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Renewables 2020
…defy Covid to set new record Driven by China and the United States, net installed renewable capacity will grow by nearly 4% globally in 2020, reaching almost 200 GW. Higher additions of wind and hydropower are taking global renewable capacity additions to a new record this year, accounting for almost 90% of the increase in total power capacity worldwide. Solar PV growth is expected to remain stable as a faster expansion of utility-scale projects compensates for the decline in rooftop additions resulting from individuals and companies reprioritising investments. Wind and solar PV additions are set to jump by 30%…
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Energy Efficiency 2018
Analysis and outlooks to 2040 Energy efficiency can bring significant economic, social and environmental benefits. But while energy efficiency is improving around the world, its positive impact on global energy use is overwhelmed by rising economic activity across all sectors. Efficiency can enable economic growth, reduce emissions and improve energy security. The right efficiency policies could enable the world to achieve more than 40% of the emissions cuts needed to reach its climate goals without new technology. Energy Efficiency 2018 looks at why efficiency’s massive potential remains untapped, and through the new Efficient World Scenario explores what would happen if countries maximized…
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Oil Market Report - October 2024
…September as gasoline, jet and diesel cracks deteriorated while crude prices improved on a relatively tighter market. As a result, global crude run estimates are further reduced by 180 kb/d to 82.8 mb/d for 2024 and by 210 kb/d to 83.4 mb/d in 2025, representing annual gains of 540 kb/d and 610 kb/d, respectively.Observed global oil inventories declined by 22.3 mb in August, led by a 16.5 mb draw in crude oil stocks. OECD industry stocks fell counter-seasonally by 13.4 mb to 2 811 mb, 102.7…
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Oil Market Report - June 2019
…Norway. In May, global oil supply eased by 0.1 mb/d to 99.5 mb/d, down 2.8 mb/d from the November peak.The call on OPEC crude drops to 29.3 mb/d in 2020, 650 kb/d below the May output level. OPEC supply fell to its lowest since 2014 as Iranian supply plunged due to sanctions and on lower Saudi and Nigerian output. OPEC's effective spare capacity was 3.2 mb/d.Global refinery throughput in May was at its lowest level in two years on maintenance and unplanned outages. By August, refinery runs could be more than 4 mb/d higher…
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Oil Market Report - August 2019
…d, respectively.Global oil supply held steady in July above 100 mb/d, but fell below year earlier levels for the first time since November 2017. Robust compliance with OPEC+ supply cuts and losses from Venezuela and Iran saw OPEC oil production fall by 2 mb/d versus July 2018. Non-OPEC supply was up 1.4 mb/d y-o-y in July and is set to grow by 1.9 mb/d in 2019 and 2.2 mb/d next year.After a year-on-year fall in 1H19, global refining throughput is expected to pick up in the second half of the year…
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Clean Energy Transitions Programme 2021
Annual report 2021 The Clean Energy Transitions Programme (CETP) has enabled the International Energy Agency (IEA) to significantly expand and deepen its global engagement and to support emerging economies’ transition to clean, resilient, sustainable energy systems. In 2021 the CETP marked its fourth full year since its launch at the 2017 IEA Ministerial Meeting, and the programme has steadily grown in size and impact.The CETP Annual Report 2021 aims to provide all CETP donors and partners with insights on the programme’s accomplishments, outputs and efforts across all areas of work. The report highlights activities and achievements for each…
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Energy Policies Beyond IEA Countries: Mexico 2017
This first review of Mexico’s energy policies by the IEA comes at a momentous time for the country’s energy sector. The broad-based Energy Reform, beginning with the Constitutional changes of December 2013, has continued at a steady and impressive pace. Its reach and scope amounts to one of the most ambitious energy system transformations in decades. Starting from a largely closed and monopoly-driven energy market, the reform has taken concrete steps to harness market forces to attract investments and increase production while ensuring transparency and rule of law, improving energy security and strengthening the environmental sustainability…
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Oil Market Report - October 2018
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 The forecast for demand growth in 2018 and 2019 has been reduced for both years by 110 kb/d to 1.3 mb/d and 1.4 mb/d, respectively. This is due to a weaker economic outlook, trade concerns, higher oil prices and a revision to Chinese data.OECD demand…
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Implementing Clean Energy Transitions
Focus on road transport in emerging economies This report assesses the impact of the road transport sector on energy demand, CO2 emissions and air pollution in several selected major emerging economies over the coming decades under several IEA modelling scenarios. Most notably the Announced Pledges Scenario (APS) aims to show to what extent announced ambitions and targets, including the most recent ones, are on the path to deliver emissions reductions required to achieve net zero emissions by 2050.Bringing about a road transport decarbonisation pathway in line with the APS in the selected major emerging economies - Brazil, People’s Republic…
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Oil Market Report - November 2018
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 The outlook for global oil demand growth is largely unchanged at 1.3 mb/d in 2018 and 1.4 mb/d in 2019, as a weaker economy is largely offset by lower oil prices. OECD demand is expected to increase by 355 kb/d in 2018, slowing to 285 kb…