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A new global energy landscape is emerging, resetting long-held expectations for our energy future. Incorporating these recent developments and world-class analysis, World Energy Outlook 2013 presents a full update of energy projections through to 2035 and insights into what they mean for energy security, climate change, economic development and universal access to modern energy services. Oil, coal, natural gas, renewables and nuclear power are all covered, with more country-level detail than ever before.
- Redrawing the energy-climate map (special report to be released 10 June)
- Energy in Brazil
- Oil supply, demand and trade
- The implications for economic competitiveness of the changing energy map
- The global spread of unconventional gas supply
- The extent of fossil fuel subsidies in the Middle East
- Energy trends in Southeast Asia (special report to be released 23 September)
4 May 2013, The Economist
Markets can misprice risk, as investors in subprime mortgages discovered in 2008. Several recent reports suggest that markets are now overlooking the risk of “unburnable carbon”. The share prices of oil, gas and coal companies depend in part on their reserves. The more fossil fuels a firm has underground, the more valuable its shares. But what if some of those reserves can never be dug up and burned? […] Existing fossil-fuel reserves already contain far more carbon than that. According to the International Energy Agency (IEA), in its “World Energy Outlook”, total proven international reserves contain 2,860GTCO2—almost three times the carbon budget. The report refers to the excess as “unburnable carbon”.
24 April 2013, Anchorage Daily News
In an interview, Fatih Birol, chief economist for the International Energy Agency, predicted that the United States as well as China, Europe, Japan and India would institute rules and standards to increase energy efficiency in vehicles, appliances and industry, but such advances would not be enough to stem significant climate change over the coming decades, which he said would be "deleterious for the planet."
The 2012 edition of the World Energy Outlook was released on 12 November 2012. Drawing on the latest data and policy developments the report presents analytical insights into trends in energy markets and what they mean for energy security, environmental protection and economic development. It sets out updated projections of energy demand, production, trade, investment and carbon-dioxide emissions, broken down by country, fuel and sector, to 2035. Read more about WEO-2012 | Order WEO-2012
The complete WEO-2012 chapter “Measuring progress towards energy for all” has now been published here, together with updated databases, charts and methodology information.
World Energy Outlook 2012 - special early excerpts:
- WEO special report "Iraq Energy Outlook" released on 9 October 2012
- WEO special report "Golden Rules for a Golden Age of Gas" released on 29 May 2012
The IEA Energy Business Council is an executive-level group, with members from a wide variety of companies involved in energy exploration, production and consumption, ranging from commodities companies to automobile manufacturers to wind and solar producers and industry associations. Click here to visit the Energy Business Council website.