No. 48



IEA Unveils New World Energy Outlook To 2020

Another noteworthy event that took place during the Riyadh Energy Forum was the unveiling (at least partially) of the International Energy Agencys latest World Energy Outlook (WEO) which projects energy demand and supply up to the year 2020.

The IEA forecasts that oil will remain the dominant fuel in the primary energy mix with a share of 40% in 2020 roughly identical to its present share. In volume terms, world...