THREAD

Today we launched World Energy Outlook 2019 #WEO19, our flagship report.

Here are my key takeaways from this exceptional piece of work that provides wide-ranging insights into how today& #39;s decisions will shape our energy future.

→ https://iea.li/2CC8DdJ 

1/">https://iea.li/2CC8DdJ&q...
World Energy Outlook 2019

Explore key findings and themes from the IEA's flagship publication

https://iea.li/2CC8DdJ
It& #39;s important to note that #WEO19 does not provide a forecast of what will happen.

It provides a set of scenarios that explore different possible futures, the actions or inactions that bring them about, and the interconnections between different parts of the system.

2/
Deep disparities define the energy world, notably the gaps between:

• The calm in oil markets & growing geopolitical tensions
• The urgency to tackle climate change & rising emissions
• The promise of energy for all & 850m people lacking electricity

3/
The global rise of SUVs is challenging efforts to reduce emissions.

If the appetite for heavier & bigger cars continues to grow at a similar pace to the past decade, this would add nearly 2m barrels a day in global oil demand by 2040.

→ https://iea.li/34TimbV 

4/">https://iea.li/34TimbV&q...
The past century has witnessed multiple transitions to & from different fuels & technologies.

The challenge today is one of scale: global energy use is 10 times higher than in 1919 ... and still growing

→ https://iea.li/2CC8DdJ 

5/">https://iea.li/2CC8DdJ&q...
The dramatic growth in recent years of US shale production is set to slow, but the resources exist to maintain high output for many years to come.

This dynamic provides a strong counterweight to efforts to manage oil markets.

6/
Over the next two decades, developing countries in Asia - led by China - account for half the growth in global gas demand and almost all the increase in trade, mostly in the form of liquefied natural gas (LNG).

→ https://iea.li/2CC8DdJ 

7/">https://iea.li/2CC8DdJ&q...
With a rapidly rising population & a major switch away from the traditional use of biomass, Africa is set to emerge as a major source of global growth for solar, wind, oil & natural gas.

8/
The global power mix is being reshaped by the growth of solar, wind & natural gas. In 2040, renewables are set to account for nearly half of total electricity generation, based on today& #39;s stated policies.

→ https://iea.li/34TimbV 

9/">https://iea.li/34TimbV&q...
The rise of wind & solar has major implications, placing electricity at the heart of energy security.

Global power systems& #39; needs for flexibility are set to double by 2040, but today’s market designs may not bring enough investment to meet those needs.

10/
Investment in carbon capture, utilisation & storage (CCUS) will be critical to ensure that the young global coal fleet is in line with climate targets.

Repurposing coal plants to provide flexibility can reduce CO2 & air pollution and help integrate renewables.

11/
What comes through with crystal clarity in #WEO19 is there is no single or simple way to transform global energy systems.

Many technologies & fuels have a part to play across all sectors of the economy.

For this to happen, we need strong leadership from governments.

12/
The world urgently needs to put a laser-like focus on reducing emissions. This calls for a grand coalition spanning governments, investors, companies & everyone who is committed to tackling climate change.

Our Sustainable Development Scenario can help guide these efforts.

13/
PS. There& #39;s a whole lot more content online https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Down pointing backhand index" aria-label="Emoji: Down pointing backhand index">

Explore the key findings: https://iea.li/2CC8DdJ 
Explore">https://iea.li/2CC8DdJ&q... findings by fuel: https://iea.li/34TimbV 
Read">https://iea.li/34TimbV&q... about our scenarios: https://iea.li/36ZoMrR 
Watch">https://iea.li/36ZoMrR&q... the launch press conference live at 11 CET: https://iea.li/2NJZJRK ">https://iea.li/2NJZJRK&q...
You can follow @fbirol.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
There are a lot of misconceptions about the Turkish diaspora in Germany. Since i just finished writing an essay about this topic I thought it's time to give other people
Read more
Las mejores calculadoras online en 2020A thread http://totumat.com/2020/11/26/las-mejores-calculadoras-online-en-2020/ Cuando se estudian asignaturas que requieren de cálculos complicados, nada mejor que contar con una buena calculadora.
Read more
Mitigating #ClimateChange is as much about taking up new techs as about leaving others behindMost studies focus on #coal's global downfall but another #energy tech decline is loomingRead my new
Read more