Spendings on Energy Efficiency Measures

This is quite an interesting Sankey diagram from the World Energy Outlook 2014. It visualizes international spending on energy efficiency measures in the transport sector under a hypothetical ‘New Policies Scenario’.

A total of 14.5 trillion US$ would be spent until 2040 to improve energy efficiency in the transport sector. The largest chunk (37%, 5.3 trillion US$) on improving private cars. This amount is further broken down to four geographic regions. The money would be spent mainly on improving the power train, and on development of light-weight components.

The underlying scenarios are described in detail at the beginning of the WEO-2014 study. The authors point out that “[f]or each scenario, we offer a set of internally consistent projections to 2040. None should be considered forecasts.”

“The New Policies Scenario is the central scenario of WEO-2014. It takes into account the policies and implementing measures affecting energy markets that had been adopted as of mid-2014, together with relevant policy proposals, even though specific measures needed to put them into effect have yet to be fully developed. These proposals include targets and programmes to support renewable energy, energy efficiency, and alternative fuels and vehicles, as well as commitments to reduce carbon emissions, reform energy subsidies and expand or phase out nuclear power.”