Global Methane Emissions Washington D.C., 29 March 2016

Similar documents
Keisuke Sadamori Director, Energy Markets and Security International Energy Agency Kuala Lumpur, 8 October

London, 10 November 2015

World Energy Outlook 2007: China and India Insights. International Energy Agency

Energy Climate and Change

World Energy Outlook Presentation to the Press London, 10 November 2009

World Energy Outlook Presentation to the press London, 12 November 2012

Annex 5A Trends in international carbon dioxide emissions

Implications of Abundant Natural Gas

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014

Nordea Asset Management. Our Approach on Climate Change

2014 BP Madrid forum on energy & sustainability BP 2014

OUTLOOK FOR NATURAL GAS IN EUROPE

Anne Sophie CORBEAU International Energy Agency GEP AFTP 12Janvier 2012

How To Understand The Global Energy Picture

Energy Megatrends 2020

Nuclear power is part of the solution for fighting climate change

NEW ZEALAND. Submission to the ADP. New Zealand s Intended Nationally Determined Contribution. 7 July 2015

What will global annual emissions of greenhouse gases be in 2030, and will they be consistent with avoiding global warming of more than 2 C?

Working Paper #54. Greenhouse Gas Implications in Large Scale Infrastructure Investments in Developing Countries: Examples from China and India

The Contribution of Global Agriculture to Greenhouse Gas Emissions

Critical Policy Options to Protect Industry Competitiveness

Global Energy Dynamics: Outlook for the Future. Dr Fatih Birol Chief Economist, IEA 18 June 2014

Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today.

GEOPOLITICS OF ENERGY AND ENERGY SECURITY A EUROPEAN PERSPECTIVE

Tracking intended nationally determined contributions: what are the implications for greenhouse gas emissions in 2030?

WORLD ENERGY OUTLOOK 2014 FACTSHEET How will global energy markets evolve to 2040?

The Global Commission on the Economy and Climate. Major Economies Forum, Paris

Energy Projections Price and Policy Considerations. Dr. Randy Hudson Oak Ridge National Laboratory

Energy Prices, Climate Change Policy and U.S. Economic Growth

WORLD ENERGY INVESTMENT OUTLOOK 2014 FACTSHEET OVERVIEW

The Economics of Climate Change C 175. To Kyoto and Beyond. Spring 09 UC Berkeley Traeger 7 International Cooperation 22

Disclaimer. Energy Outlook

Democratic and Republican Positions on Environmental Issues. Edward H. Klevans, Professor and Department Head Emeritus of Nuclear Engineering

Russia: energy market developments. Marc-Antoine Eyl-Mazzega Russia Programme Manager Paris, 16 December 2014

Where to start: Understanding building energy use

Issue. September 2012

IEA-IEF-OPEC Outlook Comparison

Emissions de CO 2 et objectifs climatiques

2052 A Global Forecast for the Next Forty Years

From Carbon Subsidy to Carbon Tax: India s Green Actions 1

WORLD ENERGY OUTLOOK 2011 FACTSHEET How will global energy markets evolve to 2035?

NATURAL GAS DEMAND AND SUPPLY Long Term Outlook to 2030

Fossil fuels and climate change: alternative projections to 2050

Global growth rates Macroeconomic indicators CEDIGAZ Reference Scenario

I trend odierni nei mercati oil & gas

Submission by Norway to the ADP

Global Energy Trends; 2030 to 2050

Roadmap for moving to a competitive low carbon economy in 2050

GREENHOUSE GAS EMISSION REDUCTION TARGETS FOR 2030 CONDITIONS FOR AN EU TARGET OF 40% POLICY STUDIES

Business proposals in view of a 2015 international climate change agreement at COP 21 in Paris

Energy [R]evolution vs. IEA World Energy Outlook scenario

WORLD ENERGY OUTLOOK 2012 FACTSHEET How will global energy markets evolve to 2035?

Revision of Primary Energy Factors in EU Legislation. A EURELECTRIC view

Updated development of global greenhouse gas emissions 2013

A Global Forecast

Levelized Cost of New Electricity Generating Technologies

US and China Energy: Swapping Places in World Markets

Impacts of good practice policies on regional and global greenhouse gas emissions

Six greenhouse gases covered by the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol are:

Results scenario comparison WP 5.2

World Outlook Energy. Chapter 1: Introduction and scope

1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS

Chairman, Working Group on Global Environment Strategy Committee on the Environment and Sft Safety KEIDANREN (Japan Business Federation)

Contents. Wind power sector facts. Growth drivers. Immediate challenges. Innovative and global response

Finding Ways to Postpone Climate Tipping Points Using Updated Metrics

Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels

Fact Sheet on China s energy sector and Danish solutions

The incompatibility of highefficient. 2 C scenarios

UNECE Energy Week Geneva. in Energy Security

REPUBLIC OF TURKEY INTENDED NATIONALLY DETERMINED CONTRIBUTION

Smart Cities and Sustainable Technology

INTENDED NATIONALLY DETERMINED CONTRIBUTION

Creating a Successful Outcome in Copenhagen. Bert Metz, European Climate Foundation

Saving energy: bringing down Europe s energy prices

UNITED NATIONS ECONOMIC COMMISSION FOR EUROPE. Renewable Energy A Crucial Role in the Future Energy Mix

Secure Sustainable Together. World Outlook Energy EXECUTIVE SUMMARY

World Steel Outlook Adam Szewczyk / Manager, Economics and Statistics. Х Metal Expert s Conference, April 20-21, 2015, Kiev, Ukraine

Disclaimer Energy Outlook 1

energy [r]evolution A Sustainable World Energy Outlook

EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on:

WORLD ENERGY OUTLOOK 2013 FACTSHEET How will global energy markets evolve to 2035?

GLOBAL WARMING : THE SIGNIFICANCE OF METHANE

Banks as bridges: Investment in a sustainable and climate-friendly economic system

97 MW of Cat coal seam methane power in New South Wales, Australia

Interview: Aurélie Faure, Financial Analyst at Dexia Asset Management

EXECUTIVE SUMMARY OVERVIEW OF RUSSIA S NATURAL GAS SECTOR. The era of relatively cheap Gazprom gas ending EXECUTIVE SUMMARY - 15

Mobile sgreenmanifesto2012

Oslo, 4 October Manager Ryan Salmon Oil and Gas Program CERES 99 Chauncy Street, 6th Floor Boston, MA USA

Clean Diesel versus CNG Buses: Cost, Air Quality, & Climate Impacts

Working Paper Research Unit Global Issues Stiftung Wissenschaft und Politik German Institute for International and Security Affairs.

RE-POWERING MARKETS Market design and regulation during the transition to low-carbon power systems

Avoiding fossil fuel costs with wind energy

Residential & Commercial Sectors Overview CLIMATE

Fossil fuels subsidies in the agenda of the G20

TABLE OF CONTENTS PART A PART B GLOBAL ENERGY TRENDS INDIA ENERGY OUTLOOK ANNEXES INTRODUCTION AND SCOPE GLOBAL ENERGY TRENDS TO 2040

Impact of world economic crisis on the oil markets and economic growth in Arab Countries development

IMPACTS OF EPA S CARBON PROPOSAL ON COLORADO

South Africa s Intended Nationally Determined Contribution (INDC)

Bangladesh and the Copenhagen Accord: how much carbon dioxide might Bangladesh emit in 2050?

The Clean Development Mechanisms (CDM) What is it? And how can it be used to promote climate protection and sustainable development?

Transcription:

Global Methane Emissions Washington D.C., 29 March 2016

Key questions What is the global outlook for natural gas and methane emissions? What is the role of methane emissions in the climate change debate? What is the IEA planning on doing on methane emissions from oil and gas?

bcm Plain sailing for natural gas? World natural gas demand by scenario 6 000 5 000 Current Policies Scenario New Policies Scenario 4 000 450 Scenario 3 000 2 000 1990 2000 2010 2020 2030 2040 Global gas demand grows in all scenarios; in the New Policies Scenario demand of 5.2 tcm in 2040 brings gas towards parity with coal & oil in the global energy mix

Gas retains a global foothold in a stronger climate policy scenario Mtoe Global fossil-fuel demand by scenario 5 000 4 500 4 000 Oil Coal Gas New Policies Scenario (NPS) 3 500 3 000 2 500 Oil Gas Coal 450 Scenario (450S) 2 000 2000 2005 2010 2015 2020 2025 2030 2035 2040 Where it replaces more carbon-intensive fuels or aids the integration of renewables, natural gas can be a good fit for a gradually decarbonising energy system

What are the trends in methane emissions from oil and gas operations? mln tons CH4/bln boe Global methane emissions from oil and gas industry US methane emissions trend for oil and gas industry mln tons methane 2.5 0 20 40 60 80 100 2.0 US EPA, 2012? 1.5 gas IEA, 2015 1.0 IPCC, 1997-2006 Global emission estimates vary widely due to lack of data and inconsistent measurement methods 0.5 0.0 1990 1995 2000 2005 2010 2013 US data suggests an overall declining trend in methane emission factors over the last 20 years. oil Source: US EPA and EIA 2015

Methane emissions: a credibility issue for natural gas? Mt CH4 Global methane emissions from the oil & gas sector by region in NPS 70 60 50 40 30 20 European Union Africa United States China Russia Middle East Rest of world 10 2013 2020 2030 2040 Fugitive methane emissions from the global oil & gas sector remain high, despite advances & pledges by some countries to reduce emissions

The coverage of CP21 climate pledges is impressive Russia and Caspian Europe North America 2.0 Gt China 3.8 Gt Middle East 6.1 Gt Africa 2.0 Gt India 8.6 Gt Other Asia OECD Asia Oceania South America 1.1 Gt 1.9 Gt 1.7 Gt 2.2 Gt 1.2 Gt Pledges submitted Not submitted pledges Pledges from countries that account for 95% of global energy-related GHG emissions; their full implementation would be consistent with a temperature rise of 2.7 C The boundaries and names shown and the designations used on maps included in this publication do not imply official endorsement or acceptance by the IEA.

but what about methane emissions? The INDCs of four countries specifically mention methane emission: USA: achieve a 40-45% reduction in methane emissions from 2012 levels by 2025 from oil and gas production Canada, Mexico and Gabon: reduce methane emissions from oil and gas production

COP21 Bridge Scenario: peak in GHG emissions in next 5 years Gt CO 2 -eq 40 Global energy-related GHG emissions Bridge Scenario Savings by measure, 2030 35 30 INDC Scenario Bridge Scenario Upstream methane reductions Fossil-fuel subsidy reform 15% 10% 49% Energy efficiency 25 450 Scenario Renewables investment 17% 9% 20 2015 2020 2025 2030 Reducing inefficient coal IEA proposed five measures shown in a Bridge Scenario using only proven technologies & without harming economic growth

Reducing Upstream Methane Emissions Global oil and gas upstream methane emissions and required reductions Reductions are achievable with existing technologies but implementation will take time

What is the IEA planning to do next? Global modeling of methane emissions has a high degree of uncertainty. Just like most organizations, the IEA relies on measurements and data collected by others. In absence of new and more comprehensive data, focus will shift towards outlining best practices for policy recommendations. The IEA seeks inputs from energy sector stakeholders in exploring the topic further.

Summary Addressing climate change is imperative and reducing methane emissions is one of the key measures that can help secure a peak in global GHG emissions by 2020 and thus provide a reasonable chance of limiting global warming by 2degC. Technologies for reducing methane emissions are available but action is required now to achieve a peak in emissions. Challenges ahead: The global and regional extent of methane emissions is still poorly understood. How can we tackle the more difficult and costly emission sources? Availability of cheap but reliable constant monitoring solutions? What remote sensing technologies can be used globally to identify major sources and track progress? The discussion and actions are progressing, albeit at a slow pace.

www.worldenergyoutlook.org