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World Energy Outlook 2017: China
…the dominant energy narrative on China concentrated on the extraordinary pace of its development, the country’s success in lifting hundreds of millions of its citizens out of poverty (including energy poverty), the scale of its industrialisation and its demand for energy resources, most notably for coal.While elements of this narrative remain true, the country is quickly changing course in the direction of a much more services-based economy and a much cleaner energy mix. This new direction will have consequences that are no less significant for China and the world than its earlier period of energy-intensive development…
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The Role of Gas in Today's Energy Transitions
World Energy Outlook special report This World Energy Outlook special report examines the role of fuel switching, primarily from coal to natural gas, to reduce emissions of carbon dioxide and air pollutants. Four case studies, covering the United States, the European Union, the People’s Republic of China, and India, reveal the various opportunities, hurdles and limits of fuel switching as a way to address environmental challenges. Natural gas is one of the mainstays of global energy. Where it replaces more polluting fuels, it improves air quality and limits emissions of carbon dioxide. In this analysis, we explore how widespread…
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Clean Energy Transitions Programme 2023
…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 Special Report on universal access to clean cooking in Africa. Additional highlights included annual updates of our World Energy Investment and World Energy Employment reports along with many others.The programme…
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A Vision for Clean Cooking Access for All
World Energy Outlook Special Report Nearly one in three people, the vast majority of them in the poorest regions of the world, still lack access to clean cooking facilities, with major ramifications for public health, local environments and socio-economic development. Inhaling hazardous smoke from traditional stoves and open fires causes millions of premature deaths annually, disproportionately affecting women and children. The arduous task of collecting firewood also hinders educational and employment opportunities and strains natural resources – compounding costs for vulnerable populations.The International Energy Agency (IEA) and the African Development Bank Group have joined forces to address this critical…
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China Power System Transformation
…However, the concept of power system flexibility is much broader. Apart from power plants, it can be provided by grid infrastructure, demand-side response, and electricity storage. Changes to market, policy, and regulatory frameworks are crucial for unlocking flexibility.Establishment of spot markets and trade between provinces are two of the main elements to promote power system transformation in China. Building on the World Energy Outlook (WEO) New Policies Scenario, modelling results indicate that if current efforts to implement economic dispatch, boost short-term inter-regional trading and expand transmission interconnectivity succeed, annual power system operational costs in 2035 can...
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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.
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Energy Efficiency 2018
…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 EWS also fully delivers the energy efficiency target of UN Sustainable Development Goal 7. All of the measures implemented in this scenario…
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Global EV Outlook 2020
…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 update on the performance and costs of batteries. It further extends the life cycle analysis conducted in Global EV Outlook 2019, assessing the technologies and policies that will be needed to ensure that EV battery end-of…
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Oil 2021
…more and more governments are focusing on the potential for a sustainable recovery as a way to accelerate momentum towards a low-carbon future. The outlook for oil demand has shifted lower as a result of these trends, raising the prospect of a peak sooner than previously expected if governments follow through with strong policies to hasten the shift to clean energy.These forces are creating a dilemma for oil-producing countries and companies that are reluctant to leave resources in the ground or build new capacity that could sit idle. But if this leads to a shortfall in investment…
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Oil Market Report - January 2023
…Refinery outages in the US lifted product cracks. Freight rates eased for large crude carriers but rose on product routes ahead of the EU embargo on Russian oil products. Risk management Two wild cards dominate the 2023 oil market outlook: Russia and China. This year could see oil demand rise by 1.9 mb/d to reach 101.7 mb/d, the highest ever, tightening the balances as Russian supply slows under the full impact of sanctions. China will drive nearly half this global demand growth even as the shape and speed of its reopening remains uncertain.Energy efficiency gains...
