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Sean Goldrick 10105751 Paper Reviewed: World Energy Outlook 2012, IEA Report Topic: Energy/Climate Change.

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Presentation on theme: "Sean Goldrick 10105751 Paper Reviewed: World Energy Outlook 2012, IEA Report Topic: Energy/Climate Change."— Presentation transcript:

1 Sean Goldrick 10105751 Paper Reviewed: World Energy Outlook 2012, IEA Report Topic: Energy/Climate Change

2 The World Energy Outlook through 2035 The future for oil, coal, gas, nuclear energy and renewables The changing global energy map Effects of a self sufficient North America Increasing Energy demand, efficiency and the future What was my paper about?

3 Overall commitments to increase energy efficiency are not being met Oil demand will peak around 2020 In OECD countries, coal will decline Natural gas usage will grow dramatically Nuclear power will decline, mainly due to safety concerns in light of Fukushima Renewables will account for 35% of energy by 2035 Energy Outlook Through 2035

4 More IndependentMore Dependant USAEurope Middle EastAfrica Asia The Changing Global Energy Map USA becoming self-sufficient Middle Eastern supplies will be boosted with the newfound growth in the Iraqi market, largest oil exporter by 2035 Europe is facing a future of energy dependency and is in danger of becoming hostage to international supplies In Asia, while China has an abundance of coal, oil imports are going to become a growing concern in transport. Japan is nearly completely dependant on oil imports

5 By 2020 the US is predicted to become the world’s largest oil producer and will become a net oil exporter by 2030. New technologies for natural gas and becoming a net exporter will give way to cheaper energy in the US. Reduction in US imports will cause security concerns for pipelines in middle-east and Asia. A Self Sufficient North America

6 The Futures Needs Non-OECD countries demand is going to increase while OECD will become steady. 1.3 billion people remain without access to electricity, a $1trillion investment is needed to combat this by 2030. Water is becoming a big issue, 583bcm of water were used globally in 2010 and is expected to rise by 85% by 2030. The increase in renewables will lead to a reduction in subsidies which could slow this progress, Investment in cheaper technologies is needed 80% of the building sector and ~50% of industry still remain inefficient and this will be a major issue going forward

7 Useful Sites: http://www.iea.org/ http://www.oecd.org/ireland/ http://www.worldenergyoutlook.org/ http://www.seai.ie/ Questions???


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