From Power Engineering International, October 27:
IEA forecasts fossil fuel peak this decade
For the first time, global demand for each of the fossil fuels shows a peak across all World Energy Outlook scenarios, with Russian exports, in particular, falling significantly as the world energy order is reshaped.
This is one of the key findings in the International Energy Agency’s (IEA) World Energy Outlook 2022 report (WEO), released amidst what has been hailed as the first truly global energy crisis.
Fossil fuel peak
For the first time ever, a WEO scenario based on today’s prevailing policy settings has global demand for every fossil fuel exhibiting a peak or plateau. In the Stated Policies Scenario, coal use falls back within the next few years, natural gas demand reaches a plateau by the end of the decade, and rising sales of electric vehicles (EVs) mean that oil demand levels off in the mid-2030s before ebbing slightly to mid-century....
....MUCH MORE
And from the IEA:
PRESS RELEASE
World Energy Outlook 2022 shows the global energy crisis can be a historic turning point towards a cleaner and more secure future
For the first time, global demand for each of the fossil fuels shows a peak or plateau across all WEO scenarios, with Russian exports in particular falling significantly as the world energy order is reshaped
