Rapid and widespread changes across all parts of the energy system are needed to put the world on a path to a secure and sustainable energy future, the International Energy Agency (IEA) said today on launching the latest edition of its World Energy Outlook.. Found insideIn this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. There are also steps the rest of us can take while we wait for the IEA to act. IEA hosts week of live-streamed events to delve into World Energy Outlook 2020 analysis. 2. Coal Minemouth Prices by Region and Type, Table 70. The CSIS Energy Security & Climate Change Program is pleased to invite you to a discussion of the IEA's India Energy Outlook 2021. Western Electricity Coordinating Council / Rockies, Table 54.25. Every year the International Energy Agency (IEA) publishes its World Energy Outlook report, with detailed scenarios on how the next few decades might unfold . Feed into the global conversation on net-zero greenhouse gas economies, welcoming the upcoming IEA global Net Zero by 2050 Roadmap on 18 May, which will be guiding future work across the IEA, including the annual IEA World Energy Outlook, and contributions to the first Paris Agreement Global Stocktake in 2023 on progress towards multilateral . Nonmanufacturing Sector Energy Consumption, Table 35. Energy Consumption by Sector and Source, Table 3. Northeast Power Coordinating Council / New England, Table 56.8. Natural Gas Delivered Prices by End-Use Sector and Census Division, Table 63. Includes both the World Energy Outlook 2020 data and the Energy Technology Perspectives 2020 data in a single package. Introduction; Consumption . Fast-evolving government plans to accelerate transitions towards a more sustainable future have created a high degree of uncertainty that is testing the oil industry. These forces are creating a dilemma for oil-producing countries and companies that are reluctant to leave resources in the ground or build new capacity that could sit idle. World Energy Outlook 2021 - Event listed by the International Energy Agency. Western Electricity Coordinating Council / Northwest Power Pool Area, Table 56.24. Short, timely articles with graphics on energy, facts, issues, and trends. OECD demand, by contrast, is not forecast to return to pre-crisis levels. Light-Duty Vehicle Stock by Technology Type, Table 40. Chief among such levers is governments support for urban energy transitions, a conclusion that is supported by the analysis of Energy Technology Perspectives 2016 (ETP 2016), which shows the vast number and size of cost-effective, ... Transportation Fleet Car and Truck Stock by Type and Technology, Table 46. Food Industry Energy Consumption, Table 26. This year's edition of this key source for global energy statistics, projections and analysis focuses on trends and developments in the major oil and gas producing countries of the Middle East and North Africa (MENA) region, in order to ... Found inside – Page 134[90] IEA (2020), World Energy Outlook 2020, OECD Publishing, Paris, https://dx.doi.org/10.1787/557a761b-en. [19] IEA (2019), Global Energy & CO2 Status ... "The IEA needs to fix the flaws in this report by prioritising truly clean technologies, and thrust that fixed scenario into the center of the 2021 World Energy Outlook. Bulk Chemical Industry Energy Consumption, Table 28. Source: IEA, World Energy Outlook, 2019 edition (WEO2019) Overall, the report suggests the share of renewable generation—not capacity—could nearly double, from 26% today to 44% in 2040 . World oil markets are rebalancing after the Covid 19 crisis spurred an unprecedented collapse in demand in 2020, but they may never return to "normal". The first India Energy Outlook report was released in 2015 by the International Energy Agency (IEA). Western Electricity Coordinating Council / Rockies, Table 56.25. On cover: IEA statistics. Northeast Power Coordinating Council / Upstate New York, Table 54.14. Primary Natural Gas Flows Entering Natural Gas Market Module Region from Neighboring Regions, Table 64. For the whole of 2021, the Paris-based IEA trimmed its demand forecast by 300,000 barrels a day. Light-Duty Vehicle Energy Consumption by Technology and Fuel Type, Table 39. As one of the eighteen field-specific reports comprising the comprehensive scope of the strategic general report of the Chinese Academy of Sciences, this sub-report addresses long-range planning for developing science and technology in the ... This will involve more concrete government policies and legislative action, as well as major behavioural changes. H owever, our assumption that a relatively high share of the workforce will continue working from home next year compared with before the The Annual Energy Outlook presents an assessment by the U.S. Energy Information Administration of the outlook for energy markets through 2050.. Press Presentation PDF PPT. Today, the International Energy Agency (IEA) released its 2020 World Energy Outlook (WEO). Steps such as releasing top-line cost assumptions are welcome, but a model that drives so much public policy should be open to public examination. Further fuel efficiency improvements, increased teleworking and reduced business travel, much stronger electric vehicle penetration and new policies to curb oil use in the power sector and more recycling will all be needed. Rapid changes in behaviour from the pandemic and a stronger drive by governments towards a low-carbon future have caused a . Commercial Sector Indicators and Consumption, Table 6. Natural Gas Supply, Disposition, and Prices, Table 15. 3 - Open-source everything. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Global Commission for Urgent Action on Energy Efficiency, Promoting digital demand-driven electricity networks. The Oil 2021 dataset includes 2019 data and forecasts through 2026 for world oil supply and demand by region, global oil demand by region and for major economies, world oil production (OPEC data through 2020 only), world refinery capacity additions, world, The data behind the Oil 2021 report with forecasts to 2026, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Northeast Power Coordinating Council / NYC & Long Island, Table 54.9. "World Energy Outlook 2008 draws on the experience of another turbulent year in energy markets to provide new energy projections to 2030, region by region and fuel by fuel, incorporating the latest data and policies. " Southwest Power Pool / North, Table 54.20. Light-Duty Vehicle Miles Traveled by Technology Type, Table 42. As a result, Asian crude oil imports are projected to surge to nearly 27 mb/d by 2026, requiring record levels of both Middle Eastern crude oil exports and Atlantic Basin production to fill the gap. Some sectors – such as aviation, shipping and petrochemicals – will continue to rely on oil for some time. Six years later, the organization has released the India-specific energy outlook report in February 2021. Western Electricity Coordinating Council / Basin, Table 58. According to the International Energy Agency (IEA) in its World Energy Outlook 2020, the coronavirus pandemic reduced the average growth rate of the global economy over the next 10 years by 0.6 percent from an annual rate of 3.6 percent to 3.0 percent.While IEA forecasts global energy supply and demand through 2040, IEA chose to focus more heavily on the next 10 years, which could be pivotal . IEA and NITI Aayog hold India launch of IEA Special Report on Sustainable Recovery. Found inside – Page iiiThis open access book presents detailed pathways to achieve 100% renewable energy by 2050, globally and across ten geographical regions. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Greenhouse gas data, voluntary reporting, electric power plant emissions. If Iran remains under sanctions, keeping the world oil market in balance may require Saudi Arabia, Iraq, the UAE and Kuwait – with their surplus capacity – to pump at or near record highs. Other Manufacturing Sector Energy Consumption, Table 34. Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). Data warehouse Database OECD.Stat. Reports requested by congress or otherwise deemed important. Western Electricity Coordinating Council / California South, Table 56.23. Sign up for email subcriptions to receive messages about specific EIA products. Now with projections to 2040, the World Energy Outlook presents all the latest data and developments to produce a comprehensive and authoritative analysis of medium- and longer-term energy trends. Search, filter and download the IEA's library of charts and figures, spanning the full range of IEA analysis The International Energy Agency's (IEA's) assessment of 2020 trends and 2021 forecasts, . You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. But in the absence of fresh upstream investments, the spare capacity cushion will slowly erode. It presents scenarios drawn from the International Energy Agency's (IEA) flagship publication, World Energy Outlook (IEA 2020b), and the International Renewable Energy Agency's (IRENA) Global . India Energy Outlook is a country-specific version of IEA's World Energy Outlook. Cement and Lime Industry Energy Consumption, Table 30. It explores opportunities and challenges ahead for India to ensure reliable, affordable and . ", Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Coal Production and Minemouth Prices by Region, Table 65. Four large-scale shifts in the global energy system set the scene for the World Energy Outlook 2017: the rapid deployment and falling costs of clean energy technologies, the growing electrification of energy, the shift to a more services-oriented economy and a cleaner energy mix in China, and the resilience of shale gas and tight oil in the United States. But if this leads to a shortfall in investment, it could also have geopolitical implications and heighten the risk of supply shortages later on. The centre of gravity for refined products trade is also set to shift to Asia, resulting in the region’s oil import dependence rising to 82% by 2026. A number of oil and gas companies are already scaling up their commitments in these areas. The latest World Energy Outlook offers the most comprehensive analysis of what this transformation of the energy sector might look like, thanks to its energy projections to 2040. Natural gas had a remarkable year in 2018, with a 4.6% increase in consumption accounting for nearly half of the increase in global energy demand. This is a re-post from Carbon Brief by Simon Evans. In its World Energy Outlook 2020, released in November 2020, the International Energy Agency (IEA) for the first time added a scenario in which the world's energy sector would achieve net-zero emissions by 2050, as it underscored the importance of bringing the world's carbon emissions under control. Coal Production by Region and Type, Table 66. 3. In addition, there are technologies vital to energy transitions that can be a match for the industry’s capabilities, such as carbon capture, low-carbon hydrogen, biofuels and offshore wind. Furthermore, the IEA's "renewable energy market update" forecasts nearly 40% higher growth in 2021 than it expected a year ago, putting wind and solar on track to match global gas capacity by 2022. The report - World Energy Outlook 2019 - features three scenarios for the world's energy mix up to 2040. Transportation Fleet Car and Truck Vehicle Miles Traveled by Type and Technology, Table 49. Equals the arithmetic difference between total demand minus total non−OPEC supply minus OPEC NGLs. Aviation fuels, the hardest hit by the crisis, are expected to slowly return to 2019 levels by 2024, but the spread of online meetings could permanently alter business travel trends. 5 Major Takeaways From The IEA's World Energy Outlook 2020 By Alex . International Energy Agency(IEA) releases the India Energy Outlook 2021 Report. to open the taps or risk a damaging spike in prices. Regional energy information including dashboards, maps, data, and analyses. The IEA's latest oil market report said that global oil demand "abruptly reversed course in July, and the outlook for the remainder of 2021 has been downgraded due to the worsening progression . Aluminum Industry Energy Consumption, Table 32. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. The World Energy Outlook, the IEA’s flagship publication, provides a comprehensive view of how the global energy system could develop in the coming decades. SERC Reliability Corporation / Central, Table 56.17. The World Energy Outlook is too important to global policy to remain closed. Key findings: India will make up the biggest share of energy demand growth at 25% over the next two decades, as it overtakes the European Union as the world's third-biggest energy consumer by 2030. In 2021, total upstream investment is expected to rise only marginally. India Energy Outlook 2021 explores the opportunities and challenges ahead for India as it seeks to ensure reliable, affordable and sustainable energy to a growing population. IEA: World Energy Outlook 2020 shows how the response to the Covid crisis can reshape the future of energy in Oil & Companies News 14/10/2020 It has been a tumultuous year for the global energy . The International Energy Outlook 2020 (IEO2020) marks the second year of EIA's two-year IEO development cycle. SERC Reliability Corporation / East, Table 56.15. Measured as deliveries from refineries and primary stocks, comprises inland deliveries, international marine bunkers, refinery fuel, crude for direct burning, oil from non-conventional sources and other sources of supply. At the same time, more and more governments are focusing on the potential for a sustainable recovery as a way to accelerate momentum towards a low-carbon future. Member countries . For all of 2021, we expect U.S. regular gasoline retail prices to average $2.77/gal and gasoline retail prices for all grades to average $2.87/gal. Found inside – Page 1This volume brings together leading researchers and practitioners—negotiators, activists, and policymakers—to lay out the emergent debate on climate change in India. 2020. In June 2015 the IEA's World Energy Outlook 2015 Special Report on Energy and Climate Change was published, which "has the pragmatic purpose of arming COP21 negotiators with the energy sector material they need to achieve success in Paris in December 2015". Energy Prices by Sector and Source, Table 4. Energy & Financial Markets: What Drives Crude Oil Prices? As the world enters a second year of the Covid-19 pandemic, the annual Global Energy Review assesses the direction energy demand and carbon dioxide emissions are taking in 2021. That is according to the International Energy Agency's World Energy Outlook 2020. Electricity Supply, Disposition, Prices, and Emissions, Table 11. Globally, demand for coal looks set to fall by 5% in 2020 - the largest decline since World War II, according to the International Energy Agency's (IEA) Coal 2020 report, which looks at historical trends in the coal industry and projects how these will play out over the coming five years.A forecasted rebound in 2021 could be short-lived, with no further increases in demand expected between . We based the U.S. macroeconomic assumptions in this outlook on forecasts by IHS Markit. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Demand for natural gas, which already is the top resource for U.S. power generation, will rise globally about 30 percent by 2030 and may go into slight decline after 2040, the IEA projection shows. . Industrial Sector Macroeconomic Indicators, Table 24. Market Forces Are a Wildcard. Director, Directorate of Global Energy Economics International Energy Agency 9, rue de la Fédération 75739 Paris Cedex 15 France Telephone: (33-1) 4057 6670 Email: weo@iea.org More information about the World Energy Outlook is available at www.worldenergyoutlook.org. Lower 48 Natural Gas Production and Supply Prices by Supply Region, Table 60. LONDON — The International Energy Agency on Tuesday cut its 2021 global oil demand forecast, citing soaring Covid-19 cases and renewed lockdown measures that will further limit mobility. We use largely the same models, the same economic assumptions, and the same input oil . Summary of New Light-Duty Vehicle Size Class Attributes, Table 43. Global fuel consumption will increase by 5.5-million barrels a day this year, following an . Energy-Related Carbon Dioxide Emissions by End-Use, Table 21. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Nuclear energy, the IEA says, will make "a significant contribution" in the Net Zero Emission scenario and will "provide . In this report. What is the News? This timely research review discusses a selection of key articles on the economics of renewable energy. Energy Statistics of OECD Countries Publication (2019) World Energy Outlook Publication (2020) Key World Energy Statistics Publication (2020) Nuclear Energy Data Publication (2021) Database Find more databases on Energy. Global shutdowns of 3.6 mb/d have already been announced, but a total of at least 6 mb/d will be required to allow utilisation rates to return to above 80%. District heating and cooling (DHC) combined with renewable energy sources can help meet rising urban energy needs, improve efficiency, reduce emissions and improve local air quality. Western Electricity Coordinating Council / Basin, Table 55. control in 2021 and the global economy returns to pre-crisis levels the same year. In many cases, these can help decarbonise sectors where emissions are hardest to tackle. In particular, the effects of the COVID-19 pandemic on the energy sector are examined in more detail. Global coal use may have peaked in 2014, says latest IEA World Energy Outlook Posted on 21 February 2019 by Guest Author. The tables below contain regional and other more detailed projections underlying the AEO2021 projections. The IEA . Minimising emissions from their core operations, notably methane, is an urgent priority. Renewable energy, aided by enabling technologies such as electric vehicles and storage, will eventually dominate energy systems worldwide. The Annual Energy Outlook narrative The Annual Energy Outlook narrative is the primary discussion of the Annual Energy Outlook:. The 464-page outlook, published today by the IEA, also outlines the "extraordinarily turbulent . IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040. Visit our World Steam Coal Flows By Importing Regions and Exporting Countries, Table 67. Western Electricity Coordinating Council / California North, Table 54.22. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo 0.0 1.0 2.0 3.0 4.0 5.0 6.0 2010 2020 2030 2040 2050 2020 history . There are also steps the rest of us can take while we wait for the IEA to act. At today's IEA-COP26 Net Zero Summit, International Energy Agency (IEA) director Dr. Fatih Birol again asserted that his agency "will provide a roadmap for the world to be in line with 1.5 degrees Celsius," and said this roadmap, to be released on 18 May, will guide the IEA's work.Yet, Birol continued to dodge questions as to whether the IEA's annual World Energy Outlook (WEO), which . SERC Reliability Corporation / East, Table 54.15. A pathway to net-zero emissions globally by 2050 would require an even sharper decrease. 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.. Western Electricity Coordinating Council / Southwest, Table 54.21. Particularly in this year, the WEO 2020 contains four . (tables 2-18.9) Energy consumption by sector and source. Glass Industry Energy Consumption, Table 29. Western Electricity Coordinating Council / Northwest Power Pool Area, Table 54.24. This year's edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. The new report provides the latest IEA analysis of the pandemic's impact: global energy demand is set to drop by 5% in 2020, energy-related CO 2 emissions by 7%, and energy investment by 18%. Western Electricity Coordinating Council / Southwest, Table 56.21. 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