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:
12 December 2013, Forbes
The International Energy Agency’s World Energy Outlook 2013 highlighted the danger – current energy consumption puts the world on course for an increase in average temperatures of 3.6°C, far in excess of the 2°C the international community is aiming for. To have any hope of meeting the 2°C, we need to leave two thirds of current fossil fuel reserves underground, the IEA says.
9 December 2013, Huffington Post
The just-published "World Energy Outlook 2013" by the Paris-based International Energy Agency provides us with an authoritative assessment of trends and systemically significant developments in global energy. They serve as the basis for projections of where we will be in 2035 that are presented in three scenarios. Their forecasts highlight noteworthy changes in current patterns of supply and demand. Yet, the report envisages a relatively high degree of stability in aggregate balances and, therefore, in prices even as the mix of sources of energy undergoes a significant shift as does shares of demand among regions.
9 December 2013, Arstechnica
In the morning session, the person at the International Energy Agency who produces its World Energy Outlook reports, Fatih Birol, gave an overview of the global energy economy. If there were any theme to the discussion, it was that the things you thought you knew simply aren’t true anymore. Or, as Birol put it, former importing countries are becoming major energy exporters.
The 2012 edition of the World Energy Outlook was released on 12 November 2012. Drawing on the latest data and policy developments the report presents analytical insights into trends in energy markets and what they mean for energy security, environmental protection and economic development. It sets out updated projections of energy demand, production, trade, investment and carbon-dioxide emissions, broken down by country, fuel and sector, to 2035. Read more about WEO-2012 | Order WEO-2012
The complete WEO-2012 chapter “Measuring progress towards energy for all” has now been published here, together with updated databases, charts and methodology information.
World Energy Outlook 2012 - special early excerpts:
- WEO special report "Iraq Energy Outlook" released on 9 October 2012
- WEO special report "Golden Rules for a Golden Age of Gas" released on 29 May 2012
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.