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China's Worldwide Quest for Energy Security
…are entwined in foreign economic and security policies in general. This book documents how China is creating energy relationships across the Middle East, Southeast Asia, Russia, Central Asia and Africa. The Chinese are also intensively studying how the rest of the world operates in the energy sector. The position of this vast nation in the global energy markets can only grow stronger as time passes. Trade and investment are the main elements in China’s energy policy toward the rest of the world today. Before long, the Chinese may seek to participate in the actual management of overseas energy facilities.
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Clean Energy Transitions Programme 2023
…of 20 (G20) and UN-affiliated collaborations. The final pillar showcases the IEA’s work at a 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…
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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…the overall economy. The International Monetary Fund expects the global economy to contract by 4.8% in 2020, while IEA analysis estimates that total energy demand will decline by 6% and oil demand by almost 8% this year.The lockdown measures imposed by governments around the world have tended to result in very sharp declines in energy use followed by dynamic recoveries as societies emerge from confinement, especially in China where the post-Covid recovery was fast both from a medical and economic point of view. The impact on different parts of the energy system has varied widely, depending on…
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Energy Transitions Require Innovation in Power System Planning
…landmark global roadmap, Net Zero by 2050, which detailed two parallel transformations for the power sector as it decarbonises. The first is that variable renewables will increasingly be the foundation of low carbon power generation. The second is that power will be responsible for an increasing share of total energy demand, as electrification becomes a pathway to decarbonisation. Emerging economies are central to global emissions reduction, since they typically have high shares of fossil fuel generation and because electricity demand is expected to significantly increase along with economic growth and greater electricity access. Increasing shares of variable renewable energy such…
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Does security of supply drive key biofuel markets in Asia?
…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, its contribution could expand to offset 17% of diesel demand. If vehicle testing results indicate that it is possible to use B30 fuel (30%…
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United States' legislation on oil security
…means for verification of energy data, and to conserve water by improving water efficiency of certain plumbing products and appliances (EPCA section 2).In addition to the SPR, the US Congress amended EPCA in 2000 to establish a separate Northeast Home Heating Oil Reserve (NEHHOR), in an effort to ensure the uninterrupted supply of home heating oil to several US States (Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, Pennsylvania, and New Jersey) in the country’s Northeast (EPCA section 181).Federal and State government activities and responses to all hazards impacting the energy sector are largely consistent…
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E4 Country Profile: Energy Efficiency in China
…that make China’s energy efficiency policy coverage well above the global average. Policy coverage for buildings includes China’s building codes and comprehensive appliance standards. These have been crucial to limiting the increase in energy use resulting from high rates of construction and higher rates of appliance ownership. Energy efficiency opportunities China has enormous energy efficiency improvement potential according to the IEA’s Efficient World Scenario (EWS). Ensuring that China seizes all efficiency opportunities in a cost-effective manner will be crucial for both China and the world’s transition to low-carbon energy.Energy consumption could reach a…
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Capturing the energy beneath our feet
Today in the Lab – Tomorrow in Energy? shines a spotlight on research projects under development in the Technology Collaboration Programmes (TCPs). Learn more about the initiative, read the launch commentary, or explore the TCPs. Developing, testing and accelerating breakthroughs in enhanced geothermal systems technologies What is the aim of this project?The Frontier Observatory for Research in Geothermal Energy (FORGE) is a dedicated underground field laboratory in Utah, United States, that is developing, testing and accelerating breakthroughs in enhanced geothermal systems (EGS) technologies to advance the uptake of geothermal resources around the world.FORGE’s mission is to enable cutting…
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Green stimulus after the 2008 crisis
…policy support were applied too early, and hopes for a manufacturing value chain did not materialise.Energy efficiency policies were and should remain one of the focus areas of green stimulus programmes. The most successful examples combined ambitious policy funding with standardisation, “plug and play” efficiency options and an appropriate consideration of the availability of skilled labour and industrial capability. The overall policy design needs to pay attention to broad impacts on energy security and social inequality. Introduction The 2008-09 global financial crisis led to a global squeeze on credit and fragile financial markets, which brought about a deep…
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Fuel economy in China
…of fuel consumption trends People’s Republic of China (hereafter ‘China’) is the largest light-duty vehicle (LDV) market in the world, with sales of almost 23 million units in 2019. In terms of average fuel consumption of new LDVs, China in 2019 ranked in the top 15 among major LDV markets. Average fuel consumption dropped from 8.7 litres of gasoline equivalent per 100 kilometres (Lge/100 km) in 2005 to 7.2 Lge/100 km in 2019, reflecting an annual average decrease of 1.3%. Fuel economy improvements have occurred across all segments from 2005 through to 2019…