The united states energy information administration eia in its 2011 international energy outlook projects that the worlds energy consumption will increases by 53% by the 2035 gruenspecht, 2011. Measuring value across different types of energy resources congressional research service summary the u. 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. International energy agency and the organisation of economic cooperation and development. Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil crude plus ngls for several decades, requiring substantial investment. This edition of the ieas flagship weo publication gives the latest energy demand and supply. Eia, international energy outlook 2011 0 10 20 30 40 1990 2000 2008 2015 2025 2035 coal natural gas hydropower nuclear other renewables liquids howard gruenspecht. The outlook for oil demand is uncertain but looks set to play a major role in global energy out to 2040. The 2009 world energy outlook of the international energy. Energy transition initiative this energy snapshot was prepared to support the energy transition initiative, which leverages the experiences of islands, states, and cities that have established a longterm vision for energy transformation and are successfully implementing energy efficiency and renewable energy projects. Iea and oecd publications including the environmental outlook to 2050world energy outlook, the 2011 and the 2010 energy technology perspectives.
Doeeia03832011 april 2011 annual energy outlook 2011. Gross domestic product gdp is expressed in real purchasing power parity ppp terms. Ghanas renewable energy sector master plan has been developed to address the attendant effects of shortterm planning in the overall development of the renewable energy sector, and to provide an investmentfocused framework for the promotion and development of the countrys renewable energy resources for sustainable economic growth, contribute. Energy information administration, annual energy outlook 2012, table 14, unproved technically recoverable resource assumptions by basin, page 57.
Levelized cost of new generation resources in the annual energy outlook 2011, energy information administration, november 2010. Effect on employment of a 1% increase in energy tax 72 figure 3. A perspective to 2040 the 2019 outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. The global energy system based on hydrocarbons is undergoing a foundational shift. Both the energy statistics and energy outlook reports are the products of an adbfunded. Eia, annual energy outlook 20 history 2011 projections2005 carbon dioxide emissions per 2005 dollar of gdp energy use per 2005 dollar of gdp energy use per capita j.
Energy information administration eia of the outlook for international energy markets through 2035. Carbon tax assessment model washington state department of. Bnef research and analysis is accessible via web and mobile platforms. The national energy outlook 2015 is produced by order of the dutch ministry of. World energy outlook 2011 international energy forum. Energy outlook downloads and archive energy economics home. The 2011 home energy improvement credit claim requirements are the same as for 2010 tax credit claims. No member firm has any authority to obligate or bind kpmg international or any other member firm visavis third parties, nor does kpmg international have any such authority to obligate or bind any member firm. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties. Eia, annual energy outlook 2011 0 5 10 15 20 25 2009 low reference high low reference high oil price oil price oil price oil price 2025 2035 52% 4% 34% 10% john j.
No one disputes the need for increased energy supplies. The value of energy tax incentives for different types of. Implementation of the energy efficiency provisions in the energy policy act of 2005 gold and nadel 2011, and the authors acknowledge the contributions of the colleagues mentioned in the acknowledgements of that report. Energy information administration annual energy outlook 2011 iii updated annual energy outlook 2011 reference case april 2011 the aeo2011 reference case included in the final published report released in april 2011 is updated from the reference case that was used in the aeo2011 early release overview december 2010. Renewable energy industry primed for continued growth. Energy and co 2 per dollar of gdp continue to decline. Outlook is only one source among many when considering the future of global energy markets. Impact of reductions and exemptions in energy taxes and levies on german industry june 2011 cpi report page 14 the minimum policy component is the additional energy cost that the company must pay when no tax exemptions or levy reductions apply.
Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2035, based on results from eias national energy modeling system nems. World energy outlook 2011 brings together the latest data, policy developments, and the experience of another year to provide robust analysis and insight into global energy markets, today and. Growth in taxes and incentives for renewable energy start 2004 20 2014. We hope you find the bp energy outlook 2030 a useful addition to the global energy. Electricity market module energy information administration. Energy outlook for asia and the pacific complements energy statistics in asia and the pacific 19902006, which shows historical energy trends and energy balance between 1990 and 2006, and is published under a separate volume.
The carbon tax assessment model is setup for the state of washington, but it can easily be adapted for other states. In addition, this annual publication specificies family benefits paid as cash transfers. Detailed model results through 2035 are available in an interactive table browser along with extensive analysis of energy issues, regulations, and legislation in the complete. Gas prices in the wem scenario follow the assumptions in the world energy outlook 2011 on. Energy efficiency the international energy agency iea has published world energy outlook 2012 weo 2012, which analyzes expected trends in energy consumption, trade, and investment through 2035. Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2035, based on results from eias national energy modeling system. Added a 30percent investment tax credit for fuel cells, with a 2016 expiration date. While the energy mix shifts toward lowercarbonintensive fuels, the world will still need to pursue all economic energy sources to meet demand growth by. Bloomberg new energy finance is a research firm that helps energy professionals generate opportunities. Between now and 2035, research and analysis suggests that. Taxing wages 2011 taxing wages provides unique information on income tax paid by workers and on social security contributions levied upon employees and their employers in oecd countries. The overarching point is that industry already is a significant contributor to the federal treasury more than most sectors. World energy outlook 2011 brings together the latest data, policy developments, and the experience of another year to provide robust analysis.
Global investments in renewable energy increased 17 percent, the first increase since 2011. Primary fossil fuel supply in energy outlook 2011 is lower in the short term than in. Annual energy outlook 2011 contains extensive analysis of. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. Please note that this pdf is subject to specific restrictions that limit. The report is released under the responsibility of the oecd secretarygeneral and the iea executive. Annual energy outlook report open energy information. Impact of reductions and exemptions in energy taxes and. Renewable energy in egypt egypt has embarked on an ambitious project to build the biggest solar photovoltaic plant in the world at benban, aswan.
It should be noted that transforming the energy sector and replacing conventional energy with renewable energy is. Taxes imposed taxes on energy prices to lead to an energy demand reduction. The new energy outlook neo is bloomberg new energy finances annual longterm global forecast for the future of energy. World energy outlook 2011 brings together the latest data, policy. 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. Due to increases in gas prices and taxes, the average household energy bill has. World energy outlook 2011 international energy forum ief. Federal trade policy will likely continue to create headwinds. Extend tax credits for energy efficient equipment to 2025 source.
History and current issues summary historically, u. It explains the impact of todays decisions on tomorrows energy systems, and describes a pathway that enables the world to meet climate, energy access and air quality goals while maintaining a strong focus on the reliability and affordability of energy for a growing. Annual energy outlook 20 history 2011 projections2005 carbon dioxide emissions per 2005 dollar of gdp energy use per 2005 dollar of gdp. Energy research centre of the netherlands ecn, petten 2015. Over the same period, energy consumption rose by 5% in the industrial sector and by 27% in the services sector. Energy efficiency gains reduce consumption 15% from where it would otherwise be. World energy outlook market report series world energy investment special reports country reports policy pathways technology roadmaps energy technology perspectives home. The creation of jobs in the renewable energy sector, investment in new manufacturing capability, and the consequent direct and indirect benefits will support our transition to a green economy. This is rather contained in the 2011 energy efficiency plan and the.
You have access to read the content online, if option available. Annual energy outlook 20 18th annual energy and climate change research seminar. From 2011 to 2015, oil and natural gas income tax expenses as a share of net income before income taxes averaged 37 percent, compared to 25. The supply regions used in the emm were updated for eias annual energy outlook 2020 aeo2020 to account for changes in independent system operator iso and regional transmission organization rto composition and to better represent u.
Eia, international energy outlook 2017 6 32% 31% 15% 15% 12% 3% 10% %400 3% 14% 25% 27% 0 100 200 300 500 600 700 2015 2030 electricity losses electricity consumption biofuel coal natural gas petroleum and other liquids world energy consumption by fuel source quadrillion btu world energy consumption by fuel with electricity separated. Annual energy outlook 2020 energy information administration. World energy outlook 2019 explores these widening fractures in detail. The annual energy outlook 2011 aeo2011, prepared by the u. World energy outlook 2011 brings together the latest data, policy developments, and the experience of another year to provide robust analysis and insight into global energy markets, today and for the next 25 years. Energy matters to everyone and we all play a role in shaping its future. The annual energy outlook 2011 is available on the eia website at. Global trends in rene wable energy investments 2015 4. Energy information administration, annual energy outlook 2012, shale gas provides largest source of growth in u. Energy laws and regulations ghana laws and regulations. Clean energy jobs and economic outlook is to demonstrate how clean energy has driven economic development nationally and within north carolina nc, and to discuss how clean energy could continue to attract businesses, talent and investment to nc. New zealands energy outlook 2011 reference scenario and sensitivity analysis. The value of energy tax incentives for different types of energy resources congressional research service summary the u. The 2019 african economic outlook highlights that macroeconomic stabilization and.
The push towards renewable energy in emerging markets continues to pique the interest of investors, financiers and operators alike. With a team of experts spread across six continents, bnef provides independent analysis and insight, enabling decisionmakers to navigate change in an evolving energy economy. This does not of climate change or the role of energy security. The reference case was updated to incorporate modeling changes and. Also use form 5695 to take any residential energy efficient property credit carryforward from 2009 or to carry the unused portion of the credit to 2011. Energy information administration eia, under the direction of john j. World energy outlook 2010 weo from the international energy agency. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. The outlook anticipates global energy needs will increase 20 percent between today and 2040, led by nonoecd1 countries. The international energy outlook 2010 ieo2010 presents an assessment by the u. Conti, eia conference, april 2627, 2011 natural gas plant liquids other nonpetroleum supply petroleum supply biofuels incl. The reduction percentages in 2009 and 2011 were 9 percent and 10 percent respectively. Today the energy information administration released the full version of its 2011 annual energy outlook aeo. Global oil markets are expected to be relatively balanced in 2018, with some inventory growth expected in 2019, putting modest downward pressure on oil prices.
For many years the outlook has helped inform exxonmobil s longterm business strategies, investment plans and research programs. Solar energy to be cheapest power source in 1 0 years, international business times, february 24, 2015 7. What unlocking the purely economic potential for energy efficiency could do, countrybycountry and sectorbysector, for energy markets, the economy and the environment the iraqi energy sector, examining both its importance in satisfying the countrys own needs and its crucial role in meeting global oil and gas demand the water energy nexus, as water resources become increasingly. Focused on the electricity system, neo combines the expertise of over 65 inhouse country and technologylevel specialists in 11 countries to provide a unique assessment of how the market will evolve. You will see, for example, that our outlook expects global co. Global energy outlook implications of continuing current trends chapter 2. Population, million persons, 19982018 population, annual growth rate %, 2018. The 2011 aeo includes many side cases that provide projections of energy markets under a variety of different assumptions. The annual energy outlook 2011 aeo2011 reference case that is included as part of the complete report released in april, 2011 has been updated from the reference case that was released as part of the aeo2011 early release overview in december, 2010. Bp considers the scenarios in the outlook, together with a range of other analysis and information, when forming its longterm strategy. Oecd ilibrary is the online library of the organisation for economic cooperation and development oecd featuring its books, papers and statistics and is the gateway to oecds analysis and data.
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