World Energy Outlook 2011
November 14, 2011
Global installed power generation capacity and additions by technology in the New Policies Scenario (credit: IEA)
Without a bold change of policy direction, the world will lock itself into an insecure, inefficient and high-carbon energy system, the International Energy Agency warned in the 2011 edition of the World Energy Outlook (WEO).
- The average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035.
- Oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies.
- With oil production declining in all existing fields, an increasing share of liquid fuels will come from natural gas liquids and oil sands, with Russia’s role as a supplier of natural gas more pivotal.
- In the WEO’s central New Policies Scenario, which assumes that recent government commitments are implemented in a cautious manner, primary energy demand increases by one-third between 2010 and 2035, with 90% of the growth in non-OECD economies.
Comments (9)
by RedQ
It would be fun to compare their projections from 10 years ago to those of today. Did they predict green fuels at zero today? They pretty much will be zero in 10 years.
A biased, baloney report from a biased, baloney group.
by Jotto
The increase of coal concerns me. It’s a pretty terrible health problem.
by Robecology
Those who are looking to make money with alternative energy only need to look at all the start-up wind and solar companies out there. There’s plenty of ops of a long term (10+) investment killing out there. Talk about getting info ahead of time; this graph says it all! If you have $1K or more, do your HW and invest it in alternative energy…and write down who said this; you will thank me 10 years from now…
by Robecology
Coal has to get a LOT cleaner, and Gas has to be obtained without “Fracturing” or “Fracking” chemicals; or we will see a crash in population soon. Where’s the explosion in NATURAL natural gas, ie gas from manure? We sure do make enough of it!
by Singme
Don’t worry, energy experts say solar will start to solve all our problems in 10 years or so.
by melajara
This is utmost anti singularitarian and anticlimatix as a prospect.
I don’t want to live in such a grim and dull world.
It is about time to call for a total renovation of what didn’t change for more than 2500 years, POLITICS!
Politics as it is practiced nowadays in our age of globalism and tangled economics is so obsolete, inefficient, unproductive, it is even globally suicidal.
And don’t speak about so called “democracy”. We have now a general PLUTOCRACY with uneducated and arrogant fellows (e.g. (Bush, Berlusconi, Sarkozy) promoting their selfish interests or those of the (wealthy) factions that made their election possible instead of having people servicing the interests of the common wealth (Res publica).
We need a virtuous TIMOCRACY, strong penalties against corruption, dismantling of the pervasive lobbies and true accountability of the representatives, and we need all of this ASAP!
by Robecology
Nice idealistic talk…now get real and tell us who’s more likely to promote energy change, Obama or Romney – you know those are the only two that will be in the running a year from now…unless you’re interested.
by Khannea Suntzu
Wow.
That increase in coal is far beyond globally suicidal.
by Robecology
Coal knows it has to be a LOT cleaner to be accepted and widely used. As it is, just getting to it is devastating to the planet….everyone knows “clean coal” is a joke…so you can expect much improvement if we are to continue with its’ use. Maybe coals’ use will be the kick in the pants we need to go alternative (solar-wind).