Tag: IEA

According to IEA global coal demand is expected to increase for the second year in a row in 2018, and remain stable over the next five years as declines in Europe and North America are offset by strong increase in India and Southeast Asia.

The world’s advanced economies will see a rise in their carbon dioxide emissions in 2018, overturning a five year-long decline, IEA reported. Namely, CO2 emissions in North America, the European Union and other advanced economies in Asia Pacific will rise by about 0.5% in 2018.

With less than three weeks of liquid fuel reserves, Australia risks grinding to a halt following a global economic shock or conflict along a major trade route, but a new report by the MUA outlines a potential solution that would cost consumers less than a cent per litre. The report examines policy changes that have caused fuel supplies to fall to just a quarter of the IEA’s fuel stockholding obligation.

IEA published its annual long-term energy outlook, describing the developments in oil demand and supply through to 2040. In the New Policies Scenario, the agency considers not only the current policies but also ambitions, including those set out in Paris agreement, along with possible evolution of current technologies.

IEA published the World Energy Outlook 2018, which includes global energy trends and their possible impacts on supply and demand, carbon emissions, air pollution, and energy access. With today's policies, WEO's New Policies Scenario says that energy demand will rise by more than 25% to 2040.

According to a new report by IEA, major oil and gas exporters have experienced many disruptions recently, but a new commitment to reform and economic diversification will be crucial to deal with with the changing dynamics of global energy. The new dynamics include increased production from new sources such as shale, uncertainties over the pace of oil demand growth and deployment of new energy technologies.

According to IEA's third annual Global Gas Security Review, despite the improvements in LNG flexibility, uncertainties remain for the future evolution of gas markets. This includes a risk of insufficient investment in production and infrastructure capacity, or questions regarding future shipping capacity growth.

A world wide attempt to use the right energy efficiency policies could lead greenhouse gas emissions to peak quickly and then decrease. This could happen even as the global economy doubles between now and 2040, IEA’s Energy Efficiency 2018 report. The study shows that right efficiency policies could deliver a 40% reduction of emissions.

According to IEA, global oil demand and supply are close to historically significant peaks at 100 mb/d, and neither show signs of ceasing to grow. Production has increased, driven by the US shale revolution, and supported by big increases in Brazil, Canada and elsewhere.

IEA published the report 'The Future of Petrochemicals' last week in which it analyses the industry. According to IEA, the industry will grow significantly over the next years, with plastics being its main constituent. This could double the amount of plastics in the sea by 2030.