EnerOutlook 2018

EnerOutlook is a free online interactive data software, allowing to browse data through intuitive maps and graphs, for a visual analysis of the expected long-term trends in the energy industry.
These can be viewed globally and by world region. The interface provides robust forecasts on energy supply and demand as well as information on renewable energies and CO2 emissions.

This application is an excerpt of the complete EnerFuture global forecast service based on the POLES model.

Access to projections:
  • On total primary and final consumption, with details for electricity and natural gas;
  • On CO2 emissions;
  • On energy and climate indicators;
  • Covering the whole world with 8 regional groupings;
  • Including data for the period 2015-2040.

Free data export in *.xls files for advanced analysis.
Total primary energy consumption 2040

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22
Jun

Australia does not expect natural gas shortfall to occur before 2030

The Australian Energy Market Operator (AEMO) no longer forecasts gas shortage before 2030 under the expected market conditions. This stance is quite different from what was published a year ago, when warnings from AEMO prompted the government to threaten to cut LNG exports. AEMO projected that the growth in LNG exports could cut gas volumes for the domestic market by 20% between 2018 and 2021, thus leading Australia to a gas shortage that would threaten domestic power supply.

21
Jun

India plans to install 30 GW of offshore wind capacity by 2030

The Indian Minister of New & Renewable Energy (MNRE) plans to build 30 GW of offshore wind capacity by 2030. In April 2018, the Indian government invited interested bidders to submit expressions of interest (EoI) in India's first offshore wind auction, which concerned an area in the gulf of Khambat on the coast of Gujarat. The MNRE estimates that offshore wind has become globally competitive in terms of tariffs and plans to develop 1,000 MW wind offshore project in the region. Several renewable energy players have been shortlisted, including in particular Engie, Sembcorp Green Infra, ReNew Power and Mytrah Energy.

19
Jun

Saudi Arabia and Russia seek to raise OPEC's oil output by 1.5 mb/d

Saudi Arabia and Russia will ask the Organization of the Petroleum Exporting Countries (OPEC) to hike crude oil production by 1.5 mb/d in the third quarter of 2018. In November 2016, Russia and the OPEC jointly decided to cut their output by 1.8 mb/d in order to prop up global prices and production levels were set for each member country: Saudi Arabia agreed to limit its crude production by nearly 486 kb/d to 10.058 mb/d, while Iraq, the second largest producer among OPEC, agreed to cut its production by 209 kb/d.

18
Jun

Brent crude price likely to stand at US$71/bbl in 2018 (US)

According to the US Energy Information Administration (EIA), the Brent crude oil price is likely to average US$71/bbl in 2018 and then decrease to US$68/bbl in 2019. The current high price levels are driven by the decline of global oil inventories over the January 2017 - April 2018 period. However, the global oil inventories will possibly rise slightly starting from the second half of 2018 onwards, which will in turn cause a slight decline in oil prices. This expected inventory growth comes from the fact that the global oil supply growth will outpace the predicted oil demand growth in 2019.