World Energy Outlook 2008

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Is the world facing a supply crunch due to geology or to inadequate investment? What type of post-Kyoto policy framework could stabilise greenhouse gases at low concentration levels? The answers to these burning questions and more are laid out in the World Energy Outlook 2008.

The World Energy Outlook is the world’s most authoritative source of global energy trends. This year’s edition provides a full update of energy projections to 2030, incorporating the latest data and based on improved modelling techniques.
The World Energy Outlook 2008 will also provide in-depth analysis of three hot topics:

Post-2012 climate change policy scenarios
Oil and gas supply prospects
Energy poverty in resource-rich Sub-Saharan African countries

What role could cap-and-trade and sectoral approaches play in a low-carbon energy future? What are the implications of these approaches for energy demand, energy prices, the fuel mix, investment flows, pollution and energy security? The World Energy Outlook 2008 will enable climate policy-makers to distill the key choices as they wrestle with these issues as part of the Bali road map.

The World Energy Outlook 2008 gives a detailed field-by-field analysis of historical production trends and prospects at hundreds of the world’s largest fields. Add a careful review of structural trends in the upstream industry and a thorough bottom-up analysis of upstream costs and investment and the result is a fascinating look at the future for global oil and gas supply.

Continuing a theme of previous editions, the World Energy Outlook 2008 looks at energy poverty in major oil- and gas-producing countries in Sub-Saharan Africa. How much would it cost to expand access to more modern energy to the populations of these countries? Would better management of oil and gas export revenues help?

As preparation for the World Energy Outlook 2008 the WEO team will hold three high-level workshops.

The World Energy Outlook 2008 will be released on 12 November 2008 in London.