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The IEA’s Special Report on Energy and Climate Change

Dan Dorner,  Senior Analyst, International Energy Agency. In advance of the crucial COP21 climate meeting in Paris in December, the IEA  report responds to the key needs of decision-makers by setting out the energy sector implications of known national climate pledges, putting forward a clear, pragmatic strategy to advance climate goals through the energy sector without blunting economic growth, and identifying specific energy sector needs from a COP21 agreement in order to support the successful transition to a low-carbon energy system. The report: Presents a detailed first assessment of the energy sector impact of known and signalled national climate pledges for COP21 Proposes a bridging strategy to deliver a near-term peak in global greenhouse-gas emissions, based on five pragmatic measures that can advance climate goals through the energy sector without blunting economic growth Highlights the urgent need to accelerate the development of emerging technologies that are, ultimately, essential to transforming the global energy system into one that is consistent with the world’s climate goals Recommends four key pillars on which COP21 can build success, from an energy sector perspective To Read more…

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IEA-energy-climate-change-report-Dan-Dorner-250615.pdf 970.69 KB
29th
Jun
2015

Global Gas Production Networks: the role Liquefied Natural Gas in UK Gas Imports

Dr Gavin Bridge, Durham University A global gas market – characterised by significant inter-regional trade and price convergence – has yet to emerge. Gas flows remain stubbornly ‘localised’ as the majority of global gas production is consumed within the country in which it is produced. Around one third of world gas production is internationally traded and most of that gas is transported via the fixed infrastructure of pipelines. Investment in the technology and infrastructure for liquefying natural gas, however, has created new opportunities for moving gas across space, opening up new markets and new sources of supply, and enabling inter-regional gas trade. The production and trade of Liquefied Natural Gas (LNG) has doubled in the last decade, and the geographical flexibility that LNG provides has a key role in shaping an emergent global gas market.   This paper considers the geographical and organisational structure of the LNG industry and its recent evolution.  It illustrates how the growth of LNG trade has transformed the geographical and organisational structure of an industry that first emerged 50 years ago around point-to-point flows into Read more…

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BRIDGE-Global-Gas-Production-Networks-v2.pdf 781.49 KB
17th
Sep
2014

An Integrating Approach to Energy-Climate Security and Policy

Prof Michael Grubb , ULC Professor Michael Grubb is a distinguished economist and academic.  His new book, Planetary Economics, attempts to define “three domains” of sustainable development, and provides new perspectives on a range of energy and economic  issues. This presentation presented some key points from the author’s recent book Planetary Economics and outline implications for energy and climate change policy in the UK and Europe, with a focus on integration of security and economic concerns.   The book argues that stable policy needs to integrate three different domains of economic decision-making, each of which implies different pillars of policy.  Many of the failures and instabilities of energy markets and policies over the past few years can be traced to over-reliance on one or other of these pillars, without understanding their interdependence and interactions.  The presentation explores these interactions, and also their links to both concerns about energy bills, and wider debates in macroeconomics.Prof Grubb  discussed a number of recent events and developments, including events in the Ukraine, EU climate policy, and recent IPCC reports and set these in the context Read more…

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An-Integrating-approach-to-Energy-Climate-security-and-policy-Grubb.pdf 3.25 MB
29th
Jun
2014

BP Statistical Review of World Energy 2014

The Statistical Review provides an objective global overview of energy production, consumption, trade, reserves and prices. During 2013 the world’s energy markets were affected by a weak global economy, an historic increase in US ‘tight’ oil production, and ongoing supply disruptions amid continued geopolitical uncertainty. Technology, policy, and investment have also affected global energy markets. Through the Statistical Review, interactive tools, supporting materials, and our webcasts, we will unlock the story from the data, sparking a frank and valuable discussion about global energy economics. Download Statistical Review report and tables.

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17th
Jun
2014

The IEA’s World Energy Investment Outlook

Questions about the adequacy, sustainability and reliability of the future of the global energy system often boil down to questions about investment.  Will policy create enough opportunities in Europe after a decade of mostly underperforming investments in the power market? Will sufficient financing be available, on suitable terms, for new wind farms to be build? What are the implications of high capital costs of LNG for Europe’s hope to diversify its gas supply? What risks for fossil fuel investments could arise as a result of stronger decarbonisation policies? And will investment be channelled towards areas that address – or exacerbate – the contribution made by the energy sector to climate change? These are some of the questions that are addressed in a special report World Energy Outlook Seriesin the series. In this report the IEA makes a detailed assessment of current flows and future investment needs along the entire energy value chain and  examines financing options and barriers to realisation. Download the World Energy Investment Report Download   Citi Energy Darwinism Report Listen to podcast of the presentation to BIEE Read more…

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World-Energy-Investment-Outlook-Fatih-Birol.pdf 1.48 MB
6th
Jun
2014

BP Energy Outlook 2035

The BP 2035 Energy  outlook  identifies long-term energy trends, building on  the BP  Statistical Review of World Energy, and then develops projections for world energy markets to 2035, taking account of the potential evolution of the world economy, policy, and technology. The Energy Outlook contributes to the wider debate on global energy issues by asking key questions. What will the world’s fuel mix look like in 2035? Where is the growth going to come from? What are the implications for oil and natural gas markets of the US ‘shale revolution’ and can the US experience be replicated elsewhere? Will renewables continue to grow rapidly ?    More information  about  the Energy Outlook  including data tables and the presentation  can be found  on BP’s website

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15th
Jan
2014

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