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Oil Market Report - March 2017
…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/d in February as OPEC and non-OPEC producers pumped more. At 96.52 mb/d, world oil production stood 170 kb/d below a year ago. OPEC posted a year-on-year decline for the second month running. In 2017 non-OPEC output is set to rise 0.4 mb/d to 58.1 mb/d.OPEC crude output rose by 170 kb/d in February to…
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Oil Market Report - February 2019
…with Saudi Arabia, UAE and Kuwait cutting by more than promised. Compliance by non-OPEC participants was only 25%.In December, global refining throughput fell 0.7 mb/d y-o-y instead of an expected increase due to lower activity in Asia's four largest refiners: China, India, Japan and Korea. Our 2019 forecast is unchanged, with runs expected to grow by 1.2 mb/d.At end-December, OECD oil company stocks were 5.6 mb below the November level at 2 858 mb, up 4.6 mb compared with end-2017. The major stock build in 2H18 was in non-OECD countries. Government stocks drew in…
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Energy Policies of IEA Countries: Germany 2002
Energy Policy Review Energy Policies of IEA Countries: Germany 2002 The International Energy Agency's 2002 review of Germany's energy policies and programmes. This edition finds that Germany is pursuing several ambitious objectives in its energy policy, notably cutting greenhouse gas emissions and fully liberalising the electricity and gas markets, while phasing out nuclear power.
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Germany 2025
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions and combatting the climate crisis. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Germany and the IEA. It draws…
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Biofuel Policy in Brazil, India and the United States
Insights for the Global Biofuel Alliance As part of its G20 presidency, India has proposed a Global Biofuel Alliance (GBA) to bring countries together to expand and create new markets for sustainable biofuels. The sharing of best practices, the technical support and the capacity building that the GBA would bring are welcome additions to international efforts to expand sustainable biofuel production and use, a key step to decarbonising transportation and heat services with secure and affordable energy supplies. This report aims to inform and focus the Alliance’s work by sharing biofuel policy insights from Brazil, India and the United…
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Energy Policies of IEA Countries: Germany 2007
Energy Policy Review Energy Policies of IEA Countries: Germany 2007 Few countries can have as great an impact on energy policy in Europe as Germany. Its large size and strategic location make it a critical component of the region’s energy markets – as a result, sound energy policies and strong energy market design are a necessity. In these respects, Germany continues to make notable progress. The country has continued to reform its electricity and natural gas markets, set a timetable to phase out coal subsidies, is meeting key climate and environmental targets and is bringing energy, efficiency and environment to…
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United States 2024
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions and combatting the climate crisis. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of the United States and the IEA…
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Energy Policies of IEA Countries: United States 2002
Energy Policy Review Energy Policies of IEA Countries: United States 2002 The International Energy Agency's 2002 review of US energy policies and programmes. It finds that US energy policy has an influence on energy policy throughout the world. The 2001 National Energy Policy is an important development. The US is taking unilateral action as an alternative to the Kyoto Protocol. This report urges consideration of legislation on carbon dioxide and adoption of policies allowing international trading in emissions. Strengthening fuel economy standards is an encouraging approach to energy use in transport. Different standards for cars and light trucks should…
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Energy Policies of IEA Countries: Germany 2013 Review
Since the 2007 IEA review of Germany’s energy policies, the country has taken two fundamental policy decisions that will guide its energy policy in coming decades: the federal government adopted the Energy Concept, a comprehensive new strategy for a long-term integrated energy pathway to 2050; and, following the Fukushima Daiichi nuclear accident in March 2011, Germany decided to accelerate the phase-out of nuclear power by 2022 starting with the immediate closure of the eight oldest plants. This decision resulted in the adoption of a suite of new policy measures and determined renewable energy as the cornerstone of…
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Energy Policies of IEA Countries: United States 2007
Energy Policy Review Energy Policies of IEA Countries: United States 2007 The United States is the largest economy and energy user in the world. Significant developments have taken place in its energy policy since the last IEA review in 2002. Most important is the Energy Policy Act 2005 – a comprehensive energy legislation which has set new directions, including opening the way for a nuclear renaissance. Two closely connected challenges shape all debates on the nation’s energy policy path: how to increase security by reducing the dependence on imported supplies; and how to address growing emissions of greenhouse gases. The…