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Renewables 2020
…the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more than compensates for declines in bioenergy for industry and biofuels for transport – mostly the result of lower economic activity. The net result is an overall increase of 1% in renewable energy demand…
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Boosting Efficiency in Latin America
…on securing energy supplies, it is equally important to take a hard look at the role of more efficient and flexible demand in securing affordable, reliable energy. There are several reasons for this. First, one of the fastest and cheapest options for short-term emergency situations is to reduce demand. Second, investments in more efficient technologies and practices can reduce risk over time while improving access to energy services, saving money and supporting efficient, less costly energy systems. Third, managing demand by improving efficiency and making loads more flexible is key to cost-effectively meeting decarbonisation goals. Decades of policies…
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Clean Energy Transitions Programme 2020
Annual report 2020 Since the launch of the Clean Energy Transitions Programme (CETP) in late 2017, the IEA has significantly expanded its work to help accelerate energy transitions in major emerging economies. The CETP is playing a critical role in supporting clean energy transitions, putting sustainable development at the heart of economic recovery measures and further strengthening the IEA family.
The CETP Annual Report 2020 highlights the programme’s main activities, presenting major outcomes and areas for further work as well as planned activities for 2021. It also summarises IEA activities related to clean energy transitions at a global level…
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Clean Energy Transitions Programme 2023
…The remarkable impact of the CETP’s work during this period was reflected in several notable achievements, including the announcement of a new set of fuel standards for trucks in Indonesia, the Energy Transition Plan in Uganda and the establishment of regulations for the spot electricity market in China. These and other policies announced in 2023 were all closely aligned with IEA recommendations and reinforced the Agency’s status as a trusted advisor to emerging and developing countries. The programme’s accomplishments also included the publication of the IEA’s first Latin America Energy Outlook and a World Energy Outlook…
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Energy Efficiency 2018
…economy standards. 16% of industry electricity use If all countries had adopted the strongest electric motor standards. $20 billion If everyone had purchased the top 10% most efficient refrigerators. The Efficient World Scenario So what will the world look like if between now and 2040 countries implemented all the economically viable energy efficiency potential that is available? The potential is demonstrated by the Efficient World Scenario developed by the IEA World Energy Outlook. The Efficient World Scenario (EWS) shows a world with 20% more people, 60% more building space and double the GDP, all for a marginal energy demand rise. The…
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Oil Market Report - January 2018
…stocks, supply issues in the North Sea and Libya, and geopolitical tensions. However, physical markets were softer and oil products failed to match the increases.Global refining throughput hit a record in 4Q17 at 81.5 mb/d, instead of falling seasonally. The US returned to pre-hurricane highs in December and China's refiners ran at their highest ever quarterly level. Margins suffered further from both product stock builds and the rally in crude oil prices. Highlights Demand estimates in 2017 and 2018 are roughly unchanged at 97.8 mb/d and 99.1 mb/d respectively. A 40 kb/d downward revision to 2016 demand, however…
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Towards a competitive natural gas market in Brazil
With domestic supply and demand expected to grow in the coming decades, the prospects for the natural gas industry in Brazil are promising. However, the legal and regulatory frameworks will need to evolve to allow the country to reap the benefits of a competitive gas market. Through its Gás para Crescer initiative, the Brazilian government sets a plan to liberalise the local market further, building on previous market reforms in the country. This report is the result of a peer-review and dialogue process between Brazil and IEA member country experts and draws on European gas market reform experiences to…
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Oil Market Report - July 2018
…In 1H19, the comparison with a strong 1H18 will see growth of close to 1.2 mb/d, accelerating to 1.6 mb/d in the second half. We expect growth of 1.4 mb/d in world oil demand in both 2018 and 2019, unchanged from last month's Report.Global oil supply rose by 370 kb/d in June mainly due to higher Saudi Arabian and Russian output as parties to the Vienna Agreement decided to achieve 100% compliance. OPEC crude production in June reached a four-month high of 31.87 mb/d. A surge from Saudi Arabia offset losses in Angola, Libya, and Venezuela…
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Latin America Energy Outlook 2023
…Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies and improve…
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Implementing Gas Market Reforms in Brazil
Insights from European experience The Novo Mercado de Gás (New Gas Market) reform programme is set to enhance the physical flexibility of the gas system, enable gas to be delivered more quickly, foster competition and facilitate the integration of a higher share of intermittent renewables into the Brazilian energy system. In the longer term, an open, competitive gas market can more easily adapt to a multi-gas system that includes and deploys low-carbon gases. At the request of the Brazilian government, the International Energy Agency (IEA) has been providing technical advice based on international experience to inform and shape the…