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Country report
Nov 2017
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…
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Fuel report
Jun 2017
Oil Market Report - June 2017
…a whole our outlook remains unchanged at 1.3 mb/d. In 2018, growth increases modestly to 1.4 mb/d as demand reaches a record 99.3 mb/d.Global oil supply rose by 585 kb/d in May to 96.69 mb/d as both OPEC and non-OPEC countries produced more. Output stood 1.25 mb/d above a year ago, the highest annual increase since February 2016. Gains were dominated by non-OPEC, particularly the US.OPEC crude output rose by 290 kb/d in May to 32.08 mb/d, the highest level so far this year, after comebacks in Libya and Nigeria…
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Fuel report
Feb 2017
Oil Market Report - February 2017
…leading to record initial compliance of 90% with the output agreement. Some producers, including Saudi Arabia, cut supply by more than required. Lower production was partly offset by higher flows from Libya and Nigeria, which are exempt from cuts.After falling by 0.8 mb/d last year, non-OPEC output will grow by 0.4 mb/d in 2017.Growth is mainly in the Americas, where higher prices are fuelling increased investments in US LTO activity and long lead-time projects are coming on stream in Brazil and Canada.OECD total oil stocks fell nearly 800 kb/d in…
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Fuel report
Oct 2017
Oil Market Report - October 2017
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Following very strong year-on-year demand growth of 2.2 mb/d in 2Q17, the pace slowed to 1.2 mb/d in 3Q17, reflecting relatively weak July and August data and the impact of hurricanes in September. Our forecast of global demand growth remains unchanged at…
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Fuel report
Nov 2017
Oil Market Report - November 2017
…Non-OPEC supply is expected to rise by 0.7 mb/d in 2017 and 1.4 mb/d next year, led by higher US output.OPEC crude output fell 80 kb/d in October due mainly to lower supply from Algeria, Iraq, and Nigeria. Output of 32.53 mb/d, the lowest since May, was down 830 kb/d from the record rates seen a year ago. The compliance rate with supply cuts in October was 96% and for the year-to-date it was 87%.Hurricane Harvey contributed to OECD industry stocks falling by 40 mb in September to below 3 000 mb for the first time…
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Country report
Oct 2017
Prospects for Distributed Energy Systems in China
Industrial restructuring and diversification of energy demand are accelerating in the People’s Republic of China. In addition, driven by resource and environmental constraints, as well as pressure to reduce carbon emissions, China’s primary energy consumption structure is expected to shift in coming decades. This transition is an opportunity for the increased adoption of distributed energy systems. Against this background, it is timely to take stock of what distributed energy means in the 21st century, where its application in China stands today and what its future prospects are.This report aims to provide a step in this direction; it…
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Fuel report
May 2017
Oil Market Report - May 2017
…96.17 mb/d, output stood 90 kb/d below a year ago, even as non-OPEC returned to growth. Non-OPEC supply is set to increase 600 kb/d in 2017.OPEC crude production rose by 65 kb/d in April to 31.78 mb/d as higher output from Nigeria and Saudi Arabia more than offset lower flows from Libya and Iran. Crude production was down 535 kb/d compared to April 2016. Year-to-date compliance with production cuts remained robust at 96%.OECD commercial stocks decreased for a second straight month in March, by 32.9 mb (1.1 mb/d), to 3 025 mb. Product…
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Country report
Dec 2017
District Energy Systems in China
…it consumed more energy than the entire United Kingdom. While progress is being made, the total impact of energy use and emissions from district heating and even district cooling – on the Chinese economy, on local air quality and health, and on the overall well-being of China’s population – is nevertheless significant. China has great opportunities of lowering the environmental footprint of its district energy system. While the country has pursued assertive public policy decisions in recent years, it is essential to elevate cleaner, energy-efficient district energy as a priority for action so that policy development and implementation can…
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Country report
Apr 2017
Cleaner Coal in China
…this populous nation faces as it further develops an already thriving economy largely fuelled by coal. This study sheds light on the Chinese coal supply and transformation sectors. China’s coal, mined locally and available at a relatively low cost, has brought enormous benefits to energy consumers in China and to those outside the country who enjoy the products of its coal-based economy. Yet from another perspective, China’s coal use has a high cost.
Despite progress, health and safety in the thousands of small coal mines lag far behind the standards achieved in China’s modern, large mines…