Globe to World Energy Outlook; source: iStock.com/Alexander Chernyakov

© iStock.com/Alexander Chernyakov

The International Energy Agency (IEA) published the World Energy Outlook 2016 (WEO) on 16 November 2016. In it, the IEA underlines the need for a global energy transition. It says that the emissions reductions already agreed by the international community can slow the rise in global emissions, but a far-reaching change in the energy sector will be needed to attain the target of restricting global warming to a maximum of 2C as set out in the Paris climate agreement.

The German government is pursuing a clear strategy in the German energy transition, which is driven by an expansion of renewable energy and improved energy efficiency.

The IEA argues that the global energy transition will also be based on energy efficiency and renewable energy. It stresses the point that global renewables-based electricity generation capacity grew more quickly in 2015 than all the other types of electricity generation capacity together. The IEA believes that the costs of renewables will continue to drop substantially in the coming years, and sees major potential in the field of electric mobility.