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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…with profound implications for energy systems around the world. In China, a sharp decline of both oil and electricity consumption followed by a dynamic recovery tested the flexibility of the energy system, but further actions will be needed to improve resilience and sustainability. This article examines opportunities for dedicated policy measures that could help reduce environmental impacts once energy use rebounds after the crisis. The continuing and systematic implementation of China’s reform process can help its economic recovery and also lead to a more secure, efficient and clean energy sector. Managing an unparalleled shock to energy demand The economic…
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China’s Emissions Trading Scheme
…units experience a deficit or a surplus of allowances. The report also looks at how these impacts will be distributed across provinces and companies. The report suggests how the ETS design could evolve to play a more central role in driving China’s energy transition. Key findings China’s emissions trading scheme, the world’s largest 2020 is proving a watershed year for the development of China’s energy system. The vital work of setting targets and priorities for the 14th Five-Year Plan (2021-25) would have been challenging enough, without the myriad impacts from the emergence of Covid…
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Renewables 2020
…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 in 2020. Despite looming…
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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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Coal 2020
…is highlighted. In addition, Coal 2020 includes forecasts of coal demand, production and trade by region and coal grade, and a compilation of coal mining projects in the main exporting countries in its annexes. Coal 2020 is an integral component of the International Energy Agency’s annual market report series that also includes oil, natural gas, renewables, electricity and energy efficiency. Executive summary An electricity-driven decline in coal demand in 2019 In 2019, global coal demand decreased 1.8% after two years of growth. Power generation from coal declined 3%, and coal use in industry increased only slightly. Two…
- Demand
- Supply
- Trade
- Prices and costs
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Global EV Outlook 2020
…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 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…
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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…
