January 2011

Trends and Resources

HP Impact: Global energy outlook to 2035

According to the International Energy Agency’s (IEA’s) World Energy Outlook 2010, the energy world market faces unprecedented uncertainty. The 2008–2009 global economic crisis threw the..

Thinnes, Billy, Hydrocarbon Processing Staff

According to the International Energy Agency’s (IEA’s) World Energy Outlook 2010, the energy world market faces unprecedented uncertainty. The 2008–2009 global economic crisis threw the energy markets into severe turmoil. The pace of the global economic recovery holds the key to energy prospects for the next several years, but it will be governments’ responses to the twin challenges of climate change and energy security that will shape the future of energy in the longer term. The worst of the global economic crisis appears to be over. But it will be a hard fight to return to pre-2008 energy levels. In looking ahead, IEA forecasts some changes in the global energy market:&

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