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Technology report
Feb 2019
China Power System Transformation
Assessing the benefit of optimised operations and advanced flexibility options Summary of the state of play of power system transformation (PST) in the People’s Republic of China China Power System Transformation has a two-fold objective. First, it provides a summary of the state of play of power system transformation (PST) in the People’s Republic of China (“China”) as well as a comprehensive discussion of PST internationally. This includes a comprehensive review of all possible sources of power system flexibility (power plants, grid infrastructure, storage, and demand side response) and a detailed discussion of market, policy, and regulatory…
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Technology report
Jun 2019
The Future of Cooling in China
…among others, will reduce the impact of rising cooling demand on China’s electricity system, unlocking benefits in terms of reduced power capacity investments, lower energy and maintenance costs, improved air quality and greater access to cooling comfort. Executive summary Energy demand for space cooling in buildings in the People’s Republic of China (“China”) is rising rapidly, placing strains on the electricity system and contributing to local air pollution and carbon dioxide (CO2) emissions. China saw the fastest growth worldwide in energy demand for space cooling in buildings over the last two decades, increasing at 13% per year since…
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Fuel report
Apr 2019
Oil Market Report - April 2019
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 Our global demand growth estimates for 2018 and 2019 are again unchanged at 1.3 mb/d and 1.4 mb/d, respectively. After a slow start to the year, OECD growth will be 0.3 mb/d, with non-OECD growing by 1.1 mb/d.Demand in China, India and…
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Fuel report
Feb 2019
Oil Market Report - February 2019
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 Our global demand estimate for 2018 is unchanged. Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d. China (0.44 mb/d), India (0.21 mb/d) and the US (0.54 mb/d) contributed 1.19 mb/d…
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Fuel report
Jul 2019
The Role of Gas in Today's Energy Transitions
…push to improve air quality.Gas has substituted for coal-fired industrial and residential boilers in many urban areas, but the case for switching in the power sector is less clear. There has been relatively less switching in Europe since 2010, with the notable exception of the United Kingdom.However today’s combination of low gas prices and higher CO2 prices in the European Union is giving this process renewed momentum.In India, gas currently has a small share of the energy mix.Large-scale switching has been held back by supply constraints and affordability issues, as well as a la...
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Fuel report
Jan 2019
Oil Market Report - January 2019
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 Our estimates for global oil demand growth in 2018 and 2019 are unchanged at 1.3 mb/d and 1.4 mb/d, respectively. The impact of higher oil prices in 2018 is fading, which will help offset lower economic growth.Non-OECD countries dominate oil demand growth in 2019, with…
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Fuel report
May 2019
Oil Market Report - May 2019
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 Our 2018 oil demand growth estimate has been revised down by 70 kb/d to 1.2 mb/d and our 2019 forecast is reduced by 90 kb/d to 1.3 mb/d. Revisions for 2018 impacted mainly non-OECD Asia and African countries. The 2019 revision is seen in OECD Asia in…
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Fuel report
Mar 2019
Oil Market Report - March 2019
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 growth slowed sharply in 4Q18 to 0.95 mb/d due to lower OECD demand, which declined by 0.3 mb/d year-on-year. Large falls were seen in Europe and Asia and there was slower growth in the Americas.Our global growth estimate for…
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Fuel report
Aug 2019
Oil Market Report - August 2019
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 demand fell 160 kb/d y-o-y in May, the second annual fall seen in 2019. In January to May it was up only 520 kb/d, the lowest increase for the period since 2008. Chinese oil demand was revised upwards, but India and the US…
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Article
21 Oct 2019
Does security of supply drive key biofuel markets in Asia?
Renewables 2019 Trends to watch number 1 Improving security of supply is a fundamental reason for the introduction of biofuel policy support in China, India and Indonesia, which in turn has raised production prospects. Combined, these countries account for 40% (15 billion litres) of biofuel production growth in the main case forecast (2019‑24).Crude oil import dependency is set to increase in all three countries over the forecast period, meaning that measures to reinforce security of supply are of paramount importance. China already overtook the United States as the largest crude oil importer in 2017, India’s oil demand is set…