World Energy Outlook 2006

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This 2006 edition of IEA's annual World Energy Outlook presents two visions of the energy future.  Will it be under-invested, vulnerable and dirty, or clean, clever and competitive?  This edition of WEO responds to the remit of the G8 world leaders by mapping a new energy future, contrasting it with where we are now headed. WEO 2006 shows how to change course. It counts the costs and benefits - and the benefits win.

World Energy Outlook 2006 also answers these questions:

  • Is the economic reaction to high energy prices merely delayed?
  • Is oil and gas investment on track?
  • Are the conditions shaping up for a nuclear energy revival?
  • Can biofuels erode the oil  monopoly in road transport?
  • Can 2.5 billion people in developing countries switch to modern energy for cooking?
  • Is Brazil learning new lessons or teaching the world?

With extensive statistics, detailed projections, analysis and advice, WEO 2006 equips policy-makers and the public to re-make the energy future. 


Oil Market Outlook

International Energy Agency

Primary oil demand grows by 1.3% per year over 2005-2030 in the Reference Scenario, reaching 99 mb/d in 2015 and 116 mb/d in 2030 – up from 84 mb/d in 2005. The pace of demand growth slackens progressively over the projection period. More than 70% of the increase in oil demand comes from developing countries, which see average annual demand growth of 2.5%. Demand in OECD countries rises by only 0.6% per year. The transport sector absorbs most of the increase in global oil demand.


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