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Article
21 Oct 2019
Does security of supply drive key biofuel markets in Asia?
…for 2030.Indonesia: 20% biodiesel blending, with vehicle testing under way for 30% in road and rail transport. Full compliance with these policies would cause domestic supplies to meet a higher share of fuel demand from road transport in 2024.Nevertheless, security of supply is not the sole motivation for biofuel policy support. In China, India and Indonesia, supporting demand for nationally important agricultural commodities has also been a key factor in the introduction of mandate policies.In energy terms, biodiesel consumption in Indonesia already resulted in a notably higher share of domestically produced fuel supplies in 2017. By 2024…
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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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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
…In the United States, the shale revolution has had a dramatic effect on gas supply and prices. Alongside some state-level as well as federal-level environmental policies this has pushed gas into the energy mix while pushing out coal.Since 2010, the market share of gas has increased more than any other energy source.In China, gas demand has risen very quickly in recent years because of a major policy 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…
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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
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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Technology report
Feb 2019
China Power System Transformation
…However, the concept of power system flexibility is much broader. Apart from power plants, it can be provided by grid infrastructure, demand-side response, and electricity storage. Changes to market, policy, and regulatory frameworks are crucial for unlocking flexibility.Establishment of spot markets and trade between provinces are two of the main elements to promote power system transformation in China. Building on the World Energy Outlook (WEO) New Policies Scenario, modelling results indicate that if current efforts to implement economic dispatch, boost short-term inter-regional trading and expand transmission interconnectivity succeed, annual power system operational costs in 2035 can...
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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
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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Technology report
Jun 2019
The Future of Cooling in China
…representing nearly 40% of global sales in 2017. Mini-split ACs are still common, as is “part time” and “part space” cooling behaviour in which households cool rooms only when they are occupied and for a few hours. Yet larger multi-split and central cooling systems are growing in numbers, due to architectural choices and changing consumer preferences. As a result, the average size of new units sold in 2017 was around 7 kilowatts of cooling capacity (kWc), compared with previous models that were between 3 kWc and 5 kWc. Those larger and centralised cooling systems can be significantly more energy intensive.Rated performanc...