IEA: World Energy Outlook 2017 – Focus on China

In its latest World Energy Outlook 2017 (focus on China), the International Energy Agency (IEA) highlights that China's energy future promises to be quite different from its past.

Key Findings from the report:

“The path China takes will have a profound impact on global markets, trade and investment flows, technology costs and the achievement of shared global goals.

Over the period to 2040, China’s policy choices and import needs have a huge impact on global trade and investment in oil, gas, and coal: by 2040, in our main scenario, almost 30% of the oil traded internationally is making its way towards China, and likewise almost one-quarter of the gas traded over long distances.

China’s influence on global efforts to address climate change can be equally profound: already in our main scenario, China is responsible for a large share of global investment in a range of clean energy technologies and applications, including electric vehicles, batteries, carbon capture and storage, nuclear power, and solar and wind power, with the potential to bend downwards the global cost curve in each case.”


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.