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Implementing Clean Energy Transitions
…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 of China, India, Indonesia, Mexico and South Africa - will require significant enhancement of existing policies and the introduction of new innovative policies and measures in each of selected countries. Our report sets out six policy areas critical to the achievement of the road transport transitions and a series of recommendations for strengthening financing for the sector.Importantly, the report…
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Clean Energy Transitions Programme 2022
…the programme’s major achievements in the last year. During this time, the CETP has driven forward an ambitious and impactful agenda, even as the world has contended with multiple overlapping crises. As just some examples, the CETP delivered the Energy Sector Roadmap to Net Zero Emissions in Indonesia, which ministers strongly welcomed at the G20, and has played a key role in shaping Indonesia’s landmark Just Energy Transition Partnership (JETP). Similarly, the IEA has been able to take its engagement to a whole new level with various African countries, such as with its first-ever report on the…
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Spain Natural Gas Security Policy
…and Climate Plan, Spain anticipates demand for natural gas to be flat until 2030. Natural gas accounts for almost one-third of electricity generation. There remains some uncertainty around gas’ future role as a baseload capacity in an electricity mix based on variable renewables. The government plans to significantly expand renewable gases, based on a biogas roadmap under development.Spain’s natural gas supply has a very high level of security, even in a crisis situation. The country's multiple supply routes, six large LNG terminals and an extensive gas network, guarantee supply in almost any situation. Minimum stocks of…
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Spain Oil Security Policy
…oil products. According to Spain’s National Energy and Climate Plan (NECP), which targets carbon neutrality in 2050, oil consumption will drop by 23% over the next 10 years, contributing to a 31% cut of overall greenhouse gas (GHG) emissions over the period. This will come about due to major changes in transport and mobility patterns in the country, with 5 million electric vehicles on the roads by 2030, strong standards for urban circulation, increased use of railways for transporting goods, and modal shift to public transportation. Accelerated penetration of biofuels, beyond the target of 10% in 2022, might prove…
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Scaling Up Demand Flexibility
From peak management to efficient system operation This report has been developed as part of the International Energy Agency (IEA) Digital Demand-Driven Electricity Networks (3DEN) initiative to examine the growing importance of demand flexibility in electricity systems amid rising demand, increased renewable energy integration and the electrification of power systems. Case studies in chronological order to examine the changing role of demand flexibility over time from South Africa (2025), Thailand (2030) and Ireland (2035) demonstrate how demand flexibility improves reliability, reduces costs, supports renewables integration and manages network constraints. To realise these benefits, the report emphasises the role for…
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Sustainable Production of Second-Generation Biofuels
Sustainable Production of Second-Generation Biofuels This study aims to identify opportunities and constraints related to the potential future production of second-generation biofuels in major economies and developing countries, and to examine under which conditions the new fuels could be produced sustainably in these countries. The report identifies global drivers for second-generation biofuel development, discusses projections on biomass potentials and assesses the potential of agricultural and forestry residues for the sustainable production of lignocellulosic biofuels.
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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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South Africa 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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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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Energy Efficiency 2018
Analysis and outlooks to 2040 Energy efficiency can bring significant economic, social and environmental benefits. But while energy efficiency is improving around the world, its positive impact on global energy use is overwhelmed by rising economic activity across all sectors. Efficiency can enable economic growth, reduce emissions and improve energy security. The right efficiency policies could enable the world to achieve more than 40% of the emissions cuts needed to reach its climate goals without new technology. Energy Efficiency 2018 looks at why efficiency’s massive potential remains untapped, and through the new Efficient World Scenario explores what would happen if countries maximized…