The IEA's flagship World Energy Outlook , published every year, is the most authoritative global source of energy analysis and projections. It identifies and explores the biggest trends in energy demand and supply, as well as what they mean for energy security, emissions and economic development.
This year’s Outlook comes against a backdrop of escalating risks in the Middle East and heightened geopolitical tensions globally, and explores a range of energy security issues that decision makers face as they proceed with clean energy transitions. With rising investment of clean technologies and rapid growth in electricity demand, the WEO 2024 examines how far the world has come on its journey towards a safer and more sustainable energy system, and what more needs to be done to reach its climate goals.
Reflecting today’s uncertainties, our three main scenarios are complemented with sensitivity cases for renewables, electric mobility, liquefied natural gas and how heatwaves, efficiency policies and the rise of artificial intelligence might affect the outlook for electricity.
Organizations mentioned
- Pages
- 12
- Published in
- France
Files
Table of Contents
- Geopolitical tensions and fragmentation are major risks for energy security and for coordinated action on reducing emissions 3
- Robust independent analysis and data-driven insights are vital to navigate todays energy uncertainties 3
- Geopolitical risks abound but underlying market balances are easing setting the stage for intense competition between different fuels and technologies 4
- How fast will clean energy transitions unfold 4
- Clean energy momentum remains strong enough to bring a peak in demand for each of the fossil fuels by 2030 5
- The world has the need and the capacity to go much faster 5
- Demand for electricity is taking off but how high will it go 5
- The rise of electric mobility led by China is wrong-footing oil producers 6
- Who will ride the wave of new LNG 6
- Lower fuel prices ease concerns about affordability and industrial competitiveness in fuel-importing economies 7
- A sustainable energy system needs to be people-centred and resilient 7
- Choices and consequences 8