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IEEJ Outlook 2018

ieej Outlook 2018 ieej 2017 The 427th Forum on Research Wor k ieej Outlook 2018 Prospects and challenges until 2050 Tokyo, 12 October 2017 The Institute of Energy Economics, Japan Energy, Environment and Economy ieej Outlook 2018 ieej 2017 Overview of the current global energy market 2 Although the trend of Asia as leading the global energy market remains unchanged, developments in the US and China, which accounts for 40% of the energy market, must be carefully monitored. World coal demand dropped for two years in a row (US and China largely) while oil and gas grew. China s coal consumption declined for the third consecutive year (2016, BP).

IEEJ Outloo k 2018 Emissions path with minimizing total cos IEEJ © 201 7 Scenarios in this Outlook 3 <Energy Model Analysis > #Reference Scenari o

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