Global Energy Outlook Assignment

Running head: GLOBAL ENERGY OUTLOOK
Global Energy Outlook
Name of the Student
Name of the University
Author Note

1GLOBAL ENERGY OUTLOOK
Table of Contents
1. Introduction......................................................................................................................2
2. Importance of global energy outlook...............................................................................2
3. The different energy policy and their impact of energy sustainability............................4
4. Conclusion.......................................................................................................................6
5. References........................................................................................................................8

2GLOBAL ENERGY OUTLOOK
1. Introduction
With the increase in the demand of the fuels and energy, along with the cutting subsides,
diversifying economy, growing investment, it is important to understand the world should
respond to the situation. The link between cheap oil and economic growth being broken, it is
interesting to understand the trend in growth and increasing use of renewable energy resources
(Teske et al. 2012). This would further contribute in stabilizing the oil prices and preservation of
the non-renewable sources of energy. With the advent of solar energy and shale oil, the prices of
the fossil fuels are sure to decrease. The depletion of the non-renewable resources of energy,
such as coal, petroleum and the increase in exploitation of natural resources is a global concern.
Therefore, it is important for different organizations to have a global energy outlook that would
help in the evaluation of the relationship between the organization and the countries (Pleßmann
et al. 2014). The report discusses the relevance of global energy outlook within contemporary
organization. The different energy policy frameworks with respect to the different elements of
energy sources are discussed in the report.
2. Importance of global energy outlook
With the increase in demand of the world energy that is set to rise by 52 percent over the
period of 2010 and 2035, the use of renewable energy resources such as solar energy, wind
energy, hydro and geothermal energy are expected to grow by 7 percent a year. The
organizations that are mainly based on consumption of huge amount of non-renewable energy
resources should have a global energy outlook (Coady et al. 2015). This is a key factor for
evaluation of the relationship between the organization and the countries. The increase in
consumption of the non-renewable resources of a country has an adverse effect on the economic