Location:
Howard Gruenspecht, Deputy Administrator of the U.S. Energy Information Administration (EIA)
Abstract: The International Energy Outlook 2011 (IEO2011) recently issued by the U.S. Energy Information Administration (EIA) provides projections of world energy demand and supply by region and primary energy source through 2035; electricity generation by fuel type; and energy-related carbon dioxide emissions. Unlike many other long-term outlooks, which usually incorporate at least the expected value of policy changes that can significantly influence energy outcomes, IEO2011 is based on existing laws and regulations. Among other topics, Dr. Gruenspecht will discuss EIA's view on long-term petroleum and other liquids fuel supplies, prospects for global natural gas markets, and energy demand growth in developing nations. He will also address recent developments that have compounded the uncertainty associated with the long-term energy outlook.