Global Energy and CO2 Status Report

  • Category
    Environment
  • Published
    4th Apr, 2019

The IEA’s second Global Energy and CO2 Status Report released in March 2019 provides a snapshot of recent global trends and developments across fuels, renewable sources, and energy efficiency and carbon emissions, in 2018.

Context

The IEA’s second Global Energy and CO2 Status Report released in March 2019 provides a snapshot of recent global trends and developments across fuels, renewable sources, and energy efficiency and carbon emissions, in 2018.

About

Global Trends

  • Energy consumption worldwide grew by 2.3% in 2018, nearly twice the average rate of growth since 2010, driven by a robust global economy as well as higher heating and cooling needs in some parts of the world.
  • As a result of higher energy consumption, CO2 emissions rose 1.7% in 2018 and hit a new record.
  • The biggest gains came from natural gas, which emerged as the fuel of choice last year, accounting for nearly 45% of the increase in total energy demand.
  • Demand for all fuels rose, with fossil fuels meeting nearly 70% of the growth for the second year running.
  • Renewables (gas, solar and wind) grew at double-digit pace, but still not fast enough to meet the increase in demand for electricity around the world.
  • As a result of higher energy consumption, global energy-related CO2 emissions increased to 33.1 Gt CO2, up.
  • Coal-fired power generation continues to be the single largest emitter, accounting for 30% of all energy-related carbon dioxide emissions.
  • Higher energy demand was propelled by a global economy that expanded by 3.7% in 2018, a higher pace than the average annual growth of 3.5% seen since 2010.
  • China, the United States, and India together accounted for nearly 70% of the rise in energy demand.
  • The United States had the largest increase in oil and gas demand worldwide. Gas consumption jumped 10% from the previous year, the fastest increase since the beginning of IEA records in 1971.
  • Weather conditions last year were also responsible for almost a fifth of the increase in global energy demand as average winter and summer temperatures in some regions approached or exceeded historical records.
  • Cold snaps drove demand for heating and, more significantly, hotter summer temperatures pushed up demand for cooling.

Trends by technology

  • Global gas demand expanded at its fastest rate since 2010, with year-on-year growth of 4.6%. Oil demand grew 1.3% and coal consumption rose 0.7%. Oil and coal together accounted for a quarter of global demand growth.
  • Renewables, which grew by over 4%, met around one-quarter of the growth in total primary energy demand.
  • This was largely due to expansion in electricity generation, where renewables accounted for 45% of the growth in 2018.

India

  • India emitted 2,299 million tonnes of carbon dioxide in 2018, a 4.8% rise from last year.
  • India’s emissions growth in 2018 was higher than that of the United States and China — the two biggest emitters in the world
  • India’s per capita emissions were about 40% of the global average and contributed 7% to the global carbon dioxide burden.
  • India saw primary energy demand increase 4% or over 35 Mtoe (million tonnes of oil equivalent), accounting for 11% of global growth, the third-largest share.
  • Growth in India was led by coal (for power generation) and oil (for transport), the first and second biggest contributors to energy demand growth, respectively.
  • India’s energy intensity improvement declined 3% from last year even as its renewable energy installations increased 10.6% from last year.

                                                  International Energy Agency

    • Founded in 1974, the IEA was initially designed to help countries co-ordinate a collective response to major disruptions in the supply of oil, such as the crisis of 1973.
    • While this remains a key aspect of its work, the IEA has evolved and expanded significantly.
    • It is at the heart of global dialogue on energy, providing authoritative analysis through a wide range of publications, including the flagship World Energy Outlook and the IEA Market Reports; data and statistics.
    • The four main areas of IEA focus are: Energy Security, Economic Development Environmental Awareness: and Engagement Worldwide.
    • India is not a member of IEA.

X
History Webinar

© 2020 Basix Education Pvt. Ltd. All Rights Reserved