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Clean Energy Transitions Programme 2020
…pace of change toward the sustainable energy systems of the future, I remain more optimistic than ever about our prospects for success. The agency stands ready to continue supporting the IEA family under the CETP so that we deliver, together, a better energy future. 2020 was a critical year for the prospects of clean energy transitions worldwide. Since the emergence of the Covid-19 pandemic and ensuing economic crisis, the IEA has led calls for governments to both achieve a sustainable, resilient recovery and address the looming climate crisis.Throughout this challenging year, the Clean Energy Transitions Programme (CETP) played…
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E4 Country Profile: Energy Efficiency in China
…trends. The opportunities to increase energy efficiency based on the Efficient World Scenario are:In industry, where most of the energy savings in the EWS can be found, China could ramp up its coverage of less energy-intensive manufacturing sectors. Currently, the Top 10 000 Programme is only applicable to energy-intensive industrial sectors. Improving the efficiency of motor-driven systems will be central to realising efficiency gains in less energy-intensive manufacturing. Currently, China is working on improving its motors standards from IE2 to IE3.In transport, which represents over 30% of the energy savings potential in the EWS…
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The Role of China’s ETS in Power Sector Decarbonisation
…China’s energy-related CO2 emissions, the ETS is set to subsequently be expanded to other energy-intensive sectors. China’s national ETS could be an important market-based instrument to help the country meet its recently enhanced climate goals to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.
This report explores how China’s ETS can spur emissions reductions from electricity generation and support power sector transformation. It builds on understanding of power sector development and policy trends and relies on in-depth national and provincial scenario modelling of China’s power system from 2020… -
Climate Impacts on South and Southeast Asian Hydropower
…an increasing challenge to South and Southeast Asian hydropower with rising temperatures, extreme rainfall patterns, melting glaciers, and increasing occurrence of extreme weather events.This report aims to support South and Southeast Asian hydropower in coping with the adverse impacts of climate change and in developing a tailored set of climate resilience measures based on a comprehensive assessment of climate risks and impacts. This report qualitatively assesses climate risks to South and Southeast Asian hydropower and quantitatively examines potential climate impacts, comparing three climate scenarios. Based on the assessment, it identifies measures to enhance climate resilience and provides policy recommendations.
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Evolving Energy Service Companies in China
Evolving Energy Service Companies in China Energy service companies (ESCOs) deliver energy efficiency projects that are financed through the resulting energy cost savings. ESCOs can thus unlock energy efficiency action by addressing barriers related to funding and technical expertise. Despite their potential, many governments still struggle to stimulate development of a market for ESCOs. Evolving Energy Service Companies in People’s Republic of China, (“China” hereafter) provides an overview of how China has built the world’s largest and fastest growing ESCO market over the past decades. This report highlights how the government’s strategic measures to set up key…
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Oil 2021
…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, it could also have geopolitical implications and heighten the risk of supply…
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An energy sector roadmap to carbon neutrality in China
An energy sector roadmap to carbon neutrality in China In September 2020, President Xi Jinping announced that the People’s Republic of China will “aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060”. Amid the growing wave of governments around the world setting targets for reaching net zero emissions, no pledge is as significant as China’s. The country is the world’s largest energy consumer and carbon emitter, accounting for one-third of global CO2 emissions. The pace of China’s emissions reductions will be an important factor in global efforts to limit global…
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Fuel economy in China
…already in place. Phase IV took effect in 2016, setting a new sales fleet average fuel consumption target of 5.0 L/ 100 km for 2020. Currently China has Phase V standards in place, with fleet average targets set at 4.0 L/ 100 km (NEDC) by 2025 and 3.2 L/100 km by 2030.China’s CAFC scheme is linked to New Energy Vehicle (NEV) credits. In short, manufacturers can generate credits through the production of vehicles based on vehicle efficiency, electric range and vehicle weight to lower the stringency of CAFC targets.In 2009, labels showing fuel…