World Energy Outlook Special Report – released on 8 October
Download the full report in English
The ten countries that make up the Association of Southeast Asian Nations (ASEAN) are exerting an increasingly important influence on global energy trends. Underpinned by rapid economic and demographic growth, energy demand in the region has more than doubled in the last 25 years, a trend that is set to continue over the period to 2040. Given Southeast Asia’s role as a global growth engine, understanding what is shaping energy markets in this vibrant region and the implications for energy security and the environment is vital for policy makers and anyone with a stake in the energy sector.
The International Energy Agency, in collaboration with the Economic Research Institute for ASEAN and East Asia (ERIA) prepared the Southeast Asia Energy Outlook 2015 in response to a request from ministers at the 7th East Asia Summit Energy in Bali, Indonesia in 2013. Drawing on the latest data and policy and market developments, this report examines the current status and future prospects for energy markets in the region and their implications for energy security, the environment and economic development.
The report highlights:
(TO BE RELEASED 10 NOVEMBER 2015)
The precipitous fall in oil prices, continued geopolitical instability and the ongoing climate negotiations are witness to the dynamic nature of energy markets. In a time of so much uncertainty, understanding the implications of the shifting energy landscape for economic and environmental goals and for energy security is vital. The World Energy Outlook 2015 (WEO-2015) will present updated projections for the evolution of the global energy system to 2040, based on the latest data and market developments, as well as detailed insights on the prospects for fossil fuels, renewables, the power sector and energy efficiency and analysis on trends in CO2 emissions and fossil-fuel and renewable energy subsidies.
In addition, the WEO-2015 will be informed by in-depth analysis on several topical issues:
— A lower oil price future? The decline in oil prices and changed market conditions has prompted a broad debate over how and when the oil market will re-balance. This analysis will examine the implications for markets, policies, investment, the fuel mix and emissions if oil prices stay lower for longer.
— India’s energy outlook: How India’s energy sector develops over the coming decades will have profound implications both for the country’s own prospects and for the global energy system as a whole. With new impetus behind efforts to upgrade the country’s energy supply, this comprehensive, in-depth analysis will assess the multiple challenges and opportunities facing India as it develops the resources and infrastructure to meet rapidly rising energy demand.
— Renewables and energy efficiency: In the run-up to COP21, the Outlook will provide a report on the competitive position of fast-growing renewable energy technologies in different markets, how this evolves and what implications this might have for policy; the analysis also tracks for the first time the coverage of energy use by efficiency policies around the world and the ways in which product design, recycling and reuse (“material efficiency”) can contribute to energy savings.
— Unconventional gas: In addition to an update on the opportunities and challenges that face the development of unconventional gas globally, analysis will focus on the prospects for unconventional gas in China and how this might affect China’s energy outlook as well as regional and global balances.policy; the analysis also tracks for the first time the coverage of energy use by efficiency policies around the world and the ways in which product design, recycling and reuse (“material efficiency”) can contribute to energy savings.
The world is moving towards a crucial climate change meeting in Paris in December 2015 (COP21). The negotiations there will be based on national pledges, formally known as Intended Nationally Determined Contributions, with the goal of setting the world on a sustainable path. As energy production and use is responsible for two-thirds of greenhouse-gas emissions, the IEA feels an obligation to make a contribution to COP21 – a contribution which reconciles climate and energy needs. Find out more details and for the free download.
RELEASED ON 12 NOVEMBER 2014
Does growth in North American oil supply herald a new era of abundance - or does turmoil in parts of the Middle East cloud the horizon? How much can energy efficiency close the competitiveness gap caused by differences in regional energy prices? What considerations should shape decision-making in countries using, pursuing or phasing out nuclear power? How close is the world to using up the available carbon budget, which cannot be exceeded if global warming is to be contained? How can sub-Saharan Africa's energy sector help to unlock a better life for its citizens?
Answers to these questions and a host of others are to be found in the pages of World Energy Outlook 2014 (WEO-2014), released on 12 November in London.
Read more about WEO-2014 | Order WEO-2014
Bringing together the latest data and policy developments, the WEO-2014 presents up to date projections of energy trends for the first time through to 2040. Oil, natural gas, coal, renewables and energy efficiency are covered, along with updates on trends in energy-related CO2 emissions, fossil-fuel and renewable energy subsidies, and universal access to modern energy services.
World Energy Outlook 2014 - special early reports:
- World Energy Investment Outlook
- Africa Energy Outlook
The World Energy Outlook is recognised as the most authoritative source of strategic analysis of global energy markets. It is regularly used as input to the development of government policies and business strategies and raises public awareness of the key energy and environmental challenges the world is facing.
15 June 2015, Financial Times London
"Renewable power will overtake coal if climate pledges are kept." The striking finding by the International Energy Agency shows renewable power could soar from just over a fifth of global electricity generation today to nearly a third by 2030 - a bigger share than either coal, gas or nuclear plants. This shows today's energy companies are making a "major fatal error" if they assume climate action is not going to affect their business, Fatih Birol, the IEA chief economist, said.
15 June 2015, The Guardian London
"Paris climate summit must be start of frequent carbon reviews, says IEA." The crunch climate change conference to take place in Paris later this year must be the beginning of a new process of five-yearly meetings, rather than a one-off, the world’s energy watchdog has warned. Fatih Birol, currently chief economist of the International Energy Agency, and its incoming executive director, said: “The pledges in Paris need to be renewed every five years. That is because circumstances change, the costs of technology go down, and so on. We need to take account of that.”
15 June 2015, Reuters London
LONDON - Countries' current pledges for greenhouse gas cuts will fail to achieve a peak in energy-related emissions by 2030 and likely result in a temperature rise of 2.6 degrees Celsius (3.6 degrees Fahrenheit) by the end of the century, the International Energy Agency said on Monday. An international deal to combat climate change is meant to be agreed in December but a meeting in Bonn, Germany, last week ended with little progress toward an agreement to keep average temperature rises within 2C.
15 June 2015, The Washington Post Washington D.C.
The world is off course to prevent two degrees C of warming, says energy agency In a major report to be released Monday, the Paris-based International Energy Agency — which provides independent energy analysis and has 29 member countries, including the United States — will state that current national commitments to cut greenhouse gases are ambitious but still insufficient to keep the world below two degrees Celsius of warming above preindustrial levels. At the same time, the agency will also offer a path forward, showing how the world, with a bit more ambition, could peak its emissions by the year 2020 and get onto a safer path.
Sub-Saharan Africa's energy sector can be improved to unlock a better life for its citizens. 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 sub-region - and shows how investment in the sub-Saharan energy sector can stimulate rapid economic and social development across the region.
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.
13 October 2014. LondonSpeech
3 June 2014. LondonSpeech
12 November 2013. LondonSpeech
2 October 2013. BangkokSpeech