Eiaannual energy outlook 2011 21% increase by 2035 unfortunately, business as usual isnt possible. Energy information administration eia arrives at similar conclusions, see eia. Extension of the production tax credit for wind and 30%. Implications of consumer behaviour for robust energy policies. Energy information administration as part of the annual energy outlook the energy information administration collects and maintains information on the costs of many energy technologies. Tax and royalty regime to be used for deepwater projects. Annual energy outlook 2020 energy information administration. Energy trends to 2030 the energy information administration eia, in preparing projections for the annual energy outlook 2006 aeo2006, evaluated a wide range of trends and issues that could have major implications for u. We hope you find the bp energy outlook 2030 a useful addition to the global energy. Potential for higher ethanol blends in finished gasoline 60 paul gallagher, department of economics, iowa state university and james a. It is only by drilling down into the report that we can see what the problems with the forecast really are. 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. Eia forecasts world oil consumption to grow in 2011 and 2012 mainly due to nonoecd countries. International energy outlook 20 with projections to 2040.
In the buildings sector, tax credits for the purchase of energyefficient. Eia s forecast assumes no major action on climate change, extends through the year 2030, and divides nations into two groups, within and outside of the organization for economic cooperation and development oecd. Dec 17, 2010 the annual energy outlook 2011 aeo2011 reference case released yesterday by the us energy information administration eia more than doubles the technically recoverable us shale gas resources assumed in aeo2010 and added new shale oil resources. The annual energy outlook 2011 includes 57 sidesensitivity cases, such as.
The iea oil market report was published in mid april, data from the report can be found here the eias steo was published on may 9, 2017 i assume in the chart above that opec crude output is 32 mbd in the last three quarters of 2017. Annual energy outlook 2012 with projections to 2035, doeeia. Oil and natural gas market outlook and drivers, may 18, 2016 22. Options for the development of liberias energy sector afteg energy sector policy notes series october 2011 africa energy unit afteg sustainable development department africa region the world bank.
The economic costs and benefits of geothermal power. Energy information administration eia, who will release the latest edition of the agencys longterm assessment of world energy markets. Energy information administration, annual energy outlook, annual, 20052012. 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. Energy information administration eia office of energy analysis. The annual energy outlook 2011 aeo2011, prepared by the u. Department of energy washington, dc 20585 this report was prepared by the energy information administration, the independent statistical and analytical agency within the department of energy. Eia short term energy outlook steo and iea oil market. It seems to me that this estimate is misleadingly high. Energy information administration eia statistics show that more than half 55% of u. The eia published international energy outlook 2011 ieo 2011 on september 19, showing energy projections to 2035. The report is released under the responsibility of the oecd secretarygeneral and the iea executive.
Options for the development of liberias energy sector. Eia published an early release version of the aeo2012 reference case in january 2012. David pumphrey senior fellow and codirector the 4th japanu. The annual energy outlook 2012 aeo2012, prepared by the u. Eia, international energy outlook 2003 international energy agency, world energy outlook 2002. International risk governance council 2012 the rebound effect. Potential impact of more stringent lightduty vehicle fuel economy and greenhouse gas emissions standards 2017 to 2025 and for heavyduty trucks high and low world oil price, high and low macroeconomic growth, etc. Wti and brent oil price spread 200412 0 100 200 300 400 500 600 10 5 0 5 10 15 20 25. Final report to the legislature in accordance with act 203. The energy information administration released the full version of its annual energy outlook 2011 aeo2011 report on april 26. Added a 30percent investment tax credit for fuel cells, with a 2016 expiration date.
Energy information administration eia, under the direction of john j. Energy information administration of the outlook for energy markets through 2050. Howard gruenspecht acting administrator and deputy administrator, eia on september 19, 2011, the csis energy and national security program will host the u. Recent oil market trends and the shortterm outlook turning to the outlook through the end of 2012 for oil, gasoline, diesel fuel, and ethanol, i will be relying on eias latest shortterm energy outlook, released march 8, 2011, which is updated each month. Eia iea 0 100 200 300 400 us and canada oecd europe japan developing asia other 2001 2025 world nuclear capacity, 2001 and projected 2025 sources. Inventories are expected to remain relatively high through 2011. Eia 2016 energy explained, your guide to understanding 3. One summary stated, global energy use to jump 53%, largely driven by strong demand from places like india and china. Not surprisingly, with their large populations and growing economies china and india are expected to have the highest growth at four percent per year. Conventional hydro power accounts for approximately 50 percent of all renewable energy eia, 2012k. Eia energy outlook 2011 more than doubles estimates of us. The iea produces free monthly statistics with timely and consistent oil, oil price, natural gas and electricity data for all oecd member countries back to 2000. The world energy outlook series is a leading source of strategic insight on the future.
In november 2009, the world energy outlook released by the iea provides a similar scenario to eias reference case. World energy consumption by region, 19902035 quadrillion btu. The international energy outlook presents an assessment by the u. Energy federal production tax credits supporting solar and wind energy. Eias forecast assumes no major action on climate change, extends through the year 2030, and divides nations into two groups, within and outside of the organization for economic cooperation and development oecd. Fossil fuels still king in eias annual energy outlook 20. World energy outlook 2011brings together the latest data, policy developments. Energy information administrations eia annual energy outlook 2020 aeo2020 reference case, u. Chapter 5 discusses the projections for world electricity marketsincluding. Eia estimates that natural gas working inventories ended february 2011 at 1. Year a west texas intermediate b average regular pump price c onhighway retail d residential average looking ahead, the energy information administration projects the annual price of wti crude will increase from an average. Afs oil and natural gas market outlook and drivers, may 18, 2016 17 select global natural gas and crude oil prices with average monthly lng prices in japan u. The report envisions an increase in overall energy usage that grows year by year, and is 53% higher in 2035 than in 2008. Senate democrats are planning to bring a similar tax repeal bill to a vote.
When including the top five producing states three of which are in the east, 70% of u. Eia releases annual energy outlook 2011 streetwise reports. Liquid fuels consumption by sector, 19902035 million barrels per day. World energy outlook 2019 explores these widening fractures in detail. Figure 3 quarterly average epex spot market prices for electricity, 20002010 in euro per mwh, nominal and real euro 2009 0 10 20 30 40. The annual energy outlook 2011 was prepared by the u. This was followed by tax credits, market reforms and partnerships that provided. Energy trends and impacts in illinois donald fournier university of illinois managing director, sedac. Energy information administration eia, presents longterm projections of energy supply, demand, and prices through 2035, based on results from eia s national energy modeling system nems. Energy information administration eia of the outlook for international energy markets through 2035.
The report forecasts worldwide energy usage from 2008 through 2035 assuming no regulatory limits on burning of fossil fuels. Duffield, usda, office of energy policy and new uses chapter 8. Two of missouris major hydroelectric generation stations are the osage system at the lake of the ozarks and the white system near branson. Nj draft revised energy master plan alternatively fueled. The international energy outlook 2010 ieo2010 presents an assessment by the u. Budget, and climate change executive summary the future of the federal governments involvement in the supply and use of energy is now being vigorously debated as a part of a national conversation about government debt and the appropriate role of government. The trends compared to last years forecast show greater oil and natural gas production, and. Aeo2006 is the first edition of the annual energy outlook aeo. 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 report. Please note that this pdf is subject to specific restrictions.
Choices for japan and the united states october 31, 2012. Figure 45 crude oil reference case price from the annual energy outlook aeo 72. Tn2089 annual energy outlook 2012 with projections to. Eia, international energy outlook 2016 and eia, analysis of the impacts of the clean power plan may 2015 21 world delivered energy consumption by enduse sector. The fuel and vehicle trends report april 29, 2016 1 this report is a summary of the latest fuel prices and other oil industry key statistics. Annual energy outlook 2011 and an update on eia activities nga center for best practices state energy working group february 8, 2011 richard newell, administrator. The 2011 aeo includes many side cases that provide projections of energy markets under a variety of different assumptions. Eia, short term energy outlook and drilling productivity report, may 2016. The chart above assumes world commercial petroleum stocks are 5200 million barrels in dec 2011, days of demand is total stock divided by the current month. Since the outlook was released, japan, the worlds thirdlargest oil consuming economy. The international energy outlook 2011 ieo2011 presents an assessment by the u. Eia published an early release version of the aeo2011 reference case in december 2010.
The annual energy outlook presents an assessment by the u. Between 2011 and 2016, net coal capacity decreased by nearly 60. The energy information administration eia forecasts in its shortterm energy outlook that domestic crude oil production in 2010 will increase by only onefourth of its 2009 increase, and then decline in 2011. Chart data can be accessed by rightclicking the chart in the ppt file. Despite concerns that the levelized cost estimations for the 2014 annual energy. Energy information administration annual energy outlook 2011 projections by eia are not statements of what will happen but of what might happen, given the assumptions and methodologies used for any particular scenario. Energy information agency issued its international energy outlook 2011 on sept. Given the significance of fuel costs to hawaiis economy see gdp chart, and difficulty in. Eias annual energy outlook 2011 aeo2011 in april 2011.
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. The energy information administration released its annual energy outlook 20 reference case forecast this week, extending its forecast period to the year 2040. Annual energy outlook, 2014, with projections to 2040. The potential impacts of pending or proposed legislation, regulations, and. This edition of the ieas flagship weo publication gives the latest energy demand and supply. Forecasters see higher crude oil prices and lower u. Projections in the annual energy outlook 2018aeo2018 are not predictions of what will happen, but. Doeeia03832011 april 2011 annual energy outlook 2011. Doe eia 04842008 international energy outlook 2008 september 2008 energy information administration office of integrated analysis and forecasting u. Eia, annual energy outlook 20 history 2011 projections 28% 19% 30% 12% 11% 24% 35% 17% 14% 10% shares of total u. International energy outlook 2016 with projections to 2040. Eia, international energy outlook 2011 0 50 100 150 200 250 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 liquids including biofuels renewables excluding biofuels natural gas coal nuclear history 2008 projections 34% 28% 23% 10% 5% 29% 27% 23% 7% 14% share of world total howard gruenspecht csis, september 19, 2011. An ieo 2011 summary exhibit shows that world energy consumption will more than double, between 1990 and 2035.
Annual energy outlook 2011 aeo2011, prepared by the u. Energy information administrations international energy outlook 2011 with dr. What impact would deferred investment in mena have on markets. The nation that leads the world in creating a new clean energy economy will. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. Eia annual energy outlook 2011 world energy consumption. Annual energy outlook 2011 energy information administration. The eia is placing too much emphasis on what demand would be, if the price were low enough.
A misleadingly optimistic energy forecast by the eia. Detailed model results through 2035 are available in an interactive table browser along with extensive analysis. Energy efficiency gains reduce consumption 15% from where it would otherwise be. Oct 19, 2010 the energy information administration eia forecasts in its shortterm energy outlook that domestic crude oil production in 2010 will increase by only onefourth of its 2009 increase, and then decline in 2011. World energy projection system plus model documentation. International energy agency iea 2019 key world energy statistics 2019. Their forecast outputs levelized cost for all energy technologies. Nj draft revised energy master plan alternatively fueled vehicle work group chuck feinberg new jersey clean cities coalition. Annual energy outlook 2006 overview national wind watch. Energy information administration eia estimates world electricity use will reach 35.
Energy information administration of the outlook for international energy markets through 2050 pdf ppt note. Energy outlook downloads and archive energy economics bp. Tax incentives for hybrid and electric vehicles in oecd europe, 2010. February 25, 2011 page 10 contrary to popular belief, and what some politicians might say, americas oil companies arent owned just by a small group of insiders.
Open investment environment 80% of the worlds known oil reserves are state controlled or managed by national oil companies. The eias annual energy outlook aeo 2016 reference case most likely scenario in the eias view has 7 mbd of lto output in 2040. Annual energy outlook 2011 contains extensive analysis of. At the end of 2011, global offshore wind power capacity stood at roughly 4,000 mw, with the vast majority located in europe.