{"id":4337,"date":"2025-12-17T09:00:29","date_gmt":"2025-12-17T17:00:29","guid":{"rendered":"https:\/\/xenetwork.org\/ets\/?post_type=xen_episodes&#038;p=4337"},"modified":"2025-12-26T17:51:20","modified_gmt":"2025-12-27T01:51:20","slug":"episode-265-world-energy-outlook-2025","status":"publish","type":"xen_episodes","link":"https:\/\/xenetwork.org\/ets\/episodes\/episode-265-world-energy-outlook-2025\/","title":{"rendered":"[Episode #265] \u2013 IEA World Energy Outlook 2025"},"content":{"rendered":"<p>In November, the International Energy Agency (IEA) released its annual World Energy Outlook (WEO) report. It was greeted with cheers from the fossil fuel industry and jeers from energy transitionistas, but there is much more to the report than either camp's narratives suggest. So Chris returned to IEA headquarters in Paris to discuss the WEO with lead author Tim Gould, as he has done for the past two years (<a href=\"https:\/\/energytransitionshow.com\/215\">Episode #215<\/a> and <a href=\"https:\/\/energytransitionshow.com\/248\">Episode #248<\/a>), to get the story straight from the source.<\/p>\n<p>What he found is that the revived Current Policies Scenario (CPS) shows what could happen if the energy transition is stopped in its tracks and fossil fuel demand continues to grow, as the Trump administration has stated it would like to see. While other scenarios explore continued progress in energy transition consistent with recent reports, where oil demand still peaks around 2030, and coal demand falls before the decade ends.<\/p>\n<p>The report's updated global data tells another story. The oil industry spends $550 billion annually on upstream development, and 90% of that just keeps production flat. Meanwhile, 45% of new heavy freight trucks sold in China this year run on electricity or LNG, not diesel. And in the Middle East, solar is increasingly displacing oil for electricity generation and desalination of water. In Saudi Arabia alone, this could free up over a million barrels of daily consumption.<\/p>\n<p>In fact, in this year's report, IEA declares that \"the Age of Electricity is here.\" For the first time, more than half of all energy sector investment is flowing into electricity. Renewables grow \"faster than any other major energy source in all scenarios.\"<\/p>\n<p>The picture is clear: the energy transition is still going strong.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chris returns to Paris to interview co-lead Tim Gould about the new World Energy Outlook 2025 report, and to explore the futures it contemplates. <\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[1315,1316,21,729,5,261,675,93,223,24,1314,64,60,45,1313],"class_list":["post-4337","xen_episodes","type-xen_episodes","status-publish","hentry","category-energy-transition-show-podcasts","tag-blackout","tag-clean-cooking","tag-coal","tag-electrification","tag-energy-access","tag-gas","tag-iea","tag-nuclear","tag-oil","tag-policy","tag-portugal","tag-solar","tag-spain","tag-wind","tag-world-energy-outlook","xen_guests-tim-gould"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>[Episode #265] \u2013 IEA World Energy Outlook 2025 | The Energy Transition Show<\/title>\n<meta name=\"description\" content=\"Chris returns to Paris to interview co-lead Tim Gould about the new World Energy Outlook 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