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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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Fuel economy in Mexico
…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 vehicles with a footrpint above 5.20 m2. In 2018, standards were updated, requiring a 15% improvement by 2020 and 35% by 2025 from 2016 levels for passenger LDVs. The Federal Law on New Automobiles Taxation in Mexico exempts battery electric and hybrid vehicles from sales and import fees.
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Implementing Clean Energy Transitions
…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/IRENA Policy and Measures database…
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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 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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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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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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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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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…
