energy outlook 2020

Only faster structural changes to the way we produce and consume energy can break the emissions trend for good. The usual long-term modelling horizons are kept but the focus for the World Energy Outlook 2020 is firmly on the next 10 years, exploring in detail the impacts of the Covid-19 pandemic on the energy sector, and the near-term actions that could accelerate clean energy transitions. As the share of renewable energies increases, the question of storage will play an increasingly important role in ensuring grid stability (source: IEA). In the first article, we put the WEO 2020 … Last but not least, the new “Net Zero Emissions by 2050 case” (NZE2050) even surpasses the SDS and describes which changes are necessary in the next 10 years to reach the target of net zero emissions by 2050. At a moment when Covid-19 has created extraordinary uncertainty, governments have unique capacities to act and to guide the actions of others. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Large methane emissions from oil and gas operations detected by satellite in 2020, World Energy Outlook 2020: Frequently Asked Questions, Electricity security in tomorrow’s power systems, Clean Energy Ministerial Hydrogen Initiative, Clean Energy Transitions in Emerging Economies, Global Commission for Urgent Action on Energy Efficiency. Coal demand peaked in 2018 and collapses to 18% of primary energy by mid-century, from 26% today. As explained above, demand for oil fell sharply during the crisis, but could recover after the pandemic and return to pre-crisis levels. This group brings together the best thinkers on energy and climate. 7. BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. Now, more than ever, fundamental efforts to diversify and reform the economies of some major oil and gas exporters look unavoidable. at the Brandenburg University of Technology Cottbus and Sustainable Energy Technology (M. Sc. However, investors are looking with increased scepticism at oil and gas projects due to concerns about financial performance and the compatibility of company strategies with environmental goals. With demand in advanced economies on a declining trend, all of the increase comes from emerging market and developing economies, led by India. This is also shown in Figure 3. Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member. That’s around $64 trillion on power generation and the electricity grid for direct electricity provision, and between $14 trillion and $66 trillion on hydrogen manufacturing, transport and storage. Reports requested by congress or otherwise deemed important. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Contact us, By submitting my information, I agree to the. Hydropower remains the largest renewable source of electricity, but solar is the main driver of growth as it sets new records for deployment each year after 2022, followed by onshore and offshore wind. Nello Stated Policies Scenario, le rinnovabili nel prossimo decennio soddisferanno l’80% della crescita della domanda globale di elettricità. Honours) at the Delft University of... Hydrogen & Offshore Wind, business advisor and trainer. October 16, 2020. Figure 2 : Key indicators for estimated energy demand, CO2-emissions and investment, 2020 relative to 2019 (source: IEA). Exploration and reserves, storage, imports and exports, production, prices, sales. This IEA World Energy Outlook (WEO) examines in detail the effects of the pandemic, and in particular how it affects the prospects for rapid clean energy transitions. I cookie ci aiutano a fornire i nostri servizi. Come renderlo possibile? If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. Thank you for subscribing. In October 2020, the International Energy Agency (IEA) published its annual flagship, the World Energy Outlook (WEO) 2020.

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