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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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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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E4 Country Profile: Energy Efficiency in India
…s total energy use was covered by mandatory energy efficiency policies. The main contributor being the Perform, Achieve and Trade (PAT) scheme, the key policy driving efficiency gains in the industrial sector. The adoption of appliance standards and building codes in some states, coupled with growing energy access and new construction, resulted in policy coverage in the buildings sector of 13% in 2018. In the transport sector, the implementation of passenger car and heavy-duty vehicle standards increased the policy coverage to 6% in 2018. Ambitious plans have also been developed to increase the penetration of electric vehicles. Energy efficiency…
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Methodology to Assess the System Value of Different Corporate Procurement Strategies in Developing Economies
…investments is also an important way to empower consumers who want to ensure that their energy use is not worsening climate change. To understand the impact of corporate procurement on power systems, it is important to recognise that in most cases companies are not directly consuming the ‘clean electrons’ that they procure, whether through power purchase agreements or green certificates. Many corporate procurement strategies allow the clean electricity to be purchased in a different location from the company’s electricity demand, and also at a different time, for example only requiring that the energy be balanced across an entire year…
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The Potential of Behavioural Interventions for Optimising Energy Use at Home
…behaviour and encourage investments in structural improvements. This article focuses on the potential for enhancing energy efficiency with policies and programmes designed to educate consumers and encourage them to alter their daily habits – without resorting to large-scale structural improvements. This focus is motivated by the observation that interventions aimed at promoting behavioural change are often cheaper to implement relative to policies that seek to encourage investment. Such measures also tend to be relatively quick to design and implement. What are behavioural interventions and how can behavioural insights enhance the impact of energy efficiency policy? Behavioural interventions are policies and…
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Fuel economy in India
…India remains the fifth-largest LDV market. Average fuel consumption of new LDVs dropped from 6.9 litres of gasoline equivalent per 100 kilometres (Lge/100 km) in 2005 to 5.7 Lge/100 km in 2019, which is 20% below the global average. This is mainly attributable to a high share of diesel LDVs and an average LDV weight that is 24% lower than the global average.Fuel economy has improved since 2005, though progress has somewhat stalled recently with fuel consumption of large cars increasing on average 6% per year since 2017, and fuel consumption of large and…
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Oil Market Report - December 2017
…countries. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb/d on a year ago when Russia and Middle East OPEC producers pumped at record rates. Non…
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Oil Market Report - August 2019
…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, increasing by 0.7 mb/d. This follows the pattern of refined product demand growth, which was subdued in 1H19, but is forecast to rebound in 2H19. In 2019, China and the Middle East are alone in seeing growth in refining activity. Highlights Global demand fell 160 kb/d y-o-y in May, the second annual fall seen in 2019…
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Oil Market Report - December 2018
…in the US, Middle East and China. Lower crude prices helped margins, although the gasoline-focused US Gulf Coast lagged behind.OECD commercial stocks rose in October for the fourth consecutive month, by 5.7 mb, to 2 872 mb. They were above the five-year average for the first time since March. NGL and feedstock inventories hit a historic high whereas fuel oil stocks fell to a record low.Having fallen by 30% since early October, oil prices stabilised with ICE Brent close to $60/bbl and NYMEX WTI at $52/bbl. Weak demand weighed on gasoline and naphtha markets. Freight rates…
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Oil Market Report - April 2018
…and in recent days have risen above $70/bbl to levels not seen since December 2014. Tension in the Middle East is a key factor alongside tighter compliance with the OPEC/non OPEC output deal.After 1Q18's peak refinery maintenance in Europe and the US, global throughput will see a seasonal ramp-up in 2Q18. From March to July, runs will increase by 3.1 mb/d, but supply of refined products will lag behind demand growth. Highlights Our forecast for global oil demand growth for 2018 is unchanged from last month's report at 1.5 mb/d. OECD demand in…