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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: Austria 2002
…their natural gas and electricity suppliers. Austria has established an independent regulator and non-discriminatory third-party access rules. While reform of the gas sector is too recent to draw any meaningful conclusions, power sector reform has achieved mixed results. Industrial rates have fallen by up to 40% but residential rates have fallen little, if at all. Effective competition still faces obstacles including high system access charges and dominant incumbent suppliers who could wield market power and deter new entrants.
Austria’s commitment to reduce greenhouse gas emissions by 13% remains a major challenge. Total greenhouse gas emissions increased nearly… -
Austria 2020
…This report on Austria discusses the energy challenges facing the country and recommends possible solutions to help it achieve a secure and sustainable energy future.
Austria’s new government, which assumed office in January 2020, is committed to achieving carbon neutrality by 2040 at the latest – 10 years earlier than the ambition set by the European Union. This will require Austria to substantially enhance decarbonisation efforts across all energy sectors. As in many other countries, decarbonising heat and transport is challenging. In fact, Austria’s emissions growth since 2014 is largely driven by the increase in final energy consumption in…
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Energy Policies of IEA Countries: Austria 2007
…remain. The climate strategy revision in 2007 is commendably realistic, but uncertainty remains whether it will be sufficient, and whether renewables and energy efficiency are well-balanced within it. While Austria is strongly promoting an increase of renewables production by adopting challenging targets, it is less ambitious in the area of energy efficiency. To achieve the renewables target, their supply will have to double, leading to significant increases in costs. In energy efficiency, while Austria is leading in developing efficient building solutions, there are concerns about implementation, especially about the lack of ambition and divergence in building codes. Overall, energy…
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Austria 2026
…this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Austria and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Austria’s most pressing energy sector challenges and provide recommendations on how to address them, backed by international best practices. The report also highlights areas where Austria’s leadership can serve as an example in promoting secure and clean energy transitions. It…
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Energy Policies of IEA Countries: Austria 2014 Review
Austria’s energy policy rests on three pillars: security of supply, energy efficiency, and renewable energy sources. The country’s decarbonisation drive has strengthened as the economy and renewable energy use have continued to grow, while fossil fuel use has decreased. Greenhouse gas emissions from energy use, which peaked in 2005, still need to be reduced further, and the transport sector offers prime opportunities for this. In the context of EU negotiations on an energy and climate policy framework to 2030, Austria should develop a strategy that also integrates security of supply and internal market dimensions. Austria should also encourage…
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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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Colombia 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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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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Colombia 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.