Browse by: "W"
Index
Title Index
Year Index
The World Energy Outlook (WEO) 2008 draws on the experience of another turbulent year in energy markets to provide new energy projections to 2030, region by region and fuel by fuel. It incorporates the latest data and policies. WEO-2008 focuses on two pressing issues facing the energy sector today:
-Prospects for oil and gas production: Through field-by-field analysis of production trends at 800 of the world’s largest oilfields, an assessment of the potential for finding and developing new reserves and a bottom-up analysis of upstream costs and investment, WEO-2008 takes a hard look at future global oil and gas supply.
-Post-2012 climate scenarios: Two different scenarios are assessed, one in which the atmospheric concentration of emissions is stabilised at 550 parts per million (ppm) in CO2 equivalent terms and the second at the still more ambitious level of 450ppm. The implications for energy demand, prices, investment, air pollution and energy security are fully spelled out. This ground-breaking analysis will enable policy makers to distill the key choices as they strive to agree in Copenhagen in 2009 on a post-Kyoto climate framework.
World leaders have pledged to act to change the energy future. Some new policies are in place. But the trends in energy demand, imports, coal use and greenhouse gas emissions to 2030 in this year’s World Energy Outlook are even worse than projected in WEO 2006. China and India are the emerging giants of the world economy. Their unprecedented pace of economic development will require ever more energy, but it will transform living standards for billions. There can be no question of asking them selectively to curb growth so as to solve problems which are global. So how is the transition to be achieved to a more secure, lower-carbon energy system? WEO 2007 provides the answers. With extensive statistics, projections in three scenarios, analysis and advice, it shows China, India and the rest of the world why we need to co-operate to change the energy future and how to do it.
This 2006 edition of IEA's annual World Energy Outlook presents two visions of the energy future. Will it be under-invested, vulnerable and dirty, or clean, clever and competitive? This edition of WEO responds to the remit of the G8 world leaders by mapping a new energy future, contrasting it with where we are now headed. WEO 2006 shows how to change course. It counts the costs and benefits - and the benefits win.
World Energy Outlook 2006 also answers these questions:
- Is the economic reaction to high energy prices merely delayed?
- Is oil and gas investment on track?
- Are the conditions shaping up for a nuclear energy revival?
- Can biofuels erode the oil monopoly in road transport?
- Can 2.5 billion people in developing countries switch to modern energy for cooking?
- Is Brazil learning new lessons or teaching the world?
With extensive statistics, detailed projections, analysis and advice, WEO 2006 equips policy-makers and the public to re-make the energy future.
The International Energy Agency’s World Energy Outlook 2005 answers these challenging questions. In addition to providing updated projections of world energy demand and supply to 2030, it analyses in detail prospects for:
• The Middle East and North Africa’s domestic demand for oil, gas and electricity, including for water desalination.
• The region’s oil and gas resources, plans and potential for production and how much investment will be required.
• Energy-sector developments in Algeria, Egypt, Iran, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, and the United Arab Emirates.
• What would happen if upstream oil investment is delayed.
• What would happen if consuming countries, driven by security concerns, persistent high prices or environmental policies, act to curb demand and develop alternatives.
The producing countries in the Middle East and North Africa can count on growing demand for their oil and gas. Are energy importing countries’ expectations of them realistic?
World energy demand will raise by two-thirds between now and 2030, and the world economy will falter if these energy supplies are not available. How much investment will be required to satisfy this need and can it be financed?
The WEIO 2003 from the IEA answers these questions in a first-ever attempt to quantify global energy investment needs, fuel by fuel and region by region.
The numbers are daunting. The global financial system has the capacity to fund the required investment, but are the conditions right?
The International Energy Agency’s World Energy Outlook has long beenrecognised as theauthoritative source for projections of global trends in energy supply and demand, trade and investment and carbon dioxide emissions. For the first time this year’s Outlook extends its projection horizon to the year 2030. Against the background of the re-emergence of energy security as a global concern, this Outlook highlights the rapidly expanding importance of China as a strategic buyer on world oil and gas markets, the fact that a quarter of the world’s population still lacks modern energy services, the huge investments needed to maintain dependable energy supplies world wide, and the scale of the task facing those countries that are committed to reducing their greenhouse-gas emissions under the Kyoto Protocol.
The recent surge in energy prices is drawing attention once again to the availability and security of energy resources and the prospects for both supply and prices. World Energy Outlook: 2001 Insights – a follow-up to the acclaimed World Energy Outlook 2000 – takes a detailed look at all these issues. It analyses the main factors driving energy production and distribution, including the cost of developing resources and bringing them to market, energy pricing and the impact of government policies.
The study’s central finding is that reserves of oil, gas, coal and uranium are more than adequate to meet projected demand growth at least until 2020. But massive investment in energy production and transportation infrastructure will be needed to exploit these reserves. The capability, and willingness, of Middle East oil producers to exploit their low-cost reserves is a major source of uncertainty. For gas, the cost of supply and the impact of technology will be critical. There is a huge potential for expanding the supply of renewable energies if strong government backing can achieve steep reductions in their cost. Beyond 2020, new technologies such as hydrogen-based fuel cells, clean coal burning and carbon sequestration hold out the prospect of abundant and clean energy supplies in a world largely free of climate-destabilising carbon emissions.
This 2000 edition of the World Energy Outlook presents probable developments from now to the year 2020. It also represents an important methodological advance. The 1998 and earlier editions were based on a "business-as-usual" approach, which projected energy trends in a world where no new policies were enforced to limit climate change. This year’s WEO offers a new "reference scenario", which takes into account those greenhouse gas policies that have been adopted and are now in place in OECD countries. Alternative cases are also presented. These consider the effects of potential climate-change policies for transport and electricity generation sectors. Another important section studies the potential effects of schemes for trading emission permits among developed countries.
This year’s edition of the World Energy Investment provides a full update on the investment picture in 2022 and an initial reading of the emerging picture for 2023.
The report provides a global benchmark for tracking capital flows in the energy sector and examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, efficiency, research and development and energy finance.
It focuses on some important features of the new investment landscape that are already visible, including the policies now in place that reinforce incentives for clean energy spending, the energy security lens through which many investments are now viewed, widespread cost and inflationary pressures, the major boost in revenues that high fuel prices are bringing to traditional suppliers, and burgeoning expectations in many countries that investments will be aligned with solutions to the climate crisis.
This year’s edition of the World Energy Investment report provides a full update on the investment picture in 2021 and full-year estimates of the outlook for 2022. It examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, critical minerals, efficiency and research and development, against a backdrop of uncertainties over how events will play out in 2022, namely the ongoing war in Ukraine, the outlook for the global economy, and in some countries the continuing public health risks from the pandemic.
The report focuses on some important features of the new investment landscape which are already visible, including the energy security lens through which many investments are now viewed, widespread cost pressures, the major boost in revenues that high fuel prices are bringing to traditional suppliers, and burgeoning expectations in many countries that investments will be aligned with solutions to the climate crisis.
This year’s edition of the World Energy Investment report presents the latest data and analysis of how energy investment flows are recovering from the shock of the Covid-19 pandemic, including full-year estimates of the outlook for 2021. It examines how investors are assessing risks and opportunities across all areas of fuel and electricity supply, efficiency and research and development, against a backdrop of a recovery in global energy demand as well as strengthened pledges from governments and the private sector to address climate change.
The report focuses on two key questions:
- Whether the growing momentum among governments and investors to accelerate clean energy transitions is translating into an actual uptick in capital expenditures on clean energy projects.
- Whether the energy investment response to the economic crisis caused by the Covid-19 pandemic will be broad-based or if some sectors, geographies and vulnerable parts of the world’s population will be left behind.
The worldwide economic shock caused by the Covid-19 pandemic is having widespread and often dramatic effects on investments in the energy sector. Based on the latest available data, the International Energy Agency's World Energy Investment 2020 provides a unique and comprehensive perspective on how energy capital flows are being reshaped by the crisis, including full-year estimates for global energy investment in 2020.
Now in its fifth edition, the World Energy Investment report is the annual IEA benchmark analysis of investment and financing across all areas of fuel and electricity supply, efficiency, and research and development. In addition to a full review of the 2019 trends that preceded the crisis, this year’s analysis highlights how companies are now reassessing strategies – and investors repricing risks – in response to today’s profound uncertainties and financial strains.
The energy industry that emerges from this crisis will be significantly different from the one that came before. The vulnerabilities and implications vary among companies, depending on whether they are investing in fossil fuels or low-carbon technologies, as well as across different countries. The new report assesses which areas are most exposed and which are proving to be more resilient. The analysis also provides crucial insights for governments, investors and other stakeholders on new risks to energy security and sustainability, and what can be done to mitigate them.
The International Energy Agency’s annual benchmark for tracking energy investment, World Energy Investment 2019 provides a full picture of today’s capital flows and what they might mean for tomorrow’s energy sector. It assesses whether the frameworks and strategies put in place by governments, the energy industry, and financial institutions are spurring timely investment, and how spending across sectors and technologies matches with the world’s energy security and sustainability needs.
This year’s edition looks at trends in investment and financing in 2018 across all areas of energy supply, efficiency, and research & development, key markets and sectors driving these trends, from electricity in Asia to fuel supply in North America, as well as the sectors and regions where energy capital flows are constrained. The analysis also examines how industry is responding to investment risks and opportunities, including through shorter-cycle oil and gas projects, financial risk management strategies for renewable power, financing models for energy efficiency, and in capital allocation decisions across sectors. And it looks at the implications of today’s trends, such as whether investment is sufficient to satisfy the world’s growing demand for energy, and whether enough capital is going into energy efficiency, renewable energy, and other low-carbon technologies to accelerate the pace of global energy transitions.
World Energy Investment 2018 provides a critical benchmark for decision making by governments, the energy industry, and financial institutions to set policy frameworks, implement business strategies, finance new projects, and develop new technologies. It highlights the ways in which investment decisions taken today are determining how energy supply and demand will unfold tomorrow. The report looks at critical questions that have shaped the energy industry, including:
- Which countries and policies attracted the most energy investment in 2017, and what fuels and technologies are growing fastest?
- Is energy investment sufficient and targeted appropriately to realise the world’s energy transition objectives?
- How are oil and gas companies responding to higher oil prices? Are they changing their strategy decisions in order to ensure adequate supplies while minimising long-term risks?
- How is the business model for US shale evolving? Is the rapid growth of production in 2018 still largely based on continuous overspending or is the industry finally moving towards financial sustainability?
- Are business models and financing approaches supporting a shift in power generation investments towards renewables? How are regulators around the world shaping enabling investments in power system networks and flexibility?
- What policy and market factors drive energy efficiency spending? What new approaches to financing are emerging for efficient goods and services?
- How are the sources of energy finance evolving? What roles are public financial institutions and utilities playing? How are decision makers addressing investment risks in India and other emerging economies?
- What are governments and the energy sector spending on energy research and development? What are the main considerations facing investors in batteries and the electric vehicle value chain; carbon capture, utilisation and storage; and hydrogen?
The second annual IEA benchmark analysis of energy investment – the lifeblood of the global energy system – presents diverse findings, with upbeat news in some quarters and bearish indicators in others.
World Energy Investment 2017 provides a critical foundation for decision making by governments, the energy industry and financial institutions.
With analysis of the past year’s developments across all fuels and all energy technologies, the report reveals the critical issues confronting energy markets and features the emerging themes for 2017 and beyond. It highlights the ways in which investment decisions taken today are determining how energy supply and demand will unfold tomorrow, complementing the forecasts and projections found in other IEA publications.
This year’s edition examines the financial landscape for energy investment and how financing flows are evolving in relation to renewable energy expansion, shorter-cycle oil and gas projects, and innovations in energy efficiency financing.
World Energy Investment 2017 addresses key questions, including:
- Which countries and policies attracted the most energy investment in 2016?
- Investments are growing the fastest in which fuels and technologies?
- How are oil and gas companies reinventing themselves to survive the new technology and price environments in the sector?
- How might energy investment trends affect energy security and climate change mitigation?
- How are business models evolving with the changing availabilities of capital for different energy sources?
- What are governments and the energy sector spending on energy R&D, and who are the biggest spenders?
In this inaugural annual report on energy investments around the world, the International Energy Agency (IEA) looks at the lifeblood of the global energy system: investment. The ability to attract and direct capital flows is vital to transitioning to a low-carbon economy while also maintaining energy security and expanding energy access worldwide. The success or failure of energy policies can be measured by their ability to mobilise investments.
The new report measures in a detailed manner the state of investment in the energy system across technologies, sectors and regions. The analysis takes a comprehensive look at the critical issues confronting investors, policy-makers, and consumers over the past year.
World Energy Investment 2016 addresses key questions, including :
- What was the level of investment in the global energy system in 2015? Which countries attracted the most capital?
- What fuels and technologies received the most investment and which saw the biggest changes?
- How is the low fuel price environment affecting spending in upstream oil and gas, renewables and energy efficiency? What does this mean for energy security?
- Are current investment trends consistent with the transition to a low-carbon energy system?
- How are technological progress, new business models and key policy drivers such as the Paris Climate Agreement reshaping investment?
World Energy Investment 2016As a unique benchmark of current investment trends, serves as a complement to the forecasts and projections found in other IEA publications and provides a critical foundation for decision making by governments and industry.
The second edition of the World Energy Employment (WEE) report tracks the evolutions of the energy workforce from before the pandemic, through the global energy crisis, to today. The report provides a comprehensive stock-take of energy employment with estimates of the size and distribution of the labour force across regions, sectors, and technologies. The dataset provides granularity on workers along the entire energy value chain, covering fossil fuel supply, bioenergy, nuclear, low-emissions hydrogen, power generation, transmission, distribution, and storage; and key energy-related end uses, including vehicle manufacturing and energy efficiency for buildings and industry, among other segments. Additionally, WEE 2023 includes for the first time employment data for the extraction of selected critical minerals, including copper, cobalt, nickel and lithium.
This year’s report also benchmarks energy employment needs against an outlook to 2030 across IEA scenarios, outlining key policies that could help countries cultivate and maintain a skilled energy workforce throughout the energy transition.
WEE 2023 explores in depth the risks of skilled labour shortages and how this may influence the outlook for the industry and includes new analysis on skills, certifications, wages, and job postings. The findings signal that the ongoing shifts in energy employment will continue and can present both opportunities and risks. With the right enabling measures in place, policy makers, energy companies, labour representatives, educational and vocational training institutions, and other key stakeholders can work in concert to avoid labour transition risks while ensuring the transition to cleaner sources of energy remains people-centred.
The inaugural edition of the World Energy Employment Report is – to the best of our knowledge – the first comprehensive inventory of the global energy workforce.
The report presents new estimates of the size and distribution of the labour force, across regions and technologies, and increases the granularity on the number of workers along the entire energy value chain. This includes fossil fuel and bioenergy production; power sector generation, transmission, distribution and storage; and end uses, including vehicles and energy efficiency for buildings and industry. It also details segments of the value chain where these jobs are located, including raw materials, manufacturing, construction, utilities, and wholesale, as well as how many are employed for building new projects versus operating existing energy facilities, which includes those working in operating and maintenance of plants. It also provides estimates for emerging segments for energy, including clean energy innovation.
This mapping can serve as a much-needed foundation for global energy decision makers, and provides important insights about the potential opportunities and impacts to labour markets under different drivers, particularly the transitions to clean energy, as well as shifting or development of supply chain capacities. How these labour markets evolve will be explored in depth by scenarios presented in our World Energy Outlook series.