Energy Outlook

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Energy Outlooks produce forecasts for the future global energy situation, especially in terms of energy demand, energy mix and security of supply. This article compares some of the different energy scenarios that various Outlooks provide, with a focus on the estimated impact of climate change policies on the development of the global energy situation and CO2 emissions in the first third of this century.

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Overview

Energy Outlooks forecast the future global energy situation, especially in terms of energy demand, energy mix and security of supply. A range of organisations issue regular projections that serve a variety of political and economic purposes and with different emphases and different methodologies. This variety means that the Outlooks are difficult to compare. However, by setting clear parameters, it is possible to make a meaningful comparison.

In this introduction, we have chosen to compare three different points of view: the EU Commission's 'European' approach, the International Energy Agency's 'international' approach, and the 'industry' approach represented by Royal Dutch Shell and ExxonMobil. Despite the diverging approaches these studies take, they all make projections with regard to the world energy situation for the next 30-50 years.

This article will compare the various scenarios set out by the Outlooks, focusing on the estimated impact of climate change policies on the development of the global energy situation and CO2 emissions in the first third of this century.

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