Africa energy outlook a focus on energy prospects in sub. The world bank is working with india on sweeping energy efficiency measures across residential and industrial sectors that aim to avoid lifetime ghg emissions of 170 million tons of co2 and contribute to avoiding an estimated 10 gw of additional generation capacity. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. The world energy outlook series is a leading source of strategic insight on the future of energy and energy related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices this years edition updates the outlooks for all fuels, technologies and regions, based on the latest market data, policy initiatives and cost trends. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Clean energy for all the revised renewable energy directive at a glance the european commission adopts today a revised renewable energy directive. Pdf on oct 15, 2014, steve sawyer and others published global wind energy outlook 2014 find, read and cite all the research you need on researchgate. The full remap 2030 report, this summary of findings and other supporting material are available for. Renewable energy consumption % of total final energy consumption world bank, sustainable energy for all se4all database from the se4all global tracking framework led jointly by the world bank, international energy agency, and the energy sector management assistance program. Downloads are a mix of pdf, excel, csv and powerpoint documents. The world energy outlook weo report published annually by the iea projects for the decades to come.
This article is part of our renewable energy world januaryfebruary annual outlook issue for 2014, which will be published on february 10, 2014. The oecd remains the main source of renewable power generation 59% of world total in 2018. The 2014 edition of the world energy outlook weo will incorporate all the latest data and developments to produce a comprehensive and authoritative analysis of medium and longerterm energy trends. This represents a 5 to 6fold increase since the 1960s. During the surveyed period, 48 percent of the renewable energy in the arab world. For many years the outlook for energy has helped inform exxonmobil s longterm business strategies, investment plans, and research programs. I think youre going to see extraordinary growth in the u. The global distribution of energy demand changes over the forecast period with energy. Subsaharan africa starts to unlock its vast renewable energy.
Fatih birol, chief economist and director of global energy economics, international energy agency iea. These changes provide the backdrop for the world energy outlook 2017, which includes a full update of energy demand and supply projections to 2040 based on different scenarios. It does not aim to forecast the future, but provides a way of exploring different possible futures. This conclusion holds true regardless of whether you choose the higher conservative or lower death rate for nuclear energy. Iea world energy outlook 2014 sipa center on global energy. World energy outlook market report series world energy investment special reports country reports policy pathways technology roadmaps energy technology perspectives. Each year we make a number of changes to neo as we strive to improve the completeness and complexity of our analysis.
The projections for the future and quality in the past of the world. Japan remained world leader in photovoltaics until 2004, when its capacity amounted to 1,2 megawatts. The issue includes our global directory of suppliers. Asiaworld energy outlook 2014 i asiaworld energy outlook 2014 analysis of lowgrowth scenarios for china and india and the climate change issue foreword he year 2014marks a century since the start of world war i, a threequarter century since the start. Africa energy outlook world energy outlook special report usaid. As part of the transition to a low carbon economy, we are already seeing a remarkable growth in renewable energy technologies, now accounting for about 17% of global energy consumption.
The 2014 edition of the world energy outlook weo will incorporate all the latest data and. This statistic illustrates the share of renewable energy consumption in the arab world in 2014, by country. The international energy agencys iea africa energy outlook a special report in the 2014 world energy outlook series offers a most comprehensive analytical study of energy in africa, specifically in subsaharan africa, the epicentre of the global challenge to overcome energy poverty. Energy outlook downloads and archive energy economics bp. It does not aim to forecast the future, but provides a way of exploring different possible futures, the levers that bring them about and the interactions that arise across a complex energy system. This report has received and continues to receive significant attention and praise due largely to. Oil, natural gas, coal, renewables and energy efficiency will be covered, along with updates on trends in. New energy forms such as shale gas, tight oil, and renewables will account for a significant share of the growth in global supply. Renewable energy is defined as the contribution of renewables to total primary energy supply tpes. For the european union, the fulfilment percentage of the renewable energy directive red6 target coming from biofuels. It is comparable to renewable energy technologies in both cases. The international energy agencys iea world energy outlook 2014 will. This is where the world energy outlook weo comes in. Initiative partnership dialogue facility euei pdf and barefoot college, which trains.
But amid these advances, there are still misconceptions on the positive. A perspective to 2040 the outlook for energy is exxonmobil s view of energy demand and supply through 2040. In 2018, renewable electricity generation rose 7%, with wind and solar pv technologies together accounting for 60% of this increase. The costs of offgrid installation depend on the logistic and battery costs. Iot will have a major impact on businesses and consumers in the future. The paper presents data and results from the world energy outlook weo 2014, published by the international energy agency iea. Renewable energy industry primed for continued growth. The annual energy outlook 2014 aeo2014 was prepared by the u.
In addition there is an unknown amount of heat and electricity consumed offgrid by isolated villages and industries. This outlook assumes that ethanol use in the united states will be limited by the 10% ethanol blend wall5 and that cellulosic ethanol will not be available on a large scale until the last years of the projection period. The annual outlook, weighing in at 700 pages, is one of the most widelyread and universally respected set of energy related forecasts in the world. Energy information administration eia, on the eias latest assessment of longterm global petroleum and other liquid fuels markets in the international energy outlook 2014 ieo2014. Although the share of renewables in global electricity generation reached 26% in 2018, renewable power as a whole still needs to expand significantly to meet the sustainable development scenario share of half of generation by 2030. The provisions are adapting the framework for renewable energy development to the 2030 perspective, provide certainty and predictability to investors and address the potential of renewable. Renewables include the primary energy equivalent of hydro excluding pumped storage, geothermal, solar, wind, tide and wave sources. The need to meet future energy demands, while striving for a low carbon. Nov 25, 2014 the center on global energy policy hosted a discussion of the international energy agencys world energy outlook 2014 weo 2014 with dr. The world energy outlook series is a leading source of strategic insight on the future of energy and energy related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. Sep 22, 2014 the center on global energy policy hosted a discussion with adam sieminski, administrator, u. Germany 20052014 in 2005, germany took the lead from japan. Middle east, nearly 2 mbd of crude oil and oil products are used to.
The solar energy outlook for 2014 renewable energy world. In 2014, the share of world energy consumption for electricity generation by source was coal at 41%, natural gas at 22%, nuclear at 11%, hydro at 16%, other sources solar, wind, geothermal, biomass, etc. The growing role of minerals and metals for a low carbon. World energy outlook 2014 12112014 commissioner arias canete said. Focused on the electricity system, our new energy outlook neo combines the expertise of over 65 market and technology specialists in 12 countries to provide a unique view of how the market will evolve. Outlook for energy the outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. According to clean energy expert jigar shah, one of the most heavily underestimated solar markets in the world today is the united states. Head, renewable energy division international energy agency. World energy outlook series offers a most comprehensive analytical. Moreover, while lowcarbon sources renewables and nuclear may. Within asia, especially india and china lead the world renewable energy generation undergoing a period of energy transition and economic transformation. Primary energy demand, gdp and energy intensity in selected economies, 200017 energy use and intensity trends differ by country and region 60 80 100 120 140 2000 2003 2006 2009 2012 2015 2017 european union. Renewable energy consumption % of total final energy. Global demand for energy is projected to increase by 37 percent by 2040 despite no growth in energy demand from the major developed nations countries of the organization for economic cooperation and development oecd throughout.
Prepared by the international renewable energy agency irena in collaboration with egypts new and renewable energy. World petroleum and other liquids consumption by region in three. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. Mar 12, 2018 this statistic illustrates the share of renewable energy consumption in the arab world in 2014, by country. Pdf versions and powerpoint slide packs of the charts, maps and graphs, plus an excel workbook of the data. Nevertheless, nonoecd growth is larger and accounts for almost 23 of the total increase in renewable energy.
Energy outlook watch the bp energy outlook 2017 video, containing our projections of longterm energy trends to 2035. World energy outlook 2014 climate action european commission. Oecd since 2012 since 2014 since 2016 since 2017 nonoecd not in climatescope. The iea held a highlevel workshop in paris on 1415 april 2014 to gather. World energy outlook 2014 analysis and key findings. Egypt highlights the policy, regulatory, financial and capacitybuildingrelated actions needed to meet and even surpass these targets. Many renewable energy technologies already provide the most costeffective option for delivery of energy services, with innovation and increasing deployment continuing to drive costs down. This research analyzes the role of renewable energies in the energy and electricity production of azerbaijan and discusses the potential of nonfossil energy sources in the country. Energy intensity is improving across major economies, but the rate of change and relationship to energy demand varies. Request permission export citation add to favorites track citation. Economic growth and a rising global population means that renewable energy sources cant keep up with worldwide energy demand, the international energy agency said in its world energy outlook.
The share of renewable power in global power generation reached nearly 8. The global energy landscape is evolving at a rapid pace, reshaping longheld expectations for our energy future. It will complement a full set of energy projections which extend from today. New energy outlook 2019 bloomberg new energy finance. For the first time ever, in april 2019, renewable energy outpaced coal by providing 23 percent of us power generation, compared to coals 20 percent share. Summary of findings international renewable energy agency. Renewable energy outlook and challenges for japan and the world the institute of energy economics, japan. Wind power represents the largest share of growth in renewable. We use the outlook to help inform our longterm business strategies and investment plans. Here we see that hydropower remains the dominant form of modern renewables consumption, accounting for almost 70 percent. Energy information administration s eia annual energy outlook 2020 aeo2020 reference case, u.
Renewable energy outlook and challenges for japan and the. These are some of the insights touted by the international energy agency iea world energy outlook 2015, published this week. Almas heshmati sogang university, jonkoping university and iza jorn altmann temep, seoul national university discussion paper no. Global wind energy outlook 2014 global wind energy council. Global energy demand will keep world burning fossil fuels. The economic challenges in europe will be felt less in the rest of the world.
The projections are accompanied by detailed analyses of their impact on energy industries and investment, as well as implications for energy security and the environment. Both nuclear and renewable energy sources have death rates hundreds of times lower than coal and oil, and are tens to hundreds of times safer than gas. World energy outlook 2018 international energy agency. Iea energy efficiency 2018 and world energy outlook 2018. Additionally, it gives an outlook on possible development scenarios. The international energy agency iea deemed growth and disruptions of the world s power sector so significant to the future of energy, it dedicatedfor the first timea fourchapter. Renewable electricity projections under alternative assumptions in aeo2014. With the introduction of the renewable energy act in 2000, feedin tariffs were adopted as a policy mechanism. Nov 21, 2014 on november 12, 2014, the international energy agency iea released its world energy outlook 2014 with forecasts of world energy supply and demand to the year 2040. Renewable energy market outlook the 5th northeast asia energy security forum ali izadi december 12, 2017. Irenas global renewable energy roadmap, remap 2030.
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