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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 Mexico
…of hybrid and plug-in vehicles are growing. Hybrid vehicles have grown to a sales share of just 1% in 2019. Electric and plug-in vehicles have yet to meaningfully penetrate the Mexican LDV market. Overview of current fuel economy policy In 2013, the government adopted fuel economy regulations similar to the US Corporate Average Fuel Economy (CAFE) standards, although with less ambitious targets and more flexibility for auto manufacturers and importers. The target for model year 2016 was 135.7 CO2 g/km for vehicles with a footprint below 3.81 m2, and 180.1 CO2 g/km for…
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Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia
…studies provide an overview of fuel subsidies in each country and then focus on transport fuels in Indonesia and electricity in Mexico. The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures. Rather they should engage the public at every step of the way, undertake detailed consultations and public opinion surveys, and set up a process that develops public participation and acceptance for the policies. These findings should be of interest to policy makers considering or implementing reforms to fossil fuel subsidies as well as…
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E4 Country Profile: Energy Efficiency in Mexico
Overview Mexico joined the IEA in 2018 as the first member from Latin America. Mexico is strongly committed to energy efficiency as part of its wider energy reforms. Its policy coverage in multiple energy end-use sectors has increased substantially since 2010 and in 2013, Mexico became the first country in Latin America to introduce a fuel economy standard.Mexico still has several challenges in meeting its climate objectives and the Sustainable Development Goals such as ensuring access to clean cooking and, in remote areas, universal access to energy. Energy efficiency, through its multiple benefits, remains an important enabler of…
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Boosting Efficiency in Latin America
Delivering affordability, security and jobs to advance people-centred energy transitions Countries around the world are facing an energy security and affordability crisis affecting households, businesses and public budgets. In Latin America, household expenditure on energy services is second only to food. On average, the share of household budget for energy ranges between 7% and 9% of income – and up to more than 24% for the poorest households. As governments urgently implement measures to protect citizens and secure their economies, it is important to consider short- and long- term solutions to ease existing pain and reduce risks over time. While…
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Latin America Energy Outlook 2023
World Energy Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies…
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Mexico Energy Profile
The Latin America Energy Outlook, the International Energy Agency’s first in-depth and comprehensive assessment of Latin America and the Caribbean, builds on decades of collaboration with partners. In support of the region's energy goals, the report explores the opportunities and challenges that lie ahead. It provides insights on the ways in which the outlook for the region and the biggest global energy trends are deeply intertwined – as well as recommendations on policies that could allow Latin America and the Caribbean to take full advantage of its great potential.
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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies 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.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Mexico Energy Outlook 2016
…in line with a far-reaching Energy Reform package adopted by the government in 2013. How might the multiple changes being implemented today change the energy scene of tomorrow? This analysis provides a comprehensive assessment of Mexico’s energy demand and supply outlook to 2040. The report maps out the implications of the Reforma Energética across the energy economy; explores the ambition of a reformed power market to meet rising demand, while tapping Mexico’s abundant renewable resources and reducing the costs of power supply; assesses how and when the new upstream bid rounds can turn around today’s declines…