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Covid-19 impact on electricity
…In light of the extraordinary impact of the Covid-19 pandemic and resulting lockdown measures on the energy system, the IEA is publishing the most up-to-date possible electricity data. This report includes data through the end of 2020. Impact of lockdown measures Electricity demand dropped quickly across Europe and India with confinement measures but steadily recovered as measures were gradually softened. In India, recovery seemed faster and stronger than in EU countries. The end of the year was marked by a recovery of electricity demand, now above 2019 levels after weather adjustment. Electricity demand dropped to Sunday levels…
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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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Global EV Outlook 2020
…Outlook 2019, assessing the technologies and policies that will be needed to ensure that EV battery end-of-life treatment contributes to the fullest extent to sustainability and CO2 emissions reductions objectives. Finally, it analyses how off-peak electricity demand charging, dynamic controlled charging (V1G) and vehicle-to-grid (V2G) could mitigate the impact of EVs on peak demand, facilitate the integration of variable renewables and reduce electricity generation capacity needs. The global electric vehicle fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances Global sales of passenger cars were sluggish in 2019, but electric…
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Green stimulus after the 2008 crisis
Executive summary The Covid-19 epidemic led to an unprecedented macroeconomic and energy shock. Given the urgent need for proactive policies both to help the economy recovery and to accelerate clean energy transitions, several countries are interested in combining these policies to create green stimulus programmes. In this context, the experience of the green stimulus programmes implemented in the wake of the 2009 financial crisis provide useful lessons for policy design.After the financial crisis, the most effective green stimulus programmes focused on scalable, modular technologies by expanding existing investment frameworks and addressing the financial weakness of key actors. However…