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Renewables 2020
…renewable markets, especially electricity-generating technologies, have already shown their resilience to the crisis. Renewables 2020 provides detailed analysis and forecasts through 2025 of the impact of Covid-19 on renewables in the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more…
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The Covid-19 crisis is reversing progress on energy access in Africa
The pandemic is already significantly impacting energy access trends in Africa The Covid-19 pandemic has been dismantling steady progress made in recent years to increase access to affordable, reliable, sustainable and modern energy – an objective enshrined in the UN Sustainable Development Goal 7 (SDG 7). Sub-Saharan Africa – home to three-quarters of the almost 800 million people around the world who don’t have access to electricity – is bearing the brunt of this reversal. Since 2013, the number of people without access to electricity had been steadily decreasing on the African continent. This was thanks to the progress…
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Clean Energy Transitions Programme 2020
…supporting the IEA family under the CETP so that we deliver, together, a better energy future. 2020 was a critical year for the prospects of clean energy transitions worldwide. Since the emergence of the Covid-19 pandemic and ensuing economic crisis, the IEA has led calls for governments to both achieve a sustainable, resilient recovery and address the looming climate crisis.Throughout this challenging year, the Clean Energy Transitions Programme (CETP) played an important role in ensuring that the task of building a secure and sustainable energy future was strengthened. The programme’s activities were adapted to confront the disruption…
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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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Energy Efficiency 2018
…current technology. This delayed action on energy efficiency ends up locking in inefficiencies that mean much stronger action needs to be taken in the future. 2.2 million barrels of oil per day If all countries had adopted the best passenger fuel economy standards. 16% of industry electricity use If all countries had adopted the strongest electric motor standards. $20 billion If everyone had purchased the top 10% most efficient refrigerators. The Efficient World Scenario So what will the world look like if between now and 2040 countries implemented all the economically viable energy efficiency potential that is available? The…
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Latin America Energy Outlook 2023
…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 and improve…
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Oil Market Report - January 2018
…99.1 mb/d respectively. A 40 kb/d downward revision to 2016 demand, however, pushed up the 2017 growth to 1.6 mb/d, while our growth estimate for 2018 remains unchanged at 1.3 mb/d.The slowdown in 2018 demand growth is mainly due to the impact of higher oil prices, changing patterns of oil use in China, recent weakness in OECD demand and the switch to natural gas in several non-OECD countries.Global oil supply in December eased by 405 kb/d to 97.7 mb/d due mostly to lower North Sea and Venezuelan output. Production was steady on a year ago as non-OPEC gains…
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Clean Energy Transitions Programme 2023
…global level to enable and accelerate clean energy transitions.The CETP Annual Report 2023 provides an overview of the programme’s achievements over the past year. The remarkable impact of the CETP’s work during this period was reflected in several notable achievements, including the announcement of a new set of fuel standards for trucks in Indonesia, the Energy Transition Plan in Uganda and the establishment of regulations for the spot electricity market in China. These and other policies announced in 2023 were all closely aligned with IEA recommendations and reinforced the Agency’s status as a trusted advisor to…
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Implementing Clean Energy Transitions
Focus on road transport in emerging economies This report assesses the impact of the road transport sector on energy demand, CO2 emissions and air pollution in several selected major emerging economies over the coming decades under several IEA modelling scenarios. Most notably the Announced Pledges Scenario (APS) aims to show to what extent announced ambitions and targets, including the most recent ones, are on the path to deliver emissions reductions required to achieve net zero emissions by 2050.Bringing about a road transport decarbonisation pathway in line with the APS in the selected major emerging economies - Brazil, People’s Republic…
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Oil Market Report - July 2018
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 Demand got off to a strong start this year with global 1Q18 growth at over 2 mb/d, helped by cold weather in the northern hemisphere. Recent data, however, point to a slowdown, with rising prices a factor. In 2Q18, growth slowed to 0.9 mb/d. In 1H18…