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global energy sector

Overview and key findings – World Energy Investment 2023 – Analysis

We estimate that around USD 2.8 trillion will be invested in energy in 2023. More than USD 1.7 trillion is going to clean energy, including renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvements and end-use renewables and electrification.

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Global Energy Perspective 2023: Energy value pools outlook

The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris …

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World Energy Outlook 2022 – Analysis

With the world in the midst of the first global energy crisis – triggered by Russia''s invasion of Ukraine – the World Energy Outlook 2022 (WEO) provides indispensable analysis and insights on the implications of this …

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An updated roadmap to Net Zero Emissions by 2050 – World Energy Outlook 2022 – Analysis

Introduction. In 2021, the IEA published its Net Zero by 2050: A Roadmap for the Global Energy Sector, which sets out a narrow but achievable pathway for the global energy sector to reach net zero emissions by 2050. However, much has changed in the short time since that report was published. The global economy rebounded at record speed in 2021 ...

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Latest Oil, Energy & Metals News, Market Data and Analysis | S&P Global …

Commodity Market Solutions. S&P Global Commodity Insights® provides respected benchmarks, perspectives and solutions for commodity and energy markets, helping customers zoom in on the near term and zoom out for the big picture. By enabling decisions that create sustainable value, we help accelerate progress in the world. Benchmarks & …

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Net zero by 2050: a roadmap for the global energy sector

Net zero by 2050: a roadmap for the global energy sector - A special report by the International Energy Agency Open Publication date 02 Jun 2021 Document type Intersessional documents Author International Energy …

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Renewables – Global Energy Review 2021 – Analysis

Renewable electricity generation in 2021 is set to expand by more than 8% to reach 8 300 TWh, the fastest year-on-year growth since the 1970s. Solar PV and wind are set to contribute two-thirds of renewables growth. China alone should account for almost half of the global increase in renewable electricity in 2021, followed by the United States ...

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Global Energy Perspective 2021

Global Energy Perspective 2021 4 Executive summary Long-term demand impact of COVID-19 is modest 1 After a decade of rapid technological and policy shifts in energy sectors, 2020 has brought unprecedented disruption across the energy landscape. In our

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Net Zero by 2050

Reducing global carbon dioxide (CO. 2. ) emissions to net zero by 2050 is consistent with efforts to limit the long-term increase in average global temperatures to 1.5˚C. This calls for nothing less than a complete transformation of how we …

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The global energy crisis – World Energy Outlook 2022 – Analysis

Rising demand for energy services to 2040 is underpinned by economic growth, which is lower to 2030 than in last year''s Outlook but which averages 2.8% per year through to 2050. The world''s population rises from 7.8 billion people in 2021 to 9.7 billion in 2050, an increase of almost one-quarter. These economic and demographic assumptions ...

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Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach – Analysis

About this report. In May 2021, the IEA published its landmark report Net Zero Emissions by 2050: A Roadmap for the Global Energy Sector. The report set out a narrow but feasible pathway for the global energy sector to contribute to the Paris Agreement''s goal of limiting the rise in global temperatures to 1.5 °C above pre-industrial …

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Global Energy Perspective 2022 | McKinsey

We''re in the midst of an energy transition that continues to evolve. Skip to main content Global Energy Perspective 2022 Share Save We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we ...

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Global Energy Review 2021 – Analysis

The latest statistical data and real-time analysis confirm our initial estimates for 2020 energy demand and CO2 emissions while providing insights into how …

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Global Energy Perspective 2023 | McKinsey

The Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1.5 pathway, as well as four …

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WORLD ENERGY ISSUES MONITOR 2024

Following the conclusion of COP28 in the United Arab Emirates, this edition of the World Energy Issues Survey captures the perspectives of nearly 1,800 energy leaders across …

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Energy

Energy. The world lacks a safe, low-carbon, and cheap large-scale energy infrastructure. Until we scale up such an energy infrastructure, the world will continue to face two energy problems: hundreds of millions of people …

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Global Energy Perspective 2023: Power outlook | McKinsey

The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris …

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Electricity – Global Energy Review 2021 – Analysis

Electricity demand is expected to increase by 4.5% in 2021, supported by rebounding economic activity and rapid growth in major emerging economies such as China. In …

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Final consumption – Key World Energy Statistics 2021 – Analysis

Key World Energy Statistics 2021 - Analysis and key findings. A report by the International Energy Agency.

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Executive summary – Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach – Analysis

Global carbon dioxide (CO 2) emissions from the energy sector reached a new record high of 37 billion tonnes (Gt) in 2022, 1% above their pre-pandemic level, but are set to peak this decade. The speed of the roll-out of key clean energy technologies means that the IEA now projects that demand for coal, oil and natural gas will all peak this decade even without …

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Energy Overview: Development news, research, data | World Bank

The global energy sector accounted for approximately 40% of methane emissions in 2021. Methane emissions from venting, leaks, and flaring in the oil and gas sector are currently estimated to be responsible for …

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Global Energy Crisis – Topics

Energy saving tips. English. World Energy Outlook 2022 shows the global energy crisis can be a historic turning point. 7 Ways to Save Energy Amid the Global Energy Crisis. Explore analysis, reports, …

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World Energy Outlook 2023 – Analysis

The World Energy Outlook 2023 provides in-depth analysis and strategic insights into every aspect of the global energy system. Against a backdrop of …

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A new energy economy is emerging – World Energy Outlook 2021 – Analysis

Since 2016, global investment in the power sector has consistently been higher than in oil and gas supply. The faster that clean energy transitions proceed, the wider this gap becomes, and as a result electricity becomes the central arena for …

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Industry

Electricity. Heat. Bioenergy. Hydrogen. Solar thermal and geothermal. The industrial sector accounted for 37% (166 EJ) of global energy use in 2022, compared to 34% in 2002. Growth in energy consumption over the past decade has been driven largely by continued rising production in energy-intensive industry subsectors.

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Global Energy Perspective 2023: Energy value pools outlook

The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1.5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios. These energy transition scenarios examine outcomes ranging from warming of 1.6°C to 2.9°C by 2100 (scenario descriptions …

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Global Electricity Review 2023 | Ember

The global electricity sector is the first sector that needs to be decarbonised, in parallel with electricity demand rising, as electrification unlocks emissions cuts throughout the entire economy. The IEA Net Zero Emissions scenario points to a 2040 net zero power sector; ten years ahead of a net zero economy in 2050. ...

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Net Zero by 2050: A Roadmap for the Global Energy Sector

In line with an official request by the COP26 Presidency, the IEA is developing a new special report providing the first comprehensive energy-sector pathway towards global net-zero emissions by 2050. The IEA special report assesses the policy requirements, the deployment and innovation needs, the necessary investments, the economic benefits and ...

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Executive summary – World Energy Outlook 2023 – Analysis

Executive summary. The energy world remains fragile but has effective ways to improve energy security and tackle emissions. Some of the immediate pressures from the global …

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Global energy industry

The global energy industry is responsible for providing many of our basic needs - electricity for lights to see at night, heat that keeps our homes warm, and the fuel that powers our...

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Key World Energy Statistics 2021 – Analysis

About this report. IEA Key World Energy Statistics (KWES) is an introduction to energy statistics, providing top-level numbers across the energy mix, from supply and demand, to prices and research budgets, including outlooks, energy indicators and definitions. KWES is part of the IEA''s annual edition of the world''s most comprehensive series ...

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Electricity

Global investment in the electricity sector by technology, 2000-2023 Open Electricity sector investment grew by 12% in 2022, exceeding USD 1 trillion for the first time. Investment is projected to increase further to USD 1.2 trillion in 2023, with more than USD 1 ...

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Progress in the clean energy transition – Net Zero Roadmap: A Global …

In the two years since then, the energy sector has undergone major shifts. Energy sector CO 2 emissions remain worryingly high, reaching a new record of 37 gigatonnes (Gt) in 2022. Instead of starting to fall as envisaged in the 2021 report, demand for fossil fuels has increased – spurred by the energy crisis of 2022 after Russia''s invasion of Ukraine – and …

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Outlook

However, the decarbonisation of the energy sector requires urgent action on a global scale to accelerate the global energy transition and realise both national and regional commitments. IRENA''s World energy transitions outlook charts an evolving pathway to achieving a climate-safe future in line with the goals of the Paris Agreement.

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World Energy Investment 2024 – Analysis

This year''s edition of the World Energy Investment provides a full update on the investment picture in 2023 and an initial reading of the emerging picture for 2024. The report provides a global benchmark for tracking capital flows in the energy sector and examines how investors are assessing risks and opportunities across all areas of fuel ...

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Global energy-related CO2 emissions by sector in 2020 and 2050 – Charts – Data & Statistics

Industry. Power sector inputs. Transport. Other. Notes. STEPS = Stated Policies Scenario. SDS = Sustainable Development Scenario. NZE = Net Zero Emissions by 2050 Scenario. Global energy-related CO2 emissions by sector in 2020 and 2050 - Chart and data by the International Energy Agency.

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Overview – World Energy Employment – Analysis

In the Middle East and Eurasia, the energy workforce makes up a relatively high share of economy-wide employment, averaging 3.6%. North America has 7.9 million workers in energy, equivalent to 3.4% of total employment; Europe has 7.5 million workers in energy, or 2.4% of total employment. These jobs span the energy value chain and are captured ...

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Global energy sector capex poised for a strong rebound

Global energy sector spend is forecast for 18% growth in 2021-2025 compared to the previous five-year period. Fossil fuel capex is projected to garner the most spend totaling $2.2 trillion in 2021-2025. Total upstream spending is expected to be 21% higher than transmission and distribution and outpace renewable spending by 36% in …

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Executive summary – World Energy Investment 2021 – Analysis

In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production. Prospects for investment have improved ...

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Global Electricity Review 2022 | Ember

The electricity sector shoulders the biggest burden on the pathway to keeping global heating to no more than 1.5 degrees. In May 2021, the International Energy Agency (IEA) published its monumental Net Zero by 2050 report, which shows the electricity sector needs to move from being the highest emitting sector in 2020, to …

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