World Energy Outlook 2023

On 24th October, 2023, the International Energy Agency (IEA) released its World Energy Outlook 2023 report which provides in-depth analysis and strategic insights into every aspect of the global energy system.

Major Findings

  • Extreme volatility in energy markets during the global energy crisis has highlighted the importance of affordable, reliable and resilient supply, especially in price-sensitive developing economies that see the largest increase in demand for energy services.
  • Continued fighting in Ukraine, more than a year after Russia’s invasion, is now accompanied by the risk of protracted conflict in the Middle East.
  • Against this complex backdrop, the emergence of a new ....
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