(TO BE RELEASED ON 12 NOVEMBER 2014)
The global energy landscape is evolving at a rapid pace, reshaping long-held expectations for our energy future. The 2014 edition of the World Energy Outlook will incorporate all the latest data and developments to produce a comprehensive and authoritative analysis of medium- and longer-term energy trends. It will complement a full set of energy projections – which extend from today through, for the first time, the year 2040 – with strategic insights into their meaning for energy security, the economy and the environment. Oil, natural gas, coal, renewables and energy efficiency will be covered, along with updates on trends in energy-related CO2 emissions, fossil-fuel and renewable energy subsidies, and universal access to modern energy services. The WEO-2014 will also provide in-depth analysis of some topical energy sector issues:
10 April 2014, Platts
Despite the expected growth of US LNG exports, Europe has "no hope" of seeing gas prices near US levels due to transportation costs, Fatih Birol, the International Energy Agency's chief economist said Thursday.
13 March 2014, Business Week
Subsidies mess with the law of supply and demand, discouraging investment in both alternative energy and fossil fuel exploration. “It’s a failed policy,” says Fatih Birol, chief economist for the International Energy Agency (IEA), “but we see that many countries continue to follow it.”
26 February 2014, Downstream Today
The U.S. shale revolution has helped reshape the global energy market, but Middle Eastern oil will remain vital for meeting future Asian energy demand, Fatih Birol, chief economist for the International Energy Agency (IEA), told attendees Feb. 21 at an event at Rice University in Houston.
Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies. The extraordinary rise of light tight oil in the United States will play a major role in meeting global demand growth over the next decade, but the Middle East – the only large source of low-cost oil – will remain at the centre of the longer-term oil outlook. India is set to overtake China in the 2020s as the principal source of growth in global energy demand.
Bringing together the latest data and policy developments, the World Energy Outlook 2013 presents up to date, projections of energy trends through to 2035, fuel by fuel, sector by sector, region by region and scenario by scenario. Oil is analysed in-depth: resources, production, demand, refining and international trade. Energy efficiency is treated in much the same way as conventional fuels: Its prospects and contribution are presented in a dedicated chapter. The report examines the outlook for Brazil's energy sector and provides updates on three key areas of critical importance to energy and climate trends: (i) achieving universal energy access; (ii) developments in subsidies to fossil fuels and renewables; and (iii) the impact of energy use on climate change.
World Energy Outlook 2013 - special early reports:
WEO User Survey
Thank you to all WEO readers who participated in the online user survey. Your feedback was greatly appreciated. A random draw was held to determine the recipients of five copies of WEO-2014. Congratulations to the winners: Peter Knutzen, Bengt Johansson, Kevin Noone, Henk Reimink and Toshio Sagane!
The IEA Energy Business Council is an executive-level group, with members from a wide variety of companies involved in energy exploration, production and consumption, ranging from commodities companies to automobile manufacturers to wind and solar producers and industry associations. Click here to visit the Energy Business Council website.