The document summarizes the key findings of the U.S. Energy Information Administration's International Energy Outlook 2014. It finds that global demand for petroleum and other liquid fuels will increase 38% between 2010-2040, driven largely by developing nations in Asia and the Middle East. Meeting this growing demand will require 33 million barrels per day of additional supply, with OPEC and non-OPEC sources expanding their production significantly. It also examines uncertainties around future Chinese energy demand and the development of tight oil and shale gas resources globally.
Research done while in PwC Mexico. A short version was published within the publication "The Future of Pacific Alliance", launched in the presidential summit of Chile in 2016.
Research done while in PwC Mexico. A short version was published within the publication "The Future of Pacific Alliance", launched in the presidential summit of Chile in 2016.
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology.
Issues and challenges with renewable energy in omaneSAT Journals
Abstract This paper provides a comprehensive review of energy sources in Oman as well as looking into the structures of the electricity sector in the Sultanate of Oman. The growing population and the spacing between housing units in the territory of Oman has became a major challenges to the government in generation planning due to its limited energy resources in the country. Hence, energy has become an important sector in Omani vision 2020. Renewable energy (RE) sources form a vital and strategic solution for the provision of electric power in the Sultanate; few studies have indicated that Oman is rich in solar and wind energy. However, this sector faces many challenges, and the development of RE is at a slow pace. This paper identify the issues and challenges of RE in Oman Index Terms: Renewable Energy, Solar Power, Wind Energy, Oil and Gas, Electricity.
This presentation is the Slovenian version of the proposal we delivered to the Grossmann Fantastic Film & Wine Festival organizers on July 18, 2014 in Ljutomer, Slovenia.
This presentation is the English version of the proposal we delivered to the Grossmann Fantastic Film & Wine Festival organizers on July 18, 2014 in Ljutomer, Slovenia.
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology.
Issues and challenges with renewable energy in omaneSAT Journals
Abstract This paper provides a comprehensive review of energy sources in Oman as well as looking into the structures of the electricity sector in the Sultanate of Oman. The growing population and the spacing between housing units in the territory of Oman has became a major challenges to the government in generation planning due to its limited energy resources in the country. Hence, energy has become an important sector in Omani vision 2020. Renewable energy (RE) sources form a vital and strategic solution for the provision of electric power in the Sultanate; few studies have indicated that Oman is rich in solar and wind energy. However, this sector faces many challenges, and the development of RE is at a slow pace. This paper identify the issues and challenges of RE in Oman Index Terms: Renewable Energy, Solar Power, Wind Energy, Oil and Gas, Electricity.
This presentation is the Slovenian version of the proposal we delivered to the Grossmann Fantastic Film & Wine Festival organizers on July 18, 2014 in Ljutomer, Slovenia.
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In this world of concerns regarding depletion of fossil fuels, pollution control and other factors leading to threat of man kind survival a way of producing biodiesel from algae which can be a source of alternative fuel. Lots of methods and sources being used for producing biodiesel but from algae one can produce high amount of biodiesel depending on the type of species or strain selected and this way this is a viable and feasible method to produce biodiesel.....
World Energy Outlook 2014 - Dr. Fatih BIROLCluster TWEED
Nous avons eu le plaisir de vous convier le 14 janvier 2015 à la présentation du Dr. Fatih Birol, Chief Economist de l'IEA (International Energy Agency) et superviseur de la publication annuelle de l'IEA, le World Energy Outlook (WEO).
The global energy system is in danger of falling short of the hopes and expectations placed upon it. Turmoil in parts of the Middle East has rarely been greater since the oil shocks in the 1970; conflict between Russia and Ukraine has reignited concerns about gas security; nuclear power, which for some countries plays a strategic role in energy security, faces an uncertain future; and electricity remains inaccessible to many people, including two out of every three people in sub-Saharan Africa. The point of departure for the climate negotiations, due to reach a climax in 2015, is not encouraging: a continued rise in global greenhouse-gas emissions and stifling air pollution in many of the world’s fast-growing cities. Advances in technology and efficiency give some reasons for optimism, but sustained political efforts will be essential to change energy trends for the better. The World Energy Outlook 2014, with projections and analysis extended to 2040 for the first time, provides insights that can help to ensure that the energy system is changed by design, rather than just by events.
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The Outlook highlights the continuous change in the energy system – the changing fuel mix, the changing patterns of trade – as it adapts to meet the world’s growing energy needs. It also highlights the challenge of delivering energy supplies which are sustainable, secure and affordable. The Outlook emphasizes the role of competition and market forces in driving technology and innovation to help us meet that challenge.
Watch World Energy Outlook authors Tim Gould, Tae-Yoon Kim, Christophe McGlade, and Johannes Trüby discuss the outlook for fossil fuels following the release of World Energy Outlook 2017: http://bit.ly/2zcoDSM
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Without too many words- EFOW view is that we need to urgently reform our present policy approach on Energy, but start to organize Energy Architecture & UN SDGs development/ transition programs to scale.
This is the accompanying presentation to the hour-long World Energy Outlook 2017 webinar on The New Policies Scenario. Watch the webinar here: https://youtu.be/M6yuRJYeSuM
Low prices should give no cause for complacency on energy security, IEA says: Latest World Energy Outlook also sees clear signs that the energy transition is underway, but warns strong direction is needed from Paris climate summit
Using recycled concrete aggregates (RCA) for pavements is crucial to achieving sustainability. Implementing RCA for new pavement can minimize carbon footprint, conserve natural resources, reduce harmful emissions, and lower life cycle costs. Compared to natural aggregate (NA), RCA pavement has fewer comprehensive studies and sustainability assessments.
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MySQL is free open source database that facilitates the effective management of the databases by connecting them to the software. It is a stable ,reliable and the powerful solution with the advanced features and advantages which are as follows: Data Security.MySQL is free open source database that facilitates the effective management of the databases by connecting them to the software.
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A hierarchical digital twin of a Naval DC power system has been developed and experimentally verified. Similar to other state-of-the-art digital twins, this technology creates a digital replica of the physical system executed in real-time or faster, which can modify hardware controls. However, its advantage stems from distributing computational efforts by utilizing a hierarchical structure composed of lower-level digital twin blocks and a higher-level system digital twin. Each digital twin block is associated with a physical subsystem of the hardware and communicates with a singular system digital twin, which creates a system-level response. By extracting information from each level of the hierarchy, power system controls of the hardware were reconfigured autonomously. This hierarchical digital twin development offers several advantages over other digital twins, particularly in the field of naval power systems. The hierarchical structure allows for greater computational efficiency and scalability while the ability to autonomously reconfigure hardware controls offers increased flexibility and responsiveness. The hierarchical decomposition and models utilized were well aligned with the physical twin, as indicated by the maximum deviations between the developed digital twin hierarchy and the hardware.
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Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
International Energy Outlook
1. U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov
International Energy Outlook 2014
For
Columbia University Center on Global Energy Policy
September 22, 2014 | Washington, D.C.
By
Adam Sieminski, Administrator
U.S. Energy Information Administration
2. Key takeaways
•
IEO 2014 examines long-term global petroleum and other liquid fuels markets in this shortened IEO release
•
IEO2015 will return to full version
•
Three price scenarios examine a range of potential interactions of supply, demand, and prices in world liquids markets
•
The potential for tight/shale oil outside of the United States could add 3MMb/d by 2025
•
EIA’s projection of Mexican oil production has risen in light of recent legislative changes
Columbia University
IEO2014 September 22, 2014 2
3. Results from the IEO2014 Reference case
•
World petroleum and other liquid fuels use increases by 38% between 2010 and 2040, all in the non-OECD
•
Developing Asia (including China and India) and the Middle East account for 85% of the increase
•
Increased demand requires 33 MMbbl/d of additional liquid fuels supplies to reach 119 MMb/d by 2040
–
OPEC crude and lease condensate increases by 14 MMbbl/d
–
Non-OPEC crude and lease condensate increases by 10 MMbbl/d
•
Other liquid supplies (from NGPL, biofuels, CTL, GTL, and refinery gain) grow in importance, supplying 17% of total liquids production by 2040
Columbia University
IEO2014 September 22, 2014 3
4. The IEO2014 uses the same price paths as the AEO2014
0
50
100
150
200
250
1990
1995
2000
2005
2010
2015
2020
2025
2030
2035
2040
North Sea Brent crude oil spot price
2012 dollars per barrel
Source: EIA, Annual Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 4
projections
history
2012
High Oil Price
Reference
Low Oil Price
5. All of the growth in liquid fuels consumption occurs in the emerging non-OECD nations
0
30
60
90
1990
1995
2000
2005
2010
2015
2020
2025
2030
2035
2040
petroleum and other liquid fuels consumption, 1990-2040
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 5
projections
history
2010
OECD
Non-OECD
6. Non-OECD Asia and the Middle East account for 85% of the world’s growth in liquids consumption over the projection
0
20
40
60
80
1990
2000
2010
2020
2030
2040
Europe and Eurasia
Central and South America
Africa
Middle East
Other Asia
China
non-OECD petroleum and other liquid fuels consumption, Reference case, 1990-2040
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 6
projections
history
7. China, India, and the Middle East lead liquids demand growth
0
5
10
15
20
25
China
India
Middle East
United
States
OECD
Europe
Japan
2010
2025
2040
liquid fuels consumption, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 7
select OECD
select non-OECD
8. China’s use of liquid fuels exceeds the United States by 2035
0
5
10
15
20
25
1990
1995
2000
2005
2010
2015
2020
2025
2030
2035
2040
liquid fuels consumption in China and the United States, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 8
projections
history
2010
United States
China
9. Middle East use of liquids in the electric power sector declines, but still accounts for 12% of total consumption in 2040
0
3
6
9
12
2010
2020
2025
2030
2035
2040
Middle East liquid fuels consumption by end-use sector
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 9
Transportation
Industrial
Electric Power
Other
10. 0
25
50
75
100
125
Demand Supply
Low Oil Price case
(low non-OECD demand)
Demand Supply
Reference case
Demand Supply
High Oil Price case
(high non-OECD demand)
Non-OECD
OECD
Supply composition changes more than demand across cases
liquids consumption and production in three price cases, 2040
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 10
Other Liquids
Non-OPEC
crude and lease
condensate
OPEC crude and
lease condensate
11. Over the projection, OPEC crude and lease condensate suppliers produce an additional 14 MMbbl/d
0
10
20
30
40
50
60
2000
2005
2010
2015
2020
2025
2030
2035
2040
OPEC crude and lease condensate
non-OPEC crude and lease condensate
other liquid fuels
petroleum and other liquid fuels production, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 11
projections
history
43
33
12
53
46
20
12. Future growth in OPEC crude and lease condensate production is centered in the Middle East
0
7
14
21
28
35
Middle East
North Africa
West Africa
South America
2010
2025
2040
OPEC crude and lease condensate production by region, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 12
13. Most significant contributors to non-OPEC crude and lease condensate production: Canada, Brazil, U.S., Kazakhstan, Russia
0
6
12
18
24
Canada
United States
Mexico
Brazil
Kazakhstan
Russia
Other
2010
2025
2040
non-OPEC crude and lease condensate production, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 13
14. We are cautiously optimistic in our revised Mexican liquids production outlook given the legislative changes underway
0
1
2
3
4
2010
2015
2020
2025
2030
2035
2040
IEO2014
IEO2013
Mexican liquid fuels production, IEO2014 and IEO2013
million barrels per day
Source: EIA, IEO2014 and IEO2013
Columbia University
IEO2014 September 22, 2014 14
15. NGPL and biofuels account for most of the other liquid fuels
0
3
6
9
12
15
Gas-to-liquids
Coal-to-liquids
Biofuels
Natural gas plant liquids
2010
2025
2040
world production of selected other liquid fuels, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 15
16. EIA Reference scenario shows world tight oil production increasing to almost 8 million b/d in 2025
0
2
4
6
8
10
2005
2010
2015
2020
2025
2030
2035
2040
tight oil production
million barrels per day
Source: EIA, Annual Energy Outlook 2014 and International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 16
projections
history
2012
U.S. (AEO2014 & IEO2014 Reference case)
World (IEO2014 Reference case)
17. Tight oil production will spread to nations outside of the United States and Canada over the projection
0
1
2
3
4
5
6
7
8
United States
Canada
Mexico
Russia
Argentina
China
Rest of world
2010
2025
2040
tight oil production, Reference case
million barrels per day
Source: EIA, International Energy Outlook 2014
Columbia University
IEO2014 September 22, 2014 17
2.9 MMbbl/d in 2013
3.9 MMbbl/d in 2014 (STEO)
AEO2014 High Resource case
5.0 MMbbl/d in 2015 (STEO)
18. While the outlook for total liquids production is similar with IEA and OPEC, there are different perspectives on sources of supply
0
20
40
60
80
100
120
EIA
IEO
IEA
WEO CP
OPEC
WOO
EIA
IEO
IEA
WEO CP
OPEC
WOO
Other liquid fuels
Crude and lease condensate
petroleum and other liquid fuels production
million barrels per day
Source: EIA International Energy Outlook 2014 Reference case; IEA World Energy Outlook 2013 Current Policies scenario; OPEC World Oil Outlook 2013 Reference case
Columbia University
IEO2014 September 22, 2014 18
2012
2035
19. Areas of uncertainty in the outlook
•
China’s energy demand growth; particularly in transportation
–
EIA is working with MIT and others to upgrade the structural and macroeconomic determinates of transportation demand in all regions for IEO2015
•
Increasing global trade of natural gas and HGL in addition to oil
–
EIA is integrating the representation of oil and natural gas supply and other hydrocarbons
•
Global development of tight oil and shale gas resources
–
EIA is gathering geology and production information, and conducting outreach
•
Impact of geopolitical tensions on energy supply
–
EIA exploring options for representing these uncertainties in the outlook
Columbia University
IEO2014 September 22, 2014 19
20. For more information
Columbia University
IEO2014 September 22, 2014 20
U.S. Energy Information Administration home page | www.eia.gov
Annual Energy Outlook | www.eia.gov/aeo
Short-Term Energy Outlook | www.eia.gov/steo
International Energy Outlook | www.eia.gov/ieo
Monthly Energy Review | www.eia.gov/mer
Today in Energy | www.eia.gov/todayinenergy
State Energy Portal | www.eia.gov/state
Drilling Productivity Report | www.eia.gov/petroleum/drilling/