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Energy Policies of IEA Countries: Republic of Korea 2002
…the 26th Member of the IEA and when the country’s energy policies are being substantially reformed, to mobilise investments and increase efficiency.
The report brings information on all energy sectors (oil, gas, coal, nuclear, electricity, renewables) showing what role different energy sources could play in the context of a heavily dependency on external sources of energy.
The report analyses the effect of efficiency measures to reduce the energy intensity of the Korean economy, still one of the highest of the IEA countries.
A special attention is paid to the assessment of the energy policy reforms currently unfolding in Korea… -
Korea 2020
…IEA countries. The Korean government is committed to advance the country’s energy transition by increasing the share of renewable electricity to 20% by 2030 and to 30-35% by 2040, to gradually phase-out coal and nuclear from the energy mix while significantly improving energy efficiency, and by fostering the country’s nascent hydrogen industry. Under the Paris Agreement, Korea is committed to limit its emissions to 536 million tonnes carbon dioxide equivalent (Mt CO2-eq) in 2030; in 2018, emissions were 709 Mt CO2-eq.Reaching these ambitious targets will require Korea to substantially enhance decarbonisation efforts across all energy sectors…
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Oil Market Report - March 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 Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb…
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Energy Policies of IEA Countries: The Republic of Korea 2006
…enhancement of its policy goals – adding economic efficiency and environmental sustainability to energy security – is commendable. Building on the liberalisation of its economy, the Republic of Korea set out an ambitious plan for reform of its state-controlled natural gas and electricity industries. However, the plans have been stalled and there is currently little vision for effective reform going forward. As the economy makes the transition to one with less phenomenal, more sustainable and less predictable growth, the IEA encourages the Republic of Korea to press forward with liberalisation in order to underpin a more flexible and efficient energy sector…
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Energy Policies of IEA Countries: France 2004
Energy Policy Review Energy Policies of IEA Countries: France 2004 The International Energy Agency's comprehensive review of France's energy policies and programmes for 2004. It finds that French energy policy – traditionally characterised by centralisation and strong government involvement – has been largely successful in achieving energy security, environmental protection and economic efficiency. The country must now adapt to a changing European energy context in which competition and an increased international scope will play important roles. Note : Les “Conclusions et recommandations-Synthèse” (9 pages) sont en français dans la publication.
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Renewables 2020
…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% in both the People’s Republic of China (“China”) and the United States as developers rush to complete projects before changes in policy take effect.The renewables industry has adapted quickly to the challenges of the Covid crisis. We have revised the IEA forecast for global renewable capacity additions in 2020 upwards by 18% from our previous update in May. Supply chain disruptions and construction delays slowed the progress of renewable energy projects i...
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Oil Market Report - February 2019
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 Our global demand estimate for 2018 is unchanged. Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d. China (0.44 mb/d), India (0.21 mb/d) and the US (0.54 mb/d) contributed 1.19 mb/d…
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Energy Policies of IEA Countries: France 2009 Review
…buildings sectors increased from 1990 to 2008. Effective implementation of the announced policies and measures will be imperative for meeting France’s international and national commitments. In the electricity sector, the co-existence of regulated tariffs and market prices may impede mobilising the investment needed for maintenance and life extensions of nuclear power plants. The country also needs to boost the flexibility of electricity networks in order to achieve a structural balance between base load generation and increasing demand for peak-load.
This review analyses the energy challenges facing France and provides sectoral critiques and recommendations for further policy improvements. -
Korea Electricity Security Review
…electricity in total final energy consumption is projected to increase from around 20% today to more than 30% by 2040. Objectives for greater deployment of hydrogen in energy systems will also rely on additional electricity demand.These developments require policy makers to think about electricity security, which is the power system’s capability to ensure uninterrupted availability of electricity by withstanding and recovering from disturbances. The IEA looks at electricity security from three angles: adequacy, operational security and resilience. These three building blocks underpin each section of this report. Jointly written by the IEA and the Korean Energy Economics Institute …
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Reforming Korea's Electricity Market for Net Zero
…the emissions implications of the plans laid out in Korea’s 9th Basic Plan for Long-Term Electricity Supply and Demand and the Carbon Neutral Strategy published in 2021. The analysis includes a scenario elaborated by the IEA, based on the World Energy Outlook's Announced Pledges Scenario for 2035, to analyse potential for further market improvements.This analysis covers market improvements in areas such as carbon pricing, market price enhancements that better reward low-emissions technologies and security of supply, and market access reforms to ensure the participation of a wider range of new technologies and distributed energy resources.