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Implementing Clean Energy Transitions
Focus on road transport in emerging economies This report assesses the impact of the road transport sector on energy demand, CO2 emissions and air pollution in several selected major emerging economies over the coming decades under several IEA modelling scenarios. Most notably the Announced Pledges Scenario (APS) aims to show to what extent announced ambitions and targets, including the most recent ones, are on the path to deliver emissions reductions required to achieve net zero emissions by 2050.Bringing about a road transport decarbonisation pathway in line with the APS in the selected major emerging economies - Brazil, People’s Republic…
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Clean Energy Transitions Programme 2021
Annual report 2021 The Clean Energy Transitions Programme (CETP) has enabled the International Energy Agency (IEA) to significantly expand and deepen its global engagement and to support emerging economies’ transition to clean, resilient, sustainable energy systems. In 2021 the CETP marked its fourth full year since its launch at the 2017 IEA Ministerial Meeting, and the programme has steadily grown in size and impact.The CETP Annual Report 2021 aims to provide all CETP donors and partners with insights on the programme’s accomplishments, outputs and efforts across all areas of work. The report highlights activities and achievements for each…
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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 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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Strategies for Coal Transition in Korea
…world, where we extract the main recommendations that are applicable to the case of Korea.Currently, the power sector is the largest CO2-emitting sector and coal is the single biggest source of CO2 emissions, as it is the backbone of many electricity systems. Thus, coal power plants have been a target for reaching net zero emissions by 2050 for long time. Korea has firm objectives to achieve carbon neutrality by 2050, aiming to accelerate the clean energy transition of coal power plants. Policy recommendations were formulated around two priorities: affordable and secure supply of electricity and people-centred transition.
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Korea Oil Security Policy
…in terms of total energy supply. Oil consumption has generally trended upwards since the late 2000s, with demand for naphtha being particularly strong due to Korea’s large petrochemicals industry. Korea has a very significant refining industry and is self-sufficient in most products, apart from petrochemical feedstocks. However, it is a major net importer of crude oil. Oil infrastructure PipelinesKorea relies exclusively on tanker shipments to supply its large refining industry with crude oil.Daehan Oil Pipeline Corporation (DOPCO) owns the national oil product pipeline network. The DOPCO pipeline system connects refineries with major cities, airports and stockholding facilities…
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Energy Efficiency 2018
…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. The Efficient World Scenario So what will the world look like if between now and 2040 countries implemented all the economically viable energy efficiency potential that is available? The…
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Korea 2025
…was prepared in partnership between the Government of Korea and the IEA. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA Member countries to assess Korea’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 Korea’s leadership can serve as an example in promoting secure and clean energy transitions. It also promotes the exchange of best practices among countries to foster learning, build consensus and strengthen political will for a sustainable and affordable energy future. Translation
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Energy Policies of IEA Countries: The Republic of Korea 2006
…enhancement of its policy goals – adding economic efficiency and environmental sustainability to energy security – is commendable. Building on the liberalisation of its economy, the Republic of Korea set out an ambitious plan for reform of its state-controlled natural gas and electricity industries. However, the plans have been stalled and there is currently little vision for effective reform going forward. As the economy makes the transition to one with less phenomenal, more sustainable and less predictable growth, the IEA encourages the Republic of Korea to press forward with liberalisation in order to underpin a more flexible and efficient energy sector…
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Energy Policies of IEA Countries: Republic of Korea 2002
…the 26th Member of the IEA and when the country’s energy policies are being substantially reformed, to mobilise investments and increase efficiency.
The report brings information on all energy sectors (oil, gas, coal, nuclear, electricity, renewables) showing what role different energy sources could play in the context of a heavily dependency on external sources of energy.
The report analyses the effect of efficiency measures to reduce the energy intensity of the Korean economy, still one of the highest of the IEA countries.
A special attention is paid to the assessment of the energy policy reforms currently unfolding in Korea…