Stranded Assets
How the IEA Embraced its Role as an Energy Oracle in the Climate Transition
The International Energy Agency, in its latest Energy Outlook, has developed a plan for the world to move away from new fossil-fuel production
Fatih Birol, executive director of the International Energy Agency.
Photographer: F. Carter Smith/BloombergThis article is for subscribers only.
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The International Energy Agency's annual World Energy Outlook, the latest edition of which was published on Wednesday, is probably the closest thing to a bible in the energy world. It marks in granular detail several different ways the global energy system might evolve. The organization projects electricity generation and fuel production volumes and price points, by national or regional levels, in five-year increments for the next 20 to 30 years.