Upside for our coal and gas, happy days for renewables,
a glimmer of hope for uranium
WHO SHOULD READ THIS
- Current and prospective producers of, and investors in,
renewables, coal and gas and uranium projects and infrastructure in
Australia and offshore, together with those seeking to shape
policies affecting these sectors.
The International Energy Agency (IEA) has
released their 2017
World Energy Outlook which assesses global energy
supply and demand out to 2040 under three scenarios.
In their core (New Policies) scenario, under which it is assumed
that Paris Climate Agreement emission targets are implemented,
global energy needs rise more slowly than in the past but still
expand by 28% between today and 2040. This is the equivalent of
adding another China and India to today's global energy demand.
The largest contribution to demand growth (almost 30%) comes from
India. In Southeast Asia energy demand grows at twice the pace of
China. Overall, developing
