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Fuel economy in Chile
…Electric vehicles are offered exemptions from environmental tax and traffic restrictions. In 2017, the National Electromobility Strategy outlined actions to ensure that 40% of private vehicles in Chile are electric by 2050. In 2015, the National Energy 2050 Policy outlined a goal of adopting energy efficiency standards for the new fleet of LDVs by 2035. Standards have yet to be establiashed, though Chile released its first Energy Efficiency Law in 2021, which mandates the setting of energy efficiency standards for LDVs within 12 months. The Energy Efficiency Law also seeks to establish multipliers for electric and hybrid vehicles in the…
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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 Beyond IEA Countries: Chile 2018 Review
…the electricity market design and infrastructure facilitate the integration of solar and wind power. By exploiting its vast renewable energy potential, Chile can help reduce electricity prices and dependency on fuel imports. Renewables and energy efficiency can also help limit carbon emissions and air pollution. Chile should make more use of mandatory energy performance standards for products, equipment, vehicles and buildings. Efficient and clean use of firewood and alternative heating technologies can be supported through policies, regulation and financial incentives. Energy and climate aspects should also be an integral part of the long-term policies for transport and urban development.
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Korea 2020
Energy Policy Review The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries. This process supports energy policy development and encourages the exchange of international best practices.
The Korean government is committed to substantially increasing the share of renewable energy sources in the electricity supply, gradually phasing out coal and nuclear power from the energy mix, significantly improving energy efficiency, and fostering the country’s nascent hydrogen industry. Many of these measures will help Korea advance its energy transition and improve its energy security, a high priority given the country’s…
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Korea Electricity Security Review
The report examines the objectives from the 9th Basic Plan for Long-term Electricity (BPLE) in terms of energy demand and variable renewable energy deployment, and provides options to maintain the country’s current high level of electricity security, while integrating increasing shares of solar PV and wind. This report, commissioned by the Korean Ministry of Trade Industry and Energy and written jointly by the International Energy Agency and the Korea Energy Economics Institute, examines current conditions and future opportunities to ensure electricity security and system flexibility with higher shares of variable renewable energy in Korea. The report examines the…
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Reforming Korea's Electricity Market for Net Zero
The study analyses market design improvements to enable achieving net zero in Korea's power sector, in accordance with the country's long-term decarbonisation objectives. This report was commissioned by Korea's Ministry of Trade, Industry and Energy and carried out jointly by the International Energy Agency (IEA) and the Korea Energy Economics Institute. The objective of the study was to analyse market design improvements to enable achieving net zero in Korea's power sector, in accordance with the country's long-term decarbonisation objectives.For this the IEA devised a Korea Regional Power System Model to evaluate the…
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Chile 2050 Energy Transition Roadmap
World Energy Outlook Special report Chile has made significant strides in its energy transition, towards its ambitious long-term goals and it stands at a pivotal moment in its energy journey, possessing remarkable renewable and critical mineral resources. The Chile 2050 Energy Transition Roadmap, produced at the request of the Government of Chile, and in close collaboration with the Chilean Ministry of Energy, sets out a detailed pathway for the country to reach its legally binding goal of net zero emissions by 2050 while expanding economic growth and improving energy security and affordability. This pathway relies on four pillars: accelerating…
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Energy Policies of IEA Countries: Republic of Korea 2002
Energy Policy Review Energy Policies of IEA Countries: Republic of Korea 2002 The International Energy Agency's 2002 comprehensive review of Korea's energy policies and programmes. This report comes at a time when Korea has become 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… -
Energy Policies of IEA Countries: The Republic of Korea 2006
Energy Policy Review Energy Policies of IEA Countries: The Republic of Korea 2006 The great strides that the Republic of Korea has made over the last three decades are not confined to its economy. Its energy industry has similarly leapt forward in terms of infrastructure and security. Though it has no links to nearby countries that would allow it to rely on electricity imports or piped natural gas, the country has rapidly electrified, built a diverse portfolio of electricity supply, developed a robust nuclear energy industry and become one of the pioneers in the liquefied natural gas trade. As the…
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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…
