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.
23 October 2014, Financial Times
Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost.
22 October 2014, Petroleum Economist
Sub-Saharan Africa will need $3 trillion of investment in new energy infrastructure by 2030 if the region is to raise hundreds of millions out of poverty and sustain economic growth, a new report by the International Energy Agency (IEA) said. In the IEA's Africa Energy Outlook published on 13 October, the agency said spending on energy and infrastructure in sub-Saharan Africa would need to be doubled to $110 billion per year to give millions of Africans access to affordable electricity.
15 October 2014, Foreign Policy
The International Energy Agency in its recent Africa Energy Outlook report noted that just the first phase of Mozambique's natural gas plans will require investment greater than the country's entire GDP, which is about $14.5 billion. Realizing the country's full potential would cost four times the country's GDP, according to a report published by the Oxford Institute for Energy Studies. Economic concerns alone make Mozambique's gas plans "highly speculative," the report concluded.
(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 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:
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:
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