Wednesday, November 16, 2005

New IEA Report

Eric McErlain from NEI Nuclear Notes dropped me a line today pointing out this new International Energy Agency report (PDF). Nuclear energy plays an increasingly large role in the report, though they continue to believe that, absent any changes in energy use patterns, world oil production will be 115 Mbpd in 2030, a number I have a very hard time believing is possible. To arrive at that figure, increases in production for Kuwait, Saudi Arabia, and Iraq are all anticipated, interesting considering Kuwait may have peaked already.