-
Clean Energy Transitions in the Sahel
…regional and other international entities. The aim is to support a sustainable and an accelerated regional energy system transformation using a varied mix of technologies, in order to help achieve the UN’s Sustainable Development Goal 7 (SDG 7), promote increased energy security and affordability, and accelerate the development of clean energy systems across Africa. As the Covid-19 crisis continues to affect economies and energy systems across the world, the IEA aims to support African countries in their efforts to stimulate economic recovery from the crisis in which the energy sector transformation plays a catalytic role.
Building on this…
-
The Covid-19 crisis is reversing progress on energy access in Africa
…individual households. The health crisis has forced governments to shift their immediate priorities to purely emergency measures, resulting in a lack of financing available for expanding and improving electricity infrastructure. In Uganda, for instance, public subsidies for the electricity access programme have been put on hold, while in South Africa, authorities had to redirect funds to health and welfare programmes and facilities at the expense of expanding rural electrification.Furthermore, private companies deploying decentralised energy solutions like solar home systems and mini-grids have faced operational and financial challenges because of the pandemic. In large countries like Ethiopia, lockdown measures…
-
Senegal Energy Outlook
…population currently still lacking access. Senegal fossil fuel demand and production by scenario to 2040 Senegal is not a fossil fuel producer today, but major gas discoveries are expected to change the picture and to lead to gas production of 9.5 bcm in 2040 in the STEPS.The greater availability of gas helps displace oil use in power generation in domestic markets while also bringing considerable export revenues. Energy investment needs amount to $33 billion through to 2040 in the STEPS, mainly to unlock the potential for gas, expand power networks and increase electricity access.The AC sees this…
-
Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
-
Senegal Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.
-
Energy Policies of IEA Countries: United States 2007
Energy Policy Review Energy Policies of IEA Countries: United States 2007 The United States is the largest economy and energy user in the world. Significant developments have taken place in its energy policy since the last IEA review in 2002. Most important is the Energy Policy Act 2005 – a comprehensive energy legislation which has set new directions, including opening the way for a nuclear renaissance. Two closely connected challenges shape all debates on the nation’s energy policy path: how to increase security by reducing the dependence on imported supplies; and how to address growing emissions of greenhouse gases. The…
-
Energy Policies of IEA Countries: The United States 2014 Review
Since the last IEA review of the United States was published in 2008, the country’s energy policy landscape has fundamentally changed. In many aspects there have been significant improvements, and the country is in a strong position to deliver a reliable, affordable and environmentally sustainable energy system. The most obvious change has been the renaissance of oil and gas production: the growth in unconventional gas production, alongside increased output of light tight oil, is making a substantial contribution to economic activity and competitiveness. Conversely, the expansion in energy production is also raising unease on environmental and safety grounds, concerns…
-
Energy Policies of IEA Countries: United States 2002
…economy standards is an encouraging approach to energy use in transport. Different standards for cars and light trucks should be addressed as a priority. Policies to promote new sources of energy supply should be balanced by continuing effort to enhance efficient use of energy. Regional Transmission Operators are a sensible means of ensuring access to transmission and the functioning of a competitive wholesale market. The power crisis in California has slowed progress on market reform; confidence should be restored to reactivate reform and to create certainty for new investment. Harmonised electricity industry standards and regulations could help promote competition and…
-
Will new PV manufacturing policies in the United States, India and the European Union create global PV supply diversification?
Renewables 2022 This report forms a component of Chapter 4 of Renewables 2022 and addresses a key question in renewable energy markets. The high level of geographical concentration in the global PV supply chain has led the European Union, India and the United States to introduce policy incentives to support domestic PV production. This could result in an unprecedented expansion of PV manufacturing outside of China in the next five years. However, diversifying manufacturing will be possible only if production costs fall to ensure competitiveness with the lowest-cost producers (e.g. in China and ASEAN countries) in both the short and…
-
Energy Policies of IEA Countries: United States 2019 Review
The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries. This process supports energy policy development and encourages the exchange of international best practices and experiences. In the United States, the shale revolution continues to be a driving force for energy policy, shifting it from a mindset of energy scarcity to one of energy abundance. Innovations in oil and gas extraction through horizontal drilling and hydraulic fracturing have vastly increased the importance of US production in the energy landscape, both at home and internationally. The timely siting of supporting infrastructure will…
