World Energy Investment Outlook: 2003 Insights

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Annotation World energy demand will rise by two thirds between now and 2030, and the world economy will falter if these energy supplies are not available. How much investment will be required to satisfy this need and can it be financed is looked into, in an attempt to quantify global energy investment needs, fuel-by-fuel and region-by-region. The global financial system has the capacity to fund the required investment, but are the conditions right? For some sectors and regions, the prospects are good. For others, the outlook is bleak. The total figure which emerges for the required global investment over 30 years is large - $16 trillion, but there are no claims that this will be validated in 30 years time. Policymakers perhaps will have failed if the energy economy has not been reshaped to make it more sustainable. Issues looked at by the World Energy Investment Outlook 2003 are global energy investment needs to 2030, financing global energy investment, as well as specifically oil, natural gas, coal, electricity and advanced technologies.

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