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E4 Country Profile: Energy Efficiency in China
…that make China’s energy efficiency policy coverage well above the global average. Policy coverage for buildings includes China’s building codes and comprehensive appliance standards. These have been crucial to limiting the increase in energy use resulting from high rates of construction and higher rates of appliance ownership. Energy efficiency opportunities China has enormous energy efficiency improvement potential according to the IEA’s Efficient World Scenario (EWS). Ensuring that China seizes all efficiency opportunities in a cost-effective manner will be crucial for both China and the world’s transition to low-carbon energy.Energy consumption could reach a…
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Energy Transitions Require Innovation in Power System Planning
…supply peaks. In short, it is not sufficient to look only at the system's ability to stay balanced during selected tight moments. This article explores how system planning, and in particular assessments of system adequacy, will need to innovate and evolve to allow power systems to keep delivering secure and affordable electricity supply during energy transitions. It draws on modelling of the Chinese power system undertaken by the IEA. System planning is getting more complex Shifting away from centralised thermal power plants as the main providers of electricity makes power systems more complex. Multiple services are needed to maintain...
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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…economy. The International Monetary Fund expects the global economy to contract by 4.8% in 2020, while IEA analysis estimates that total energy demand will decline by 6% and oil demand by almost 8% this year.The lockdown measures imposed by governments around the world have tended to result in very sharp declines in energy use followed by dynamic recoveries as societies emerge from confinement, especially in China where the post-Covid recovery was fast both from a medical and economic point of view. The impact on different parts of the energy system has varied widely, depending on their role…
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Does security of supply drive key biofuel markets in Asia?
…cause domestic supplies to meet a higher share of fuel demand from road transport in 2024.Nevertheless, security of supply is not the sole motivation for biofuel policy support. In China, India and Indonesia, supporting demand for nationally important agricultural commodities has also been a key factor in the introduction of mandate policies.In energy terms, biodiesel consumption in Indonesia already resulted in a notably higher share of domestically produced fuel supplies in 2017. By 2024, its contribution could expand to offset 17% of diesel demand. If vehicle testing results indicate that it is possible to use B30 fuel (30%…
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Clean Energy Transitions Programme 2021
…Latin America, the People’s Republic of China, India, Indonesia, Southeast Asia and Africa). It then discusses cross-cutting activities, implemented globally.Recognising the excellent results achieved under the CETP, which are presented in the Annual Report 2021 and previous editions, at the IEA Ministerial Meeting in March 2022 representatives from 15 IEA member countries and the European Commission, on behalf of the European Union, reaffirmed their commitment through the CETP to further strengthen IEA capabilities to accelerate the transformation towards a global net zero energy system, in line with the IEA’s strengthened clean energy mandates and Programme of Work.
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World Energy Outlook 2012
World Energy Outlook 2012 Industry and government decision makers and others with a stake in the energy sector all need WEO 2012. It presents authoritative projections of energy trends through to 2035 and insights into what they mean for energy security, environmental sustainability and economic development. Oil, coal, natural gas, renewables and nuclear power are all covered, together with an update on climate change issues. Global energy demand, production, trade, investment and carbon-dioxide emissions are broken down by region or country, by fuel and by sector. Special strategic analyses cover: what unlocking the purely economic potential for energy efficiency could do, country-by-country and sector-by…
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Oil Market Report - December 2017
…demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb…
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Iraq Energy Outlook 2012
…increase its oil production vastly. Contracts are already in place.Will Iraq’s ambitions be realised? And what would the implications be for Iraq’s economy and for world oil markets? The obstacles are formidable: political, logistical, legal, regulatory, financial, lack of security and sufficient skilled labour. One example: in 2011 grid electricity could meet only 55% of demand. The IEA has studied these issues with the support and close co-operation of the government of Iraq and many other leading officials, commentators, industry representatives and international experts. This special report, in the World Energy Outlook series, presents the findings.
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Oil Market Report - February 2018
…inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil supply in January edged lower to 97.7 mb/d but was 1.5 mb/d above last year as rebounding US production underpinned non-OPEC output growth.OPEC crude oil production in January was steady month-on-month (m-o-m) at 32.16 mb/d. Higher Nigerian output offset losses elsewhere. Compliance with supply cuts reached a new high of 137%.Non-OPEC output dropped by 175 kb/d in January, to 58.6 mb/d, but was 1…
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World Energy Outlook 2017: China
…total generation falls from two-thirds today to less than 40% in 2040 as a result.The rise of electricity and natural gas is closely connected in the industrial and residential sectors, as these energy sources provide a good match for the needs of lighter industrial sectors and for a population increasingly concerned about local air quality.China also increases the direct use of renewables in end-use sectors, via bioenergy in industry, solar thermal for heating and biofuels for transport. By 2040, electricity becomes the leading source of final energy consumption in China, overtaking coal in the late 2020s…