International Energy Agency's Medium-Term Renewable Energy and Natural Gas Market Reports 2012

The CSIS Energy and National Security Program hosted Didier Houssin, Director of Energy Markets and Security, Anne-Sophie Corbeau,Senior Natural Gas Analyst, and Michael Waldron, Senior Renewable Energy Analyst, of the International Energy Agency (IEA) to present the IEA's Medium-Term Natural Gas Report 2012 along with its new annual publication, the Medium-Term Renewable Energy Report. Guy Caruso, Senior Adviser, CSIS Energy and National Security Program, will moderate.

This new annual Medium-Term Renewable Energy Market Report 2012, provides a key benchmark in renewable energy markets. The first edition focuses on renewable electricity. It assesses the current state of play of renewable energy, identifies the main drivers and barriers to deployment and projects renewable electricity capacity and generation through 2017. Starting with an in-depth analysis of key country-level markets, the report examines the prospects for renewable energy finance and provides a global outlook for each renewable electricity technology. The report analyses enablers and barriers to renewable energy deployment in detail, examining larger electricity market issues that have implications for renewable development, including country-level demand projections, anticipated changes in conventional generating capacity and power system integration.

The Medium-Term Gas Market Report reviews how gas markets met the challenges of 2011, from the consequences of the Fukushima incident to the unrest in the Middle East and North Africa to a further deteriorating economy. It gives detailed gas supply, demand and trade forecasts up to 2017, by region as well as for key countries. Amid a fragile economy and widely diverging regional gas prices, the report provides an in-depth look at future changes in trade patterns as markets absorb a second wave of LNG supply. While investigating many of today’s crucial questions, the Medium-Term Gas Market Report tests the upper limit of gas demand in the United States, analyses European gas consumption’s struggle to recover, and assesses the potential of new suppliers.