Showing posts with label World Energy Outlook. Show all posts
Showing posts with label World Energy Outlook. Show all posts

Thursday, December 29, 2011

Energy outlook 2040


Researchers at ExxonMobil forecast global energy demand at 30% higher than in 2010 due to a combination of factors such as increasing economic output, prosperity and population growth as well as maturing economies, and increasing efficiency, resulting in 60% demand growth within the non-OECD economies. Indian energy demand is forecast to more than double from 28 quadrillion BTUs in 2010 to 61 in 2040, about 9% of global demand.
In their annual energy outlook, "2012 The Outlook for Energy: A View to 2040", they state that electricity generation would account for more than 40% of global energy consumption while demand for coal would peak and then decline gradually and demand for natural gas would rise by more than 60% and unconventional sources of oil and natural gas such as shale formations would form an increasing share of global supply.
They also state that efficiency gains through technologies such as hybrid vehicles and new, high- efficiency natural gas power plants would temper demand growth and curb emissions. and also predict that energy-related carbon dioxide (CO2) emissions would grow slowly, then level off around 2030.

Saturday, November 26, 2011

World Energy Outlook 2011-35




The International Energy Agency assesses the threats and opportunities facing the global energy system based on an analysis of energy and climate trends and state that there is a wide difference between the current government policy commitments and the international goal of limiting the long-term increase in the global mean temperature to 2oC above pre-industrial levels highlighting the critical role of governments to define the objectives and implement the policies necessary to shape our energy future.In its annual World Energy Outlook 2011, it affirms a shift in dynamics of energy markets away from the OECD countries, a 25 year investment of 38 trillion dollars in energy infrastructure with the share of fossil fuels in primary energy consumption declining slightly from 81% in 2010 to 75% in 2035.
It predicts an increasing role for natural gas both from conventional as well as unconventional sources, and a 15% share for non-hydro renewables by 2035. In one of the scenarios, India is projected to be the second largest coal consumer after China and the largest coal importer from the 2020s and coal could be boosted by widespread deployment of more efficient coal-fired power plants and carbon capture and storage (CCS) technologies while Russia’s large energy resources would underpin its continuing role as a cornerstone of the global energy economy over the coming decades.