energy Russia energy china flag

World Energy Outlook

World Energy Outlook 2016 (To be released on 16 November 2016)

WEO-2016 coverO‌rder online here

The successful outcome of COP21 has raised hopes and expectations of concerted global efforts to tackle climate change. How will this affect the momentum behind the deployment of key renewable technologies and the drive for greater energy efficiency? Ample supply is keeping downward pressure on fossil fuel prices, coal, oil and natural gas. When and how will market dynamics change – or might lower prices for some fuels be here to stay? The impact of local pollution, often energy-related, on air quality is a matter of rising social and political concern in many countries. How can governments act to tackle this problem – and what would these actions mean for the energy sector?

The World Energy Outlook 2016 (WEO-2016) series – including a special report in June and the full Outlook in November – will seek to shed light on these questions and more, all with the customary mix of rigorous quantitative modelling and insightful analysis. The new projections for different scenarios to 2040, based on the latest data and market developments, will cover all fuels, regions and technologies, with a particular focus on the following topical issues:

The impact of COP21: WEO-2016 will track progress with the implementation of the different country climate pledges made in Paris and judge what they mean for long-term energy trends. Based on this assessment, it will examine and present policy options to bridge the gap and reach climate objectives in full.

Major focus on renewables: renewable energy is vital to steer the energy system to the low-carbon future envisioned in the Paris agreement. This analysis will assess the rapid improvement in the competitiveness and economics of renewables, relative to fossil-fuels and other low carbon options, as well as the opportunities and questions that a rising share of renewable energy open up for the energy system as a whole.

The road ahead for fossil fuels: coal, oil and natural gas remain the bedrock of global energy use but all face an uncertain period of adjustment, both to today’s market conditions and – over the longer term – to the prospect of a new policy landscape post-COP21. With lower prices bringing down the axe on many new projects, WEO-2016 will assess the impact on tomorrow’s market balances and the different pathways and risks that lie further ahead.

Mexico’s energy outlook: the comprehensive energy reform package passed in Mexico will have profound effects on the country’s energy sector development. This analysis will evaluate the potential impact of the reforms for Mexico’s upstream as well as its power sector and wider economy, and consider Mexico’s choices within the context of an increasingly integrated North American energy market.

Energy and water: Energy depends on water, and water requires energy. This analysis will build on work done in WEO-2012 and assess current and future freshwater requirements for energy production, highlighting potential vulnerabilities and key stress points. It will include, for the first time, the energy requirements for different processes in the water industry, including wastewater treatment, transport and desalination.

Special report on energy and air quality (to be released in June): Energy-related air pollution leads to millions of premature deaths and costs the global economy trillions of dollars each year. As the world’s population grows and demand for energy services swells, the already high costs of air pollution risk increasing dramatically. This ground-breaking special report will provide new analysis to help decision-makers evaluate different policy paths and to provide clear recommendations for future action.