Commentary & Analysis

April 10, 2017 | The World Energy Outlook 2016 presented by the International Energy Agency provides in-depth analysis along various energy scenarios. The IEA forecasts energy demand to grow by 30% to 2040, where renewables see the fastest growth in total. Among fossil fuels, natural gas grows the strongest and sees a 50% increase in consumption relative to today’s consumption levels. In Europe the situation is characterised by decreasing domestic production. Still, the IEA predicts that the role of natural gas will grow even more relevant.
Find the link to the full report here.