ECON 366: Energy Economics

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.title[
# ECON 366: Energy Economics
]
.subtitle[
## Topic 2.2: The Global Energy Economy
]
.author[
### Andrew Leach, Professor of Economics and Law
]
.date[
### <a href="mailto:aleach@ualberta.ca"><i class="fa fa-envelope fa-fw"></i> aleach@ualberta.ca</a> <br> <a href="https://github.com/leachandrew"><i class="fa fa-github fa-fw"></i> leachandrew</a><br><a href="https://twitter.com/andrew_leach"><i class="fa fa-twitter twitter"></i> <span class="citation">@andrew_leach</span></a><br>
]

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# Energy Scenarios
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<center>
<iframe width="800" height="500" src="https://www.youtube.com/embed/nwub4Bhr-aM" title="Shell Energy Scenarios" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</center>

.site_link[See [Shell Scenarios](https://www.shell.com/energy-and-innovation/the-energy-future/scenarios/what-are-scenarios.html) and added documentation]

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# Energy Scenarios
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<center>
<iframe width="800" height="500" src="https://www.youtube.com/embed/jQ2uIPeiEYQ" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></center>

.site_link[See [Shell Scenarios](https://www.shell.com/energy-and-innovation/the-energy-future/scenarios/what-are-scenarios.html) and added documentation]

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# Suncor Scenarios

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<img src="rivalry.png" width="870px" style="display: block; margin: auto;" />
<hr.space-1>
.site_link[See [Suncor Climate Report 2022](https://sustainability-prd-cdn.suncor.com/-/media/project/ros/shared/documents/climate-reports/2022-climate-report-en.pdf?modified=20221124191332&_ga=2.149371766.1972955240.1673409017-343812953.1673409016)]

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# Suncor Scenarios

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<img src="autonomy.png" width="870px" style="display: block; margin: auto;" />

.site_link[See [Suncor Climate Report 2022](https://sustainability-prd-cdn.suncor.com/-/media/project/ros/shared/documents/climate-reports/2022-climate-report-en.pdf?modified=20221124191332&_ga=2.149371766.1972955240.1673409017-343812953.1673409016)]

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# Suncor Scenarios

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<img src="discord.png" width="870px" style="display: block; margin: auto;" />

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# Suncor Scenarios

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<img src="suncor2c.png" width="840px" style="display: block; margin: auto;" />
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# Suncor Scenarios (PDF excerpt for reference)
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<embed src="suncor_2022_scenarios.pdf" width="1100px" height="540px" style="display: block; margin: auto;" type="application/pdf" />

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# IEA Scenarios
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<img src="iea_scenarios.png" width="820px" style="display: block; margin: auto;" />
.site_link[See [IEA Climate and Energy Modeling 2023](https://iea.blob.core.windows.net/assets/ff3a195d-762d-4284-8bb5-bd062d260cc5/GlobalEnergyandClimateModelDocumentation2023.pdf)]
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# IEA World Energy Outlook
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Uses STEPS, APS, and NZE scenarios. Read the Executive Summary and glance at Chapter 1.

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# IEA WEO: Net Zero
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<img src="weo23_emissions_temps.png" width="1000px" style="display: block; margin: auto;" />
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# IEA WEO: Net Zero TPES
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<img src="weo23_tpes.png" width="870px" style="display: block; margin: auto;" />
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# IEA WEO: Net Zero Power Generation
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<img src="weo23_power.png" width="900px" style="display: block; margin: auto;" />
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# IEA WEO: Net Zero Generating Capacity
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<img src="weo23_capacity.png" width="850px" style="display: block; margin: auto;" />
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# IEA WEO: Oil Prices and Quantities
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<img src="weo23_oil.png" width="920px" style="display: block; margin: auto;" />
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# IEA WEO: Oil Consumption
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<img src="weo23_oil_demand.png" width="920px" style="display: block; margin: auto;" />
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# IEA WEO: Gaseous Fuel Use
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<img src="weo23_gas.png" width="920px" style="display: block; margin: auto;" />
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# IEA WEO: Gaseous Fuel Use
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<img src="weo23_gas_region.png" width="900px" style="display: block; margin: auto;" />
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# IEA WEO: The Business Case for LNG
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<img src="lng.png" width="920px" style="display: block; margin: auto;" />
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# IEA WEO: Oil and Gas Investment
<hr.space-1>
<img src="weo23_investment.png" width="920px" style="display: block; margin: auto;" />

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# IEA WEO: Coal's Future (?)
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<img src="weo23_coal.png" width="920px" style="display: block; margin: auto;" />