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Oil Market Report - February 2020
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Global oil demand has been hit hard by the novel coronavirus (Covid-19) and the widespread shutdown of China’s economy. Demand is now expected to fall by 435 kb/d y-o-y in 1Q20, the first quarterly contraction in more than 10 years. We…
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Coal 2020
…coal producer and importer as well as consumer of more than half of global coal – is highlighted. In addition, Coal 2020 includes forecasts of coal demand, production and trade by region and coal grade, and a compilation of coal mining projects in the main exporting countries in its annexes. Coal 2020 is an integral component of the International Energy Agency’s annual market report series that also includes oil, natural gas, renewables, electricity and energy efficiency. Executive summary An electricity-driven decline in coal demand in 2019 In 2019, global coal demand decreased 1.8% after two years of growth…
- Demand
- Supply
- Trade
- Prices and costs
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+ 2 pages
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Renewables 2020
…remains strong. From January to October 2020, auctioned renewable capacity was 15% higher than for the same period last year, a new record. At the same time, the shares of publicly listed renewable equipment manufacturers and project developers have been outperforming most major stock market indices and the overall energy sector. This is thanks to expectations of healthy business growth and finances over the medium term. In October 2020, shares of solar companies worldwide had more than doubled in value from December 2019. Renewable power additions defy Covid to set new record Driven by China and the United States, net…
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Clean Energy Transitions Programme 2019
…The report initially provides an overview of the CETP’s activities, including working methods and results, then presents activities and achievements for each priority country (Brazil, the People’s Republic of China, India, Indonesia, Mexico and South Africa); priority regions (Africa, Latin America and Southeast Asia); and globally. Executive summary 2019 CETP Highlights 41%: Proportion of global CO2 emissions from fuel combustion emitted by CETP priority countries36 exchanges with ministers and high-level officials96 technical exchanges in CETP priority countries15 capacity-building events1 709 participants trained41 reports produced or enhanced7.2: CETP 2019 budget (in EUR millions)**These figures are estimated…
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China’s Emissions Trading Scheme
…report suggests how the ETS design could evolve to play a more central role in driving China’s energy transition. Key findings China’s emissions trading scheme, the world’s largest 2020 is proving a watershed year for the development of China’s energy system. The vital work of setting targets and priorities for the 14th Five-Year Plan (2021-25) would have been challenging enough, without the myriad impacts from the emergence of Covid-19. However, it is clear this has become an even more important moment for China’s policy makers to embrace the expanded use of market…
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Global EV Outlook 2020
…Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle and charging infrastructure deployment, ownership cost, energy use, carbon dioxide emissions and battery material demand.
This edition features case studies on transit bus electrification in Kolkata (India), Shenzhen (China), Santiago (Chile) and Helsinki (Finland). The report includes policy recommendations that incorporate learning from frontrunner markets to inform policy makers and stakeholders that consider policy frameworks and market systems for electric vehicle adoption.
This edition also features an update on the performance and costs of batteries. It further extends the life cycle analysis…
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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
The continuing and systematic implementation of China’s reform process can help its economic recovery The Covid-19 pandemic triggered an unprecedented economic shock with profound implications for energy systems around the world. In China, a sharp decline of both oil and electricity consumption followed by a dynamic recovery tested the flexibility of the energy system, but further actions will be needed to improve resilience and sustainability. This article examines opportunities for dedicated policy measures that could help reduce environmental impacts once energy use rebounds after the crisis. The continuing and systematic implementation of China’s reform process can help…