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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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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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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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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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Japan Oil Security Policy
Country Energy Security Policy - Oil Oil overview Oil remains the most significant energy source in Japan, accounting for about 40% of the country’s total energy supply, even if Japan’s oil demand has been steadily decreasing in line with the country’s overall declining total energy use. This decline was only briefly interrupted after the 2011 Great East Japan Earthquake and its subsequent impacts, when old oil power generation facilities were quickly brought back online to replace temporarily missing nuclear generation.Having no notable domestic production, Japan is heavily dependent on crude oil imports, with between 80% to 90…
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Japan Natural Gas Security Policy
Country Energy Security Policy - Natural Gas Natural gas overview The share of natural gas in Japan’s total energy supply increased significantly over the past decade, driven by growing demand from the electricity generation sector. The 2011 Great East Japan Earthquake and subsequent Fukushima nuclear accident resulted in the closure of all nuclear plans, which led to an increase in the demand for natural gas. While Japan produces more gas than oil, domestic production is still very limited, bringing the dependence on imports to over 90%.With its archipelago geography, Japan’s imports are entirely in the form of liquefied…
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Japan Electricity Security Policy
Country Energy Security Policy - Electricity Electricity overview and generation portfolio Japan’s electricity system was severely affected by the 2011 Great East Japan Earthquake and the Fukushima nuclear accident, after which all nuclear power generation was temporarily stopped, which until then represented around 25% of generation. Since then, nuclear represents only a minor share of Japan’s electricity generation. Natural gas is the most important fuel for generation, followed by coal. Oil’s share has been decreasing, but old oil powered facilities played a crucial role in the immediate aftermath of the 2011 earthquake. As an island country with no…
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Japan's legislation on oil security
…Industry.The provisions of the PSDA are triggered when there is an actual or potential shortage of oil due to the occurrence of natural disasters affecting Japan to such an extent that the smooth operation of the national economy is potentially or actually affected (article 4(1) PSDA). Article 10(2) PSDA further specifies that emergency stocks may be released when the national oil supply is disrupted to such an extent that the security of the public or other public interests are detrimentally affected. Authority determining whether emergency exists According to the articles 7(3) and 31 of the OST…