will depend on hugely important choices that lie ahead. 00:00. com/new-energy-outlook/ (Link as of 13/12/2019). EXHIBIT 3 | Share of Energy Sources in Overall Global Energy Consumption Source: BP Outlook 2019 0 5,000 10,000 20,000 15,000 1970 2010 2040 Million tons of oil equivalent 1980 1990 2000 2017 2020 2030 +2.2% +1.2% Oil Gas Coal Nuclear Hydro Renewables November 13, 2019, 10:28 AM EST . Developing countries in Asia account for over half of the global growth in generation from renewables. Business: US chemical industry to stay strong even as economic growth slows. The world is still far from putting . The global energy landscape is evolving at a rapid pace, reshaping long-held expectations for our energy future. Energy is vital for Africa's development, and Africa's energy future is increasingly influential for global trends as it undergoes the largest urbanisation the world has ever seen All have a part to play, but governments must take the lead in writing the next chapter in energy history The International Energy Outlook 2019 provides long-term world energy projections 7 WORLD ENERG TRANSITIONS OUTLOOK Box 1: Scenarios in this outlook The Planned Energy Scenario (PES) is the primary reference case for this study, providing a perspective on energy system developments based on governments' current energy plans and other planned targets and policies (as of 2019), including Nationally Determined Contributions World Energy Outlook 2019 - presentation Author: WANNER Brent, IEA/GEE/EMU Subject: Autumn conference 2019 Created Date: 12/2/2019 12:44:34 PM . From other sources - non-specified OSNONSPEC Refers to both primary energy that has not been accounted for under production and secondary energy that has been accounted for in the It is a basic part of economic activity. 100. We publish this long-term energy outlook at the start of 2021, after a year that has brought . "The World Energy Outlook does not aim to provide a view on where the energy world will be in 2030 or 2040. State-level action and competitive costs help renewables IEA's World Energy Outlook 2019,14 "the energy world is marked by a series of deep disparities." The parts of the world that are experiencing major energy disparities are generally more concerned about their lack of access to energy than with the environmental impact of fossil fuels. All of these are achieved in the SDS, putting global emissions on track for net 246 World Energy Outlook 2017 Global Energy rends In the United States, solar PV (and wind power) is set for strong growth over the medium term, but then capacity growth slows, on the assumption that the Clean Power Plan is not implemented at the federal level. In two-thirds of the world, the cost of energy from wind and solar PV is now lower than new coal and gas plants.3 Historical view on costs of wind and solar PV . 4 World Energy Outlook 2019 capacity under construction worldwide), provides coal with considerable staying power in the Stated Policies Scenario. the world's energy system 16 eFigur 2. 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. DNV GL ENERGY TRANSITION OUTLOOK 2019 POWER SUPPLY AND USE 4. 6 Gulf Coast Energy Outlook 2019 While PADD 3 natural gas production is down somewhat from its 2011 peak of more than 43 Bcf/day, production trends over the past six years show a resilient resource base that continues to produce. ISBN 978-92-9260-238-3 (for the full report cited above) Price: 390.50 . The purpose of the hearing is to examine prospects for global energy markets, including the role of the United States from the perspective of the . PDF versions and PowerPoint slide packsof the charts, maps and graphs, plus an Excel workbook of the data. But electricity makes up just 18% of total world energy. The IEA's New Energy Outlook Comforts No One . 600. The WEO is the energy world's most authoritative source of analysis and projections. 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 longer-term energy trends. Source: IEA, World Energy Outlook, 2019 edition (WEO2019) Overall, the report suggests the share of renewable generationnot capacitycould nearly double, from 26% today to 44% in 2040 . This year's edition updates the outlooks for all fuels, technologies and regions, based on the latest market . 2.2Onshore wind outlook to 2050 24 2.3 Offshore wind outlook to 2050 42 . Advances in renewable energy, technological innovation, and strict low-carbon policies will play a critically important role over the next 30 years, but oil is likely to remain a significant part of the energy mix over this timeline. Energy Perspectives is an independent report prepared by Equinor analysts and presented by our chief economist, describing three possible development paths for the world economy, international energy markets and energy-related greenhouse gas emissions. 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 longer-term energy trends. The first one revolves around oil with a special focus . 2.1 Africa has the highest share of informal employment in the world, various years 47 2.2 Informal employment varies by gender and education, 2018 48 800. In its International Energy Outlook 2021(IEO2021) report published Wednesday, the agency predicted a nearly 50% increase in global energy use from 2020 to 2050. World Chemical Outlook 2019. Attribution | ESMAP. 2010. nuclear energy and renewables. What the WEO-2019 does aim to do is to inform decision-makers as they design new policies or consider new investments or shape our energy future in other ways. For many years the Outlook has helped inform ExxonMobil's long-term business strategies, investment plans and research programs. Forecasts and/or estimates provided herein are subject to change and may not actually come to pass. This year, the full World Energy Outlook report (PDF) is provided free of charge. 18 World Energy Outlook 2020 The new Net Zero Emissions by 2050 case (NZE2050) extends the SDS analysis.A rising number of countries and companies are targeting net-zero emissions, typically by mid-century. "The World Energy Outlook does not aim to provide a view on where the energy world will be in 2030 or 2040. 2020. As further comparisons, SolarPower Europe puts Saudi PV additions during 2019-23 at 4.6-11.4-14.4 GW (low, medium, and high cases), compared to this study's 11.9 GW; the UAE at 5.41 GW (medium case) compared to 5.9 GW in this study; and Egypt at 4.36 GW, compared to 1.56 GW in this study. 2040. . Given the uncertainty around the near-term impacts of COVID-19 on economic growth, energy demand and energy supply, and lack of precedent, the Company is considering a range of recovery pathways to guide near-term . Despite a less carbon intensive fuel mix, growth in energy . 400. Energy matters to everyone and we all play a role in shaping its future. (refer to Asia/World Energy Outlook 2016) Cost of capital continues to decline for utilities, justifying in part the expansion of trading multiples: DISPLAY 3 U.S. Utilities (XLU) One-Year Betas . The hearing will be held on Thursday, February 28, 2019, at 10:00 a.m. EST in Room 366 of the Dirksen Senate Office Building in Washington, DC. Energy Storage Grand Challenge Energy Storage Market Report 2020 December 2020 Acknowledgments The Energy Storage Grand Challenge (ESGC) is a crosscutting effort managed by the U.S. Department of Energy's Research Technology Investment Committee. This year's Energy Perspectives report was published on June 10, at a live streamed event . OUTLOOK FOR ENERGY: A PERSPECTIVE TO 2040 The 2019 Outlook for Energy is ExxonMobil's latest view of energy demand and supply through 2040. The outlook's Transforming Energy Scenario aligns energy investments with the need to keep global warming "well below 2 o C", in line with the Paris Agreement. Consumers' sensitivity to increases in energy prices is In its International Energy Outlook 2019 (IEO2019), the US Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. World energy supply and consumption is global production and preparation of fuel, generation of electricity, energy transport and energy consumption. 200. Conversion of Primary Electricity to Standardized Energy Units . It also aids energy- . 700. Refers to both primary energy that has not been accounted for under production and secondary energy that has been accounted for in the production of another fuel. 2018 Energy supply / demand and . 246 World Energy Outlook 2017 Global Energy rends In the United States, solar PV (and wind power) is set for strong growth over the medium term, but then capacity growth slows, on the assumption that the Clean Power Plan is not implemented at the federal level. 1.3 Energy subsidies as a share of nominal GDP, African oil exporters, 2013-14 and 2015-17 5 . 900. This year's edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. As shown by the International Energy Agency's (IEA) World Energy Outlook 20215, combatting climate change requires urgent action during the current decade and will require a profound transformation of consumption and production patterns, notably the way energy is produced, transported and consumed6. The World Energy Review is split into three sections. Renewable energy: more needed. Use Up/Down Arrow keys to increase or decrease volume. We're in a new economic era: Globalization 4.0. It will complement a full set of energy projections - which extend from today . extraordinary challenges. 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. 500. It is a basic part of economic activity. Chapter 2: Kuwait's Energy Outlook to 2035 2.1 - Total primary energy demand in the Business-as-Usual Case 2.2 - Total final energy consumption by sector in the Business-as-Usual Case 2.3 - Power generation capacity by location over the Outlook period 2.4 - Shares of water production by desalination technology in 2015 and 2035 Full Committee Hearing on IEA's World Energy Outlook. Petrochemicals . Download report Eng (pdf) Sections in this edition: Recent economic development and outlook (p. 9) Selected issue notes - The Baht's Appreciation and Implications (p.12) - Investment Plans and Policies for the Energy and Transport Sectors (p.31) - Details of the Financial Acts approved in the past six months (p.42) Global Energy Perspective 2021 2. Renewable energy is on the rise but still makes up a small share of the TOTAL global energy consumption - about 4 %. This Communication world energy usage is estimated to rise by nearly 50% by 2050, with more than half of that demand coming from oil and natural gas.7 Even under the International Energy Agency (IEA) Sustainable Development Scenario (SDS), which outlines a major transformation of the global energy system and is fully aligned with the Source: BP Energy Outlook 2019, EIA Internation Energy Outlook 2018, IEA World Energy Outlook 2018, Energy Insights by McKinsey 2019; Shell LNG Outlook 2019; Exxon Outlook for Energy 2018 2018 2020 2025 2030 2035 2018 20 22 24 26 28 30 32 24 2035 650 600 550 500 450 400 350 300 250 200 150 100 50 0 5,000 4,500 4,000 3,500 3,000 Energy Sector Management Assistance Program (ESMAP) Technical Report 014/19. Renewables are the main challenger to coal in Asia's power sector, led by China and India. The Outlook for Energy is ExxonMobil's view of energy demand and supply through 2040. Mini Grids for Half a Billion People: Market Outlook and Handbook for Decision Makers. IRENA (2020), Global Renewables Outlook: Energy transformation 2050 (Edition: 2020), International Renewable Energy Agency, Abu Dhabi. The Energy Storage Market Report was 300. Download the booklet and Recent WBG investments have supported connections of 1,057,895 households (KEEP) and 125,000 households ( Kenya Electricity Modernization Project ). World energy supply and consumption is global production and preparation of fuel, generation of electricity, energy transport and energy consumption. Jobs in renewables would reach 42 million globally by 2050, four times their current level, through the increased focus of investments on renewables. activities. Glossary of Selected Terms Final Electricity - Electricity consumed at the point of end -use, including electricity generated World Energy Outlook Series zWorld Energy Outlook 1998 zWorld Energy Outlook 1999 Insights: Looking at Energy Subsidies: Getting the Prices Right zWorld Energy Outlook 2000 zWorld Energy Outlook 2001 Insights: Assessing Today's Supplies to Fuel Tomorrow's Growth zWorld Energy Outlook 2002 (2nd edition issued) zWorld Energy Outlook 2003 Insights: Global Energy Investment Outlook 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.
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