The annual ''World Energy Outlook'' (''WEO'') is the

International Energy Agency The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organization, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 associatio ...

's (IEA) flagship publication on global

energy Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...

projections and analysis.IEA (2022), World Energy Outlook 2022, IEA, Paris https://www.iea.org/reports/world-energy-outlook-2022, License: CC BY 4.0 (report); CC BY NC SA 4.0 (Annex A) It contains medium to long-term

energy market An energy market is a type of commodity market on which electricity, heat, and fuel products are traded. Natural gas and electricity are examples of products traded on an energy market. Other energy commodities include: oil, coal, carbon emission ...

projections, extensive

statistics Statistics (from German language, German: ', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a s ...

analysis Analysis (: analyses) is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (38 ...

and advice for both

government A government is the system or group of people governing an organized community, generally a State (polity), state. In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...

s and the energy business regarding energy security, environmental protection and economic development. The first WEO was published in 1977 and it has been an annual publication since 1998. The World Energy Outlook uses three scenarios to examine future energy trends. The Net Zero Emissions by 2050 Scenario is normative, in that it is designed to achieve specific outcomes – an emissions trajectory consistent with keeping the temperature rise in 2100 below 1.5 °C (with a 50% probability), universal access to modern energy services and major improvements in air quality – and shows a pathway to reach it. The Announced Pledges Scenario, and the Stated Policies Scenario are exploratory, in that they define a set of starting conditions, such as policies and targets, and then see where they lead based on model representations of energy systems, including market dynamics and technological progress. The scenarios are not predictions but enable

policy-makers Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an orga ...

and other readers to compare different possible versions of the future and the levers and actions that produce them, with the aim of stimulating insights about the future of global energy. Since 1993, the IEA has provided medium- to long-term energy projections using a continually-evolving set of modelling tools. In 2021, the IEA adopted the Global Energy and Climate Model to develop the world's first comprehensive study of how to transition to an energy system at net zero CO₂ emissions by 2050. This model is now the principal tool used to generate detailed sector-by-sector and region-by-region long-term scenarios for the World Energy Outlook and other IEA publications.

''World Energy Outlook'' ''Reports by Year''

References

External links

* {{Official website
The International Energy Agency

Articles on energy in the OECD Observer

Interview with Fatih Birol, IEA chief economist Energy policy Energy economics International Energy Agency

''World Energy Outlook'' ''Reports by Year''

See also

References

External links