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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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Latin America Energy Outlook 2023
World Energy Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies…
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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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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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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…
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Boosting Efficiency in Latin America
Delivering affordability, security and jobs to advance people-centred energy transitions Countries around the world are facing an energy security and affordability crisis affecting households, businesses and public budgets. In Latin America, household expenditure on energy services is second only to food. On average, the share of household budget for energy ranges between 7% and 9% of income – and up to more than 24% for the poorest households. As governments urgently implement measures to protect citizens and secure their economies, it is important to consider short- and long- term solutions to ease existing pain and reduce risks over time. While…
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The Future of Petrochemicals
…The Future of Petrochemicals explores the role of the sector in today’s global energy system and how its significance for global energy security and the environment is set to increase. It also draws a path to an alternative scenario consistent with the UN Sustainable Development Goals, exploring enabling technologies and strategies, and assessing their impact on energy demand. Our economies are heavily dependent on petrochemicals, but the sector receives far less attention than it deserves. Petrochemicals are one of the key blind spots in the global energy debate, especially given the influence they will exert on future energy trends…