World Energy Outlook 2013 – Executive Summary

In a world where big differences in regional energy prices impact competitiveness, who are the potential winners and losers?
Huge volumes of oil are needed to meet growing demand and offset declines in existing fields. Where will it all come from?
What could trigger a rapid convergence in natural gas prices between Asia, Europe and North America, and how would it affect energy markets?
Is the growth in renewable energy self-sustaining and is it sufficient to put us on track to meet global climate goals?
How much progress is being made in phasing-out fossil-fuel subsidies and expanding access to modern energy services to the world’s poor?
The answers to these and many other questions are found in WEO-2013, which covers the prospects for all energy sources, regions and sectors to 2035. Oil is analysed in-depth: resources, production, demand, refining and international trade. Energy efficiency – a major factor in the global energy balance – is treated in much the same way as conventional fuels: Its prospects and contribution are presented in a dedicated chapter. And the report examines the outlook for Brazil’s energy sector in detail and the implications for the global energy landscape.