© OECD/IEA 2013

WEO-2013 special analysis on “Energy and Global Competitiveness”

Dr. Fatih Birol

IEA Chief Economist

Paris, 4 June 2013

© OECD/IEA 2013

Overview of WEO-2013 & related analysis

A full update of energy projections

By country, fuel & sector, through 2035, with a stopover in 2020

Fuel focus: Oil

Country focus: Brazil

Other features:

Unconventional gas developments & the uptake of IEA “Golden Rules”

What the changing energy map means for global competiveness

Special Reports in the WEO series

Redrawing the Energy-Climate map – 10 June (London)

Southeast Asia Energy Outlook – late September (East Asian Summit, Bali)

© OECD/IEA 2013

What the changing energy map means for global competiveness

Analysis led by the Directorate of Global Energy Economics, in close cooperation with industry, governments & other stakeholders

A special chapter in WEO-2013 with some 30 pages of analysis

Timeline:

Analysis & preparation of draft ongoing

Today’s discussions will help seek expert views & advice

Draft chapter sent for peer review: 2 August

Launch to international press: 12 November, London

IEA Ministerial meeting: 19-20 November, Paris

© OECD/IEA 2013

Approach and topics

Foundations of global energy system shifting:

Resurgence in oil & gas production in some countries

Retreat from nuclear in some others

Signs of increasing policy focus on energy efficiency

Key areas for analysis:

How big a concern energy competitiveness is in reality

What persistent energy-price disparities mean for future economic balances

Which industry sectors are likely to be most affected and why

What industry & policy makers could do to improve energy competitiveness

© OECD/IEA 2013

This session

Now three interventions by:

Dr. Peter Westerheide, Chief Economist, BASF

Mr. Joe Mastrangelo, CEO Power Conversion, General Electric

Mr. Graham Weale, Chief Economist, RWE

Then open discussion till 17h30

Informal meeting, so Chatham House rule applies

Objective is to seek your expert views on how best to shape the WEO-2013 special analysis on “Energy & Global Competitiveness”