Renewable Energy Medium Term Market Report 2012

As the fastest growing sector and accounting for around a fifth of worldwide electricity production, renewable energy has emerged as a significant source in the global mix. Much of this success has stemmed from significant policy effort and economic incentives at the country level, particularly in the OECD. Massive investment has taken place on a global scale, with costs for most technologies falling steadily. As a result, renewable energy technologies are becoming more economically attractive in an increasing range of countries and circumstances, with China, India and Brazil emerging as major deployment grounds. Going forward, the continued growth of renewable energy will depend upon the evolution of policy and market frameworks. Yet, further technology development, grid and system integration issues and the availability of finance will also weigh as key variables. This new annual IEA publication, Medium-Term Renewable Energy Market Report 2012, provides a key benchmark, assessing the current state of play of renewable energy, identifying the main drivers and barriers to deployment and projecting renewable energy electricity capacity and generation through 2017. Starting with an in-depth analysis of key country-level markets, which represent 80% of renewable electricity generation today, the report examines the prospects for renewable energy finance and provides a global outlook for each renewable electricity technology. The report analyses enablers and barriers to renewable energy deployment in detail, examining larger electricity market issues that have implications for renewable development, including country-level demand projections, anticipated changes in conventional generating capacity and power system integration.

Medium-Term Renewable Energy Market Report 2017

The Middle East region holds the world's largest oil and natural gas proven reserves. Several Middle Eastern States are major oil producers and consumers. Given price fluctuations and environmental concerns many countries have sought to diversify their energy mix. The Middle East is no exception. Gawdat Bahgat analyzes the geopolitical, economic and strategic forces behind this diversification in the Middle East. He highlights the main advantages and disadvantages of each source of energy.

The book analyzes energy technologies, business models and policies to promote sustainable development. It proposes a set of recommendations for further activities and networking on access to energy and renewable energies and promotes an integrated approach to sustainable resource management. The book discusses access to energy, as a precondition for socio-economic progress. It depicts the global dimension of the challenge in terms of access to electricity and other forms of energy in developing countries. The three main interlinked topics related to energy and sustainable growth are separately discussed: appropriate technologies for modern energy services, business models for the development of new energy markets, and policies to support new energy systems. The description of activities and programmes of some public and private Italian stakeholders is also included.

"The projections in the U.S. Energy Information Administration's (EIA's) Annual Energy Outlook 2012 (AEO2012) focus on the factors that shape the U.S. energy system over the long term. Under the assumption that current laws and regulations remain unchanged throughout the projections, the AEO2012 Reference case provides the basis for examination and discussion of energy production, consumption, technology, and market trends and the direction they may take in the future. It also serves as a starting point for analysis of potential changes in energy policies. But AEO2012 is not limited to the Reference case. It also includes 29 alternative cases (see Appendix E, Table E1), which explore important areas of uncertainty for markets, technologies, and policies in the U.S. energy economy. Many of the implications of the alternative cases are discussed in the 'Issues in focus' section of this report. / Key results highlighted in AEO2012 include continued modest growth in demand for energy over the next 25 years and increased domestic crude oil and natural gas production, largely driven by rising production from tight oil and shale resources. As a result, U.S. reliance on imported oil is reduced; domestic production of natural gas exceeds consumption, allowing for net exports; a growing share of U.S. electric power generation is met with natural gas and renewables; and energy-related carbon dioxide emissions remain below their 2005 level from 2010 to 2035, even in the absence of new Federal policies designed to mitigate greenhouse gas (GHG) emissions."--Executive Summary (p. 2).

Explains why the environmental crisis should lead to an abandonment of "free market" ideologies and current political systems, arguing that a massive reduction of greenhouse emissions may offer a best chance for correcting problems.