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Unlocking Ukraine’s Hydrogen Opportunity: A Roadmap
Ukraine’s energy sector has been severely affected by the Russian Federation’s full-scale invasion. The power sector went from having a large capacity surplus before the war to a power deficit in 2024 due to Russia’s attacks. This has focused attention on energy security and restoring the reliability of supply. Hydrogen demand from conventional applications in refining and ammonia has also plunged, falling 80%, with most of these assets in southern Ukraine, where the frontline and occupied areas are located. Overall economic damage from the war has been extensive, with reconstruction costs previously estimated by the World…
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Fuel Economy in Major Car Markets
…the fuel economy of newly registered light-duty vehicles (LDVs) across the world from 2005 to 20173. While the average fuel economy of vehicles continues to improve, the rate of progress has slowed in recent years. Fuel Economy in Major Car Markets looks at fuel economy development in the period 2005-2017 for the Global Fuel Economy Initiative (GFEI). It shows that the average amount of fuel required to travel 100 km improved by 1.3% in 2016 and 2017, down from 2% per year between 2013 and 2015. Important drivers for this slowdown are declining shares of diesel vehicles…
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Clean Energy Transitions Programme 2023
Annual report 2023 The Clean Energy Transitions Programme (CETP) is the IEA’s flagship initiative for accelerating progress toward a global net zero energy system. Launched at the 2017 IEA Ministerial to leverage the Agency’s expertise, insights and influence, the programme has provided world-class analysis, technical assistance and capacity building to support the most ambitious reorientation of the world’s energy systems this century. The CETP’s work is structured across three pillars of activity, with a particular focus on emerging markets and developing economies. The first of these focuses on supporting emerging and developing countries to establish…
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Oil Market Report - October 2024
…September as gasoline, jet and diesel cracks deteriorated while crude prices improved on a relatively tighter market. As a result, global crude run estimates are further reduced by 180 kb/d to 82.8 mb/d for 2024 and by 210 kb/d to 83.4 mb/d in 2025, representing annual gains of 540 kb/d and 610 kb/d, respectively.Observed global oil inventories declined by 22.3 mb in August, led by a 16.5 mb draw in crude oil stocks. OECD industry stocks fell counter-seasonally by 13.4 mb to 2 811 mb, 102.7…
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Oil Market Report - June 2019
…Norway. In May, global oil supply eased by 0.1 mb/d to 99.5 mb/d, down 2.8 mb/d from the November peak.The call on OPEC crude drops to 29.3 mb/d in 2020, 650 kb/d below the May output level. OPEC supply fell to its lowest since 2014 as Iranian supply plunged due to sanctions and on lower Saudi and Nigerian output. OPEC's effective spare capacity was 3.2 mb/d.Global refinery throughput in May was at its lowest level in two years on maintenance and unplanned outages. By August, refinery runs could be more than 4 mb/d higher…
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Oil Market Report - August 2019
…d, respectively.Global oil supply held steady in July above 100 mb/d, but fell below year earlier levels for the first time since November 2017. Robust compliance with OPEC+ supply cuts and losses from Venezuela and Iran saw OPEC oil production fall by 2 mb/d versus July 2018. Non-OPEC supply was up 1.4 mb/d y-o-y in July and is set to grow by 1.9 mb/d in 2019 and 2.2 mb/d next year.After a year-on-year fall in 1H19, global refining throughput is expected to pick up in the second half of the year…
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Clean Energy Transitions Programme 2022
…been the main vehicle through which the IEA has established, deepened and strengthened partnerships with major non-member countries – those countries that are at the forefront of the clean energy transition. The programme has also played a crucial role in enabling the IEA to strengthen its global leadership role in clean energy transitions at a pace and scale that would otherwise not have been possible, with great benefit to the programme’s focus countries and IEA member countries alike.This CETP Annual Report 2022 provides an overview of the programme’s major achievements in the last year. During this time…
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Oil Market Report - March 2022
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 Surging commodity prices and international sanctions levied against Russia following its invasion of Ukraine are expected to appreciably depress global economic growth. As a result, we have revised down our forecast for world oil demand by 1.3 mb/d for 2Q22-4Q22, resulting in 950…
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Energy Policy Review: Ukraine 2006 Review
Energy Policy Review Energy Policy Review: Ukraine 2006 Review A key issue for policy makers is how to choose a climate change policy that recognises the uncertainties in the costs and benefits of abatement actions. This report reviews the economic literature relative to the choice of the economic instruments that could be used to mitigate climate change. Because climate change is driven by the slow build-up of atmospheric concentrations of greenhouse gases, flexible instruments would be more economically efficient than fixed quotas. They may help engage a broader set of countries into a common framework for mitigating climate change…
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Energy Policies Beyond IEA Countries: Ukraine 2012
Energy Policy Review Energy Policies Beyond IEA Countries: Ukraine 2012 Ukraine’s energy sector faces unprecedented challenges, from a heavy reliance on expensive fossil fuel imports to inefficient infrastructure and markets. Yet there is also potential for Ukraine to experience an energy revolution, one that could boost employment, lift economic growth and enhance energy security. Modernisation of Ukraine’s energy-supply sectors has only begun and will require investment on a huge scale, complemented by a fundamental reform of the business environment. A strong dependency on oil and gas imports and often inefficient energy production, transportation and supply sectors means…