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Clean Energy Transitions Programme 2020
…in supporting clean energy transitions, putting sustainable development at the heart of economic recovery measures and further strengthening the IEA family.
The CETP Annual Report 2020 highlights the programme’s main activities, presenting major outcomes and areas for further work as well as planned activities for 2021. It also summarises IEA activities related to clean energy transitions at a global level, and introduces new and innovative analyses and resources produced throughout the year.
The report initially provides an overview of the CETP’s objectives, then presents highlights of activities and achievements for each priority country (Brazil, the People’s Republic…
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Evolving Energy Service Companies in China
Evolving Energy Service Companies in China Energy service companies (ESCOs) deliver energy efficiency projects that are financed through the resulting energy cost savings. ESCOs can thus unlock energy efficiency action by addressing barriers related to funding and technical expertise. Despite their potential, many governments still struggle to stimulate development of a market for ESCOs. Evolving Energy Service Companies in People’s Republic of China, (“China” hereafter) provides an overview of how China has built the world’s largest and fastest growing ESCO market over the past decades. This report highlights how the government’s strategic measures to set up key…
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An energy sector roadmap to carbon neutrality in China
…Amid the growing wave of governments around the world setting targets for reaching net zero emissions, no pledge is as significant as China’s. The country is the world’s largest energy consumer and carbon emitter, accounting for one-third of global CO2 emissions. The pace of China’s emissions reductions will be an important factor in global efforts to limit global warming to 1.5 °C. This report, An Energy Sector Roadmap to Carbon Neutrality in China, responds to the Chinese government’s invitation to the IEA to co-operate on long-term strategies by setting out pathways for…
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The Role of China’s ETS in Power Sector Decarbonisation
The People’s Republic of China (“China”) officially launched its national emissions trading system (ETS) in 2017, and it will come into operation in 2021. Initially covering the power sector, which accounts for over 40% of China’s energy-related CO2 emissions, the ETS is set to subsequently be expanded to other energy-intensive sectors. China’s national ETS could be an important market-based instrument to help the country meet its recently enhanced climate goals to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.
This report explores how China’s ETS can spur emissions reductions… -
Oil 2021
…up last year is being worked off and global oil stocks, excluding strategic reserves, will return to pre-pandemic levels in 2021. And yet, there may be no return to “normal” for the oil market in the post-Covid era.The pandemic has forced rapid changes in behaviour: from new working-from-home models to cuts in business and leisure air travel. At the same time, more and more governments are focusing on the potential for a sustainable recovery as a way to accelerate momentum towards a low-carbon future. The outlook for oil demand has shifted lower as a…
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Climate Impacts on South and Southeast Asian Hydropower
Hydropower accounts for 14.5% of total electricity generation in South and Southeast Asia, with a total hydropower installed capacity of 117 GW. The installed hydropower capacity is expected to grow further in order to meet the region’s growing electricity demand and electricity export opportunities, and to maximise the merits of a cost-effective and flexible low-carbon power source. However, climate change poses an increasing challenge to South and Southeast Asian hydropower with rising temperatures, extreme rainfall patterns, melting glaciers, and increasing occurrence of extreme weather events.This report aims to support South and Southeast Asian hydropower in…
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E4 Country Profile: Energy Efficiency in China
…programmes, such as digital energy labelling and reinforcement of the mandatory TOP 10 000 scheme in the industrial sector, which have been applauded by the international community. These are key policies that make China’s energy efficiency policy coverage well above the global average. Policy coverage for buildings includes China’s building codes and comprehensive appliance standards. These have been crucial to limiting the increase in energy use resulting from high rates of construction and higher rates of appliance ownership. Energy efficiency opportunities China has enormous energy efficiency improvement potential according to the IEA’s Efficient World Scenario (EWS). Ensuring…
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Fuel economy in China
…10.6% annually.China’s LDV market has substantially changed with the sales share of city cars contracting from 22% in 2005 to 4% in 2019, while the market for SUV/pick-ups ballooned from 6% in 2005 to 42% in 2019. As a result, the average weight of LDVs in China increased 23% since 2005 and reached 1 476 kg in 2019, nearly the same as the global average.Gasoline powertrains continue to dominate the LDV market in China, accounting for 93% in 2019. However, shares of electric, plug-in and hybrid powertrains have continued to grow since 2005…