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Global Energy: An American Perspective

Global Energy: An American Perspective. Ambassador Paul Simons Conferencia 2009 ElecGas May 26, 2009. IEA REFERENCE SCENARIO – KING COAL.

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Global Energy: An American Perspective

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  1. Global Energy: An American Perspective Ambassador Paul Simons Conferencia 2009 ElecGas May 26, 2009

  2. IEA REFERENCE SCENARIO – KING COAL • World energy demand expands by 45% between now and 2030 – an average rate of increase of 1.6% per year – with coal accounting for more than a third of the overall rise. • Demand for coal has been growing faster than any other energy source & is projected to account for more than a third of incremental global energy demand to 2030

  3. IEA – WORLD ENERGY GROWTH • OECD countries alone cannot put the world onto a 450-ppm trajectory, even if they were to reduce their emissions to ZERO • 97% of the projected increase in emissions between now & 2030 comes from non-OECD countries – three-quarters from China, India & the Middle East alone

  4. IEA – OIL MARKETS • Oil production rises to 104 mb/d in 2030, with Middle East OPEC taking the lion’s share of oil market growth as conventional non-OPEC production declines • 64 mb/d of gross capacity needs to be installed between 2007 & 2030 – six times the current capacity of Saudi Arabia – to meet demand growth & offset decline

  5. IEA – ROLE OF DEVELOPING ECONOMIES • All of the growth in oil demand comes from non-OECD, with China contributing 43%, the Middle East & India each about 20% & other emerging Asian economies most of the rest.

  6. U.S. Chile Energy Partnership…

  7. .. Growing under Obama Administration • ”Energy and Climate Partnership of the Americas”, announced by President Obama in Trinidad on April 18, 2009. • Chile’s contributions: • Renewable Energy Research Center • Solar pilot projects: CSP and PV • Strong institutional contacts between Chile and • Lawrence Berkeley Laboratory • National Renewable Energy Laboratory • U.S. Department of Energy • California Energy Commission • Chile/California Partnership (6/08) underpins cooperation.

  8. Embassy’s commitment to renewable energy…

  9. .” “With a new Energy Climate Partnership of the Americas, we will harness the progress being made … by Chile’s investments in solar power.” President Barack Obama Trinidad April 19, 2009

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