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World Energy Outlook

12 November 2014, L'Echo Republicain

The world will consume much more energy in 2040, but the growth in demand will settle as a result of higher prices and greater energy efficiency, in a context of increased concern over oil supply, predicted Wednesday the International Energy Agency. Total world consumption of crude is expected to reach 104 million barrels per day in 2040. This is an additional 14 mbd to 2013, but here too, "high prices and new policies gradually slow the pace of growth of aggregate consumption, reducing it to a plateau level. " Energy efficiency, which is reflected in particular by more fuel efficient vehicles, will cut the growth in global demand of about 23 mbd, more than the current production of Saudi Arabia and Russia, says the IEA.

12 November 2014, BFM Business

The world will consume much more energy in 2040. That's the prognosis made by the International Energy Agency, Wednesday, Nov. 12. "The global demand for energy will increase by 37% by 2040 in our central scenario, but the population and economic growth will be less energy intensive than before," said the IEA in its big annual prospective study. The trend is similar for oil. "For every barrel of oil that is not consumed in the OECD, two new barrels are used in non-member countries of the Organisation for Economic Co-operation and Development”, says energy agency of developed countries.

12 November 2014, L'Express

"Global demand for energy will increase by 37% by 2040 in our central scenario, but the population and economic growth will be less energy intensive than before," said the IEA in its big annual prospective study. The agency, based in Paris, attributed this to rising prices and energy efficiency measures, but also “structural change in the global economy towards services and lighter industry." Demand will be driven by emerging markets, particularly in Asia and Africa.

12 November 2014, Le Figaro

Policies in place to reduce CO2 emissions are insufficient to limit global warming to 2 degrees, warned Wednesday the International Energy Agency (IEA), which confirms its forecast of an increase in long-term temperatures to 3.6 degrees and calls for urgent action. While reducing emissions of greenhouse involves the use of low-carbon sources, as renewable energy sources, fossil fuel subsidies have reached $ 550 billion in 2013, four times more than in favour of renewables, such as solar and wind power, the IEA pointed.

12 November 2014, Liberation

The world will consume much more energy in 2040, but the growth in demand will settle as a result of higher prices and greater energy efficiency, in a context of increased concern over oil supply, predicted Wednesday the International Energy Agency. The geography of demand will also move with the economic development of emerging countries. Consumption will stagnate in most European countries, Japan, South Korea and North America, while it will increase in the rest of Asia - which will represent 60% of global demand - Sub-Saharan Africa, the Middle East and Latin America.

12 November 2014, Le Monde

Emissions of greenhouse gases will continue to rise, and the temperature on earth will increase by an average of 3.6 degrees by the end of the century. A catastrophic scenario. Rising temperatures considered are indeed much higher than the international target of limiting global warming to 2 degrees. Above this threshold, extreme weather events are likely to increase, and sea level rise threatens to dangerously. "This target of 2 degrees requires urgent action to bring the energy system on a more secure path," write the IEA experts. An alert message, while international negotiations on climate change are underway in the hope of reaching an agreement at the UN conference in Paris in December 2015.

12 November 2014, The Guardian

The International Energy Agency has warned that the current slump in oil prices will hold back investment and could create shortages in the future as overall energy demand is forecast to grow by 37% in the next 25 years.

12 November 2014, Nikkei

Nuclear capacity grows by 60% to 324 GW in 2040 from 392 GW in 2013, led by emerging economies such as China and India. 200 reactors (mainly in developed countries) out of the 434 operational at the end of 2013 are retired in the projection period and the cost of decommission is estimated at more than $100 billion. Capacity of 380 GW is newly built and 148 GW is retired. The growth is concentrated in emerging economies and China alone increases by 100GW. The nuclear’s share in the world power increases to 12% in 2040, only 1 percentage point up from today.

12 November 2014, Die Welt

Energy Agency warns about risk on the world market. In its annual report the International Energy Agency calls not to underestimate the risks for the global energy supply. Falling oil prices threaten urgently necessary investments.

12 November 2014, Bloomberg

Nuclear power is needed to help reduce global fossil-fuel emissions that are set to reach limits advocated by scientists by 2040, according to the International Energy Agency.