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Glossary Glossary

The following definitions reflect those used by the International Energy Agency (IEA); definitions used by other organisations and publications may vary.

WEO

World Energy Outlook (IEA publication)

WTI

West Texas Intermediate (crude oil category)

WTT

well-to-tank

WTW

well-to-wheel

WEM

a large-scale mathematical construct designed to replicate how energy markets function and is the principal tool used to generate detailed sector-by-sector and region-by region projections for various scenarios.

W

watt (1 joule per second)