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Fuel economy in Japan
…vehicle type and drivetrain class. The target for the 2015 fiscal year specified a 23.5% improvement in fuel economy from 2004 (or a 1.9% annual average reduction). The 2020 improvement ratio was 20% relative to 2015, requiring a 3.7% annual average reduction. The 2020 target also took hybrid electric vehicles into consideration as a top runner given their significant share in new vehicle sales. The 2030 standards have two major differences from previous standards, including expanding the scope of powertrains covered and considering well-to-tank fuel efficiency.Japan has promoted very small, lightweight vehicles (Kei-cars…
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Oil Market Report - June 2017
…lower expectations about the pace of global market rebalancing. At publication time, crude prices are close to the levels when the OPEC output deal was announced. Fuel oil prices and cracks were boosted as stocks fell to their lowest level in two years due to tight supplies of sour crudes. Gasoline and naphtha prices fell.Record high US refinery throughput in April and May led to upward revisions to our 2Q17 and 3Q17 forecasts. Global refinery intake is projected to reach 80 mb/d in 2Q17 and 81.3 mb/d in 3Q17, up by about 1.1 mb/d y-o-y in each quarter…
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Oil Market Report - July 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 demand growth is set to accelerate from an exceptionally weak 310 kb/d in 1Q19 and 800 kb/d in 2Q19 to reach 1.8 mb/d in the second half of the year as economic activity improves and petrochemical plants ramp up. For 2020, the pace of growth will…
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Oil Market Report - February 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 Our global demand estimate for 2018 is unchanged. Growth in 4Q18 was robust at 1.4 mb/d y-o-y and for 2018 as a whole growth was 1.3 mb/d. China (0.44 mb/d), India (0.21 mb/d) and the US (0.54 mb/d) contributed 1.19 mb/d…
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Oil Market Report - March 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 Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb…
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Renewables 2020
Analysis and forecast to 2025 In May 2020, the IEA market update on renewable energy provided an analysis that looked at the impact of Covid-19 on renewable energy deployment in 2020 and 2021. This early assessment showed that the Covid-19 crisis is hurting – but not halting – global renewable energy growth. Half a year later, the pandemic continues to affect the global economy and daily life. However, 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…
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Energy Policies of IEA Countries: Japan 2016 Review
Japan’s energy policy has been dominated in recent years by its efforts to overcome the fallout from the 2011 earthquake and the subsequent Fukushima nuclear accident. One consequence of the accident was a gradual shutdown of all nuclear power plants, which has led to a significant rise in fossil fuels use, increased fuel imports and rising CO2 emissions. It has also brought electricity prices to unsustainable levels. Faced with these challenges, the government of Japan has revised its energy policy in recent years to focus on further diversifying its energy mix (less use of fossil fuels, more reliance on…
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Oil and Gas Emergency Policy: Japan 2013 update
Oil and Gas Emergency Policy: Japan 2013 update Oil remains the most significant energy source in Japan, accounting for some 45% of the country’s total primary energy supply in 2011. The transport sector represented around 38% of total consumption in 2010, while the industry sector accounted for 30%. A significant proportion of the industry sector’s oil demand comes from the chemical industry. The country has 27 operational refineries with a total crude distillation capacity of around 4.5 mb/d. Japan meets its 90-day stockholding obligation to the IEA by holding government emergency stocks and by placing…
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Assessing Measures of Energy Efficiency Performance and their Application in Industry
Assessing Measures of Energy Efficiency Performance and their Application in Industry This paper explores different measures of energy efficiency performance (“MEEP”) and considers the importance of so-called boundary definitions when measuring energy performance, and how these affect the appropriateness of country comparisons to guide policy decisions.
The paper also addresses the limitations of both energy intensity and technology diffusion indicators as measures of energy efficiency performance. A case study on Japan’s iron and steel industry illustrates the critical role of proper boundary definitions for a meaningful assessment of energy efficiency in industry. -
Energy Policies of IEA Countries: Japan 1999
Energy Policy Review Energy Policies of IEA Countries: Japan 1999 This IEA report provides a comprehensive in-depth assessment of the energy policies of Japan, including recommendations for policy development. Since the last in-depth review in 1994, the two major themes in Japan's energy policy have been reform of the regulatory framework and measures to respond to climate change. Energy sector reform in the energy sector is an important component of overall policy on economic recovery. Increasingly, the market will be relied on to achieve a satisfactory outcome. Independent Power Producers have entered the electricity market since 1995…