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World Energy Outlook

  • ID: 4015465
  • Report
  • February 2021
  • Region: Global
  • 20 Pages
  • The Economist Intelligence Unit
(Forecast closing date: February 4th 2021)

The outlook for energy consumption in the forecast period (2021-30) will be characterised by a partial recovery in 2021 from the impact of the coronavirus (Covid-19) pandemic. The strength of this recovery will vary according to energy source, with gas and oil expected to resume growth for the rest of the forecast period, from 2021 onwards, although this will be more pronounced for gas than for oil.

For coal, The Economist Intelligence Unit does not forecast that consumption will return to the level in 2019. Following the slump in 2020 and a marginal recovery in 2021-23, there will be a slight but continued decline from 2024 onwards. This is because coal-fired power generation is facing several head-winds, from falling costs of renewables to an acceleration of policy drivers aimed at a more rapid transition to a low carbon global economy. This will be more evident in OECD economies in North America and western Europe, however.

Industry List: Coal, Energy, Electricity, Energy, Energy, Energy, Energy policy, Energy, Nuclear, Energy, Oil and gas, Energy, Renewables
Industry Codes (NAIC): 22
Industry Codes (SIC): 49
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World Energy Outlook

World energy outlook: Overview

World energy outlook: Key forecasts

World energy outlook: Energy policy
Policy trends

World energy outlook: Oil and gas
Oil demand
Gas demand
Oil supply
Gas supply

World energy outlook: Electricity

World energy outlook: Coal
Coal demand
Coal supply

World energy outlook: Nuclear

World energy outlook: Renewable energy
Ten-year outlook
Hydro
Wind
Solar
Note: Product cover images may vary from those shown
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