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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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Clean Energy Transitions Programme 2019
Annual report 2019 Since the launch of the Clean Energy Transitions Programme (CETP) in November 2017, the IEA has significantly expanded its work to help accelerate energy transitions in major emerging economies. The CETP has played a critical role in both helping to build global momentum for clean energy transitions and in further strengthening the IEA family.
The CETP Annual Report 2019 summarises the programme’s activities in 2019, highlighting major achievements, successes and outcomes, as well as identifying opportunities for further collaboration with partners and potential partners. It also highlights activities planned for 2020.
The report reflects on the…
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Global EV Outlook 2020
…It is developed with the support of the members of the Electric Vehicles Initiative (EVI). Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle and charging infrastructure deployment, ownership cost, energy use, carbon dioxide emissions and battery material demand.
This edition features case studies on transit bus electrification in Kolkata (India), Shenzhen (China), Santiago (Chile) and Helsinki (Finland). The report includes policy recommendations that incorporate learning from frontrunner markets to inform policy makers and stakeholders that consider policy frameworks and market systems for electric vehicle adoption.
This edition also features an…
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Coal 2020
…it experienced its largest drop in percentage terms and second-largest in absolute terms. In India, 2019 marked the first year in four decades in which coal-fired power generation declined, reflecting the country’s economic slowdown, above average hydropower output, and expanding wind and solar PV capacity. Only China and Southeast Asia saw significant growth in coal-fired power generation in 2019, but not enough to offset declines elsewhere. In China, growth in coal-fired power generation, increased steel production and shrinking coal use in small industrial and residential boilers resulted in an overall increase in coal consumption of…
- Demand
- Supply
- Trade
- Prices and costs
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+ 2 pages
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China’s Emissions Trading Scheme
…output, with a different benchmark for each fuel and technology. China’s ETS, set to expand to seven other sectors, will be the world’s largest by far, covering one-seventh of global CO2 emissions from fossil-fuel combustion.
The initial years of operation will be crucial to test the ETS’s design and establish trust. Given the dominance of coal power in China’s power sector and in its overall CO2 emissions, how the country’s fleet of coal-fired power plants is managed will be essential for China to meet its climate goals and other sustainable energy goals… -
Oil Market Report - February 2020
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 Global oil demand has been hit hard by the novel coronavirus (Covid-19) and the widespread shutdown of China’s economy. Demand is now expected to fall by 435 kb/d y-o-y in 1Q20, the first quarterly contraction in more than 10 years. We…
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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…economy. The International Monetary Fund expects the global economy to contract by 4.8% in 2020, while IEA analysis estimates that total energy demand will decline by 6% and oil demand by almost 8% this year.The lockdown measures imposed by governments around the world have tended to result in very sharp declines in energy use followed by dynamic recoveries as societies emerge from confinement, especially in China where the post-Covid recovery was fast both from a medical and economic point of view. The impact on different parts of the energy system has varied widely, depending on their role…