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China's Worldwide Quest for Energy Security
…s Worldwide Quest for Energy Security China’s rapid growth over the past twenty years has sparked a surging demand for energy. The Chinese made strenuous efforts to exploit their domestic resources; but growth eventually overwhelmed them and led to rising oil imports. Within the next decade, China’s oil imports are expected to grow rapidly and outstrip those of many OECD countries. Gas imports are also projected to increase as China switches to cleaner energy. Aware of its growing dependency on imported energy, China seeks a more prominent position in the existing global system of energy production and trade…
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Energy Efficiency 2018
…world, its positive impact on global energy use is overwhelmed by rising economic activity across all sectors. Efficiency can enable economic growth, reduce emissions and improve energy security. The right efficiency policies could enable the world to achieve more than 40% of the emissions cuts needed to reach its climate goals without new technology. Energy Efficiency 2018 looks at why efficiency’s massive potential remains untapped, and through the new Efficient World Scenario explores what would happen if countries maximized all available cost-effective efficiency potential between now and 2040, highlighting what policy makers can do to realise this opportunity. Key findings Energy efficiency works..…
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Energy Policies of IEA Countries: Japan 2016 Review
…of Japan has revised its energy policy in recent years to focus on further diversifying its energy mix (less use of fossil fuels, more reliance on renewable energy, restarting nuclear plants when declared safe) and curbing carbon emissions. Building on these plans, Japan has outlined ambitious goals to cut greenhouse gas emissions by 26% between 2013 and 2030. This emissions reduction commitment requires a balancing act between energy security, economic efficiency, environmental protection and safety. This IEA review of Japan’s policies highlights three areas that are critical to its success: energy efficiency, increasing renewable energy supply and restarting nuclear…
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Partner Country Series - China's Engagement in Global Energy Governance
The world’s largest energy consumer and producer as well as the top oil importer and CO2 emitter, the People’s Republic of China is in the centre of the global energy landscape – and at a turning point towards a low-carbon future. There is an increasingly clear congruence of China’s domestic interests and the world’s collective interests in terms of energy security, economic development and sustainable growth. In global energy governance, the country is gradually transforming from outsider to insider and from follower to influencer, with instrumental implications for the country and the world. This report provides…
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How much will renewable hydrogen production drive demand for new renewable energy capacity by 2027?
Renewables 2022 This report forms a component of Chapter 4 of Renewables 2022 and addresses a key question in renewable energy markets. Hydrogen production from renewable electricity is expected to play an important role in reaching long-term decarbonisation goals and improving energy security. While less than 1% of global hydrogen production comes from renewable energy sources today, renewable hydrogen is receiving increasing policy attention. A total of 25 countries, plus the European Commission, have announced plans that include hydrogen as a source of clean energy, and several have begun to introduce financial support schemes. As a result, project pipelines for using…
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Gas Resiliency Assessment of Japan 2016
…summarises the findings from the "Gas Resiliency Assessment of Japan" workshop, organised jointly by the International Energy Agency (IEA) and the Ministry of Economy, Trade and Industry (METI) of Japan, held in July 2016. This initiative aimed to identify the natural gas supply security risks and challenges of Japan and to examine whether existing policies to address these challenges remain are and will remain relevant in the near future. This report contains several recommendations to improve the resiliency of Japan. In the energy system of Japan gas plays an important role, particularly so after the 2011 Great East Japan Earthquake…
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Oil and Gas Emergency Policy: Japan 2013 update
…met its minimum IEA stockholding obligation. Japan’s domestic natural gas production is limited – with production of around 3.3 bcm in 2012. Natural gas supply sources to the country are well diversified. As Japan has no cross border pipelines, the country imported natural gas through 31 liquefied natural gas (LNG) terminals with around 10 bcm of natural gas storage capacity. Key elements of Japan’s overall gas security policy are diversifying its long-term supply contract portfolio, ensuring flexibility of increasing imports in times of an emergency in long term contracts, and using voluntary commercial LNG stocks in industry.
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Oil and Gas Emergency Policy: China 2012 update
…gas, a strong policy push has boosted natural gas supplies, particularly to residential customers, so that its share doubled in 2009; in 2010, domestic supplies met 90% of domestic consumption. The key elements of China’s approach to gas security are to further promote domestic production from conventional and unconventional resources, to expand reserves, to construct gas storage facilities, and to accelerate construction of liquefied natural gas terminals and interregional gas pipelines in order to strengthen supply of gas imports. Although China does not have government gas stocks or mandatory industry stocks, the government promotes the expansion of commercial inventories…
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Status of Power System Transformation 2018
…A lack of system flexibility can reduce the resilience of power systems, or lead to the loss of substantial amounts of clean electricity through curtailment of variable renewable energy sources. Power plants play a critical role in enhancing system flexibility. Based on a wealth of real-life case studies and data, this report provides a comprehensive overview of how power plants can contribute to making power systems more flexible, while enhancing electricity security. It summarises the findings of the Advanced Power Plant Flexibility campaign of the Clean Energy Ministerial. The solutions presented in this study have been collected in close…
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Status of Power System Transformation 2018: Summary for Policy Makers
…A lack of system flexibility can reduce the resilience of power systems, or lead to the loss of substantial amounts of clean electricity through curtailment of variable renewable energy sources. Power plants play a critical role in enhancing system flexibility. Based on a wealth of real-life case studies and data, this report provides a comprehensive overview of how power plants can contribute to making power systems more flexible, while enhancing electricity security. It summarises the findings of the Advanced Power Plant Flexibility campaign of the Clean Energy Ministerial. The solutions presented in this study have been collected in close…