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Implementing Clean Energy Transitions
…India, Indonesia, and South Africa, in order to assess where gaps may arise and help governments and policymakers to explore other international policy experiences.The library groups transport policies within three overarching categories:Regulation, incl. standards and mandates: This includes fuel-economy standards, emission standards, blending mandates, charging standards and EV mandates. Incentives: This includes for both cases incentives for electric vehicle, modal shift, biofuels and scrappage schemes. Fuel excise taxes and carbon pricing are also included in this category.Information: This includes policies and initiatives focused on informing consumers, training, and networking.This library builts on the joint IEA…
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Energy Efficiency 2018
…saved more than: The world is missing opportunities to improve energy efficiency and today's policies are not delivering the full potential gains that are cost-effective and use 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…
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Fuel economy in South Africa
…spur improvements in average fuel consumption.With a sales share of 49% in 2019, SUVs/pick-up trucks dominate the LDV market in South Africa. The sales share of small SUVs/pick-up trucks increased from 12% in 2005 to 23% in 2019, while growth in the large SUV/pick-up truck segment has been more modest. Sales shares of city cars have remained strong at close to 33% of LDVs sold since 2014, while the market for large and medium cars has contracted significantly during this time. Despite the most substantial improvements in fuel economy occurring in the large…
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South Africa Energy Outlook
…role of coal in South African industry and power generation is already decreasing, while that of gas and renewables is increasing. South Africa is reliant on coal but is making efforts to diversify as its coal-fired fleet is ageing; new projects will not fully compensate for the decline of the existing fleet.The government is focussing on diversifying the power mix by introducing natural gas and renewables, including concentrating solar power (CSP); South Africa has excellent natural resources for CSP development. Oil is the largest fuel in the end-use sectors; more stringent fuel economy standards would mean that…
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E4 Country Profile: Energy Efficiency in South Africa
…with a fuel economy standard of 95 gCO2/km.In industry, implementing MEPS for electric motors, a policy planned for the industry and mining sectors, will be an important first step to unlocking greater efficiency gains. Complementing this with measures that extend to the wider motor-driven system and other industrial equipment, including the implementation of energy management systems, could enable further savings.In buildings, strengthening energy management systems and standards for appliances, especially for cooling will allow South Africa to obtain the projected energy savings. Our work in South Africa The E4 Programme has continued to support energy efficiency…
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South Africa Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.
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Oil Market Report - February 2021
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 World oil demand is set to grow by 5.4 mb/d in 2021 to reach 96.4 mb/d, recovering around 60% of the volume lost to the pandemic in 2020. While oil demand is expected to fall by 1 mb/d in 1Q21 from…
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Oil Market Report - February 2017
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 Supported by strong 4Q16 numbers,the estimate for global oil demand growth for 2016 was revised up for the third consecutive month to 1.6 mb/d. Although still forecast to decelerate in 2017 to 1.4 mb/d, recent improvements in industrial activity are providing…
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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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Oil Market Report - December 2018
…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 to transport crude and products have soared to multi-year highs. Highlights Our estimate of 2018 oil demand growth is largely unchanged at 1.3 mb/d. Non-OECD data for September and October…