8.1 Global energy market
The future of energy is uncertain. Economic development, demand, availability and cost of resources, technology changes, competition between different fuels, development of complementary energy carriers in a complex energy system, energy and climate policies, geopolitics and regional politics in key regions, consumption patterns and consumer choice are examples of factors that will determine and shape the future of energy markets. How these factors will ultimately play out and interact in the global energy business is very uncertain and impossible to predict with any degree of certainty. For some elements of the global energy landscape, history and recent developments give guidance on the likely future development.
(Source : http://www.statoil.com/no/NewsAndMedia/News/2016/Downloads/Energy%20Perspectives%202016.pdf
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Recommended articles or reports:
- A list of the top 100 influencers and brands within Renewable energy
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REN21 - Renewables 2016 Global Status Report
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REN21, the Renewable Energy Policy Network for the 21st Century, is a global renewable energy energy multi-stakeholder policy network that provides international leadership for the rapid transition to renewable energy.
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Statoil - Energy Perspectives 2016 long-term macro and market outlook
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The analytical basis for this outlook is long-term research on macroeconomics and energy markets undertaken throughout the Statoil organization during the winter of 2015 and the spring of 2016.
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International Energy Agency (IEA) - World Energy Outlook 2015 (executive summary)
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The IEA is a Paris-based autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on statistics about the international oil market and other energy sectors. Full report Links to an external site. is also available.
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WWF's Norway - Five percent renewable energy investments in a two degrees world
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What would be the theoretical impact if three large investors were to invest 5 percent of their total holdings directly in renewable energy infrastructure?
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UNEP and Bloomberg New Energy Finance (BNEF) - Global Trends in Renewable Energy Investment 2016
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All investments in renewables totalled $286 billion in 2015, some 3% higher than the previous record in 2011. Coal and gas-fired electricity generation drew less than half the record investment made in solar, wind and other renewables capacity.
- British Petroleum (BP) - Energy Outlook to 2035 - 2016 edition
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The European Wind Energy Association (EWEA) - Aiming High, Rewarding Ambition in Wind Energy
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Wind energy already plays a significant role in the European power sector. In 2014, the wind industry installed 11,791 MW in the EU – more than gas and coal combined. Today wind energy can meet 10.2% of Europe’s electricity demand with a cumulative capacity of 128.8 GW at the end of 2014.
- EWEA - Wind Energy Scenarios for 2030
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Recent regulatory and economic developments in the EU have significantly changed the wind energy perspective for the next 15 years. In light of uncertain governance towards achieving EU climate and energy binding targets, EWEA updated the European wind energy industry’s vision to 2030. - The International Renewable Energy Agency (IRENA) - Renewable Energy Statistics 2016
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The 2016 Renewable Energy Statistics Yearbook shows data sets on renewable power-generation capacity for 2006-2015, renewable power generation for 2006-2014 and renewable energy balances for 100 countries and areas for 2013 and 2014. Further, it features statistics on investments in renewable energies from 18 major multi-lateral, bilateral and national development financial institutions presented for the period 2009-2014. A summary of recent developments in renewable energy in the region can be found here Links to an external site.. - SolarPower Europe - Global Market Outlook 2016-2020
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A five-year highly detailed market forecast covers the various regional global solar power epicenters and their relevance in the respective power markets. It provides an outlook on how the global solar power market is expected to evolve in the coming years and which are the emerging technology trends. With comprehensive historical market data, five-year forecasts for the main global markets, as well as an analysis of the role that solar is playing in the European energy system - Nordic Energy Research & IEA - Nordic Energy Technology Perspectives 2016
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The Nordic edition of the IEA's global Energy Technology Perspectives 2016, offering detailed scenario-based analysis of how the Nordic countries can achieve a near carbon-neutral energy system in 2050 - WWF - 15 Signals: Evidence The Energy Transition is Underway
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A new report from WWF highlights important signs that an unstoppable global energy transition is underway. The report notes that the recently agreed Paris Agreement on climate change draws a line in the sand for the transformation of the world’s energy system into a clean and sustainable form.