Dr Fatih Birol, Executive Director of the International Energy Agency (IEA), presented the IEA World Energy Outlook 2016 (WEO-2016) in Berlin today on the occasion of an event organised by the Federal Ministry for Economic Affairs and Energy in cooperation with the Federation of German Industries and the World Energy Council Germany.
said: "The IEA World Energy Outlook expressly underlines that a global is necessary to fulfil the obligations arising from the Paris Climate Agreement. Decarbonisation does not mean de-industrialisation, but rather modernisation. In Germany, we have been successfully following this course for several years. One in three kilowatt-hours consumed in our country come from . The climate change mitigation plan that we recently adopted lays down ambitious emission targets for all sectors and creates planning security for the sectors concerned. I share the IEA's assessment that more efforts must now be made also at global level to improve and vigorously expand power generation based on renewables."
In its report, the IEA emphasises 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 more commitments need to be made to attain the target of restricting global warming to a maximum of 2 degrees Celsius as set out in the Paris Climate Agreement. The commitments made so far also require a fundamental change in the energy sector.
The IEA argues that the global energy transition will primarily be based on energy efficiency and renewable energy. The IEA 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. One area where the IEA sees major potential for this is .
The IEA's World Energy Outlook, which is published annually, is widely regarded as the most important publication on the development of global energy supply. The scenarios developed in the WEO are used worldwide as standard for energy forcasts.