World Energy Outlook 2022
Summary
The International Energy Agency (IEA) has released its World Energy Outlook 2022 report, highlighting the current global energy crisis caused by Russia's invasion of Ukraine. This invasion has disrupted supply and demand patterns and created major shifts in long-standing trading relationships. As a result, the impacts of this crisis will be felt for years to come. The report provides an outlook for the world's energy system for the next 20 years, including the role of renewables, the impact of COVID-19 on energy demand, and the role of policy in shaping the energy transition. It also explores the potential scenarios for the future of energy use based on different policy interventions and technological advancements. The report emphasises the need for strong policies to lead the transition towards sustainable energy systems that can effectively address the urgent challenges of climate change and energy security.
Region:
Global
Published:
January 2022
Author(s):
IEA
Language:
English