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Renewables 2020
…wind and hydropower are taking global renewable capacity additions to a new record this year, accounting for almost 90% of the increase in total power capacity worldwide. Solar PV growth is expected to remain stable as a faster expansion of utility-scale projects compensates for the decline in rooftop additions resulting from individuals and companies reprioritising investments. Wind and solar PV additions are set to jump by 30% in both the People’s Republic of China (“China”) and the United States as developers rush to complete projects before changes in policy take effect.The renewables industry has adapted quickly to…
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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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Spain 2021
…on the 2050 objectives of national climate neutrality, 100% renewable energy in the electricity mix and 97% renewable energy in the total energy mix. As such, it is centred on the massive development of renewable energy, particularly solar and wind; energy efficiency; electrification; and renewable hydrogen. This is seen as an opportunity to stimulate the economy; create jobs; modernise industry; enhance competitiveness; support vulnerable groups; improve energy security; and support research, development and innovation.Notwithstanding its considerable progress to date on decarbonising and increasing the share of renewables in the electricity sector, Spain’s total energy mix is still heavily…
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Energy Policies of IEA Countries: Spain 2015 Review
…on energy imports has decreased markedly, in part thanks to a rapid increase in renewable energy supply. Spain’s security of supply has further been improved with diversified import sources and enhanced storage capacity for both oil and gas.In the electricity sector, Spain has built a large, diverse and reliable power generation fleet. After several years of efforts, the government has now also managed to solve the massive imbalance between the electricity system’s regulated costs and revenues. The broad and deep electricity market reform has fundamentally changed the remuneration scheme for renewable energy. Spain must now maintain its…
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Energy Policies of IEA Countries: Spain 2009
…technology, and succeeded in integrating large amounts of intermittent power in the electricity grid. Along with other IEA member countries, Spain has set ambitious climate and energy security targets. Achieving these will require a transition to a low-carbon economy. Spain will need to increase its efforts to reduce CO2 emissions, particularly in the transport but also in the critical power sector. As fossil fuels still provide more than half of electricity, Spain will need to keep open all the options – including nuclear, renewables, and the technology of carbon capture and storage – for making its power sector less carbon-intensive.
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Korea Electricity Security Review
…Finally, the report examines key aspects of climate and cyber resilience, suggesting improvements that can be integrated into long-term planning to ensure resilience across the whole value chain. Executive summary Around the world energy transitions are driving up the participation of renewable energy in electricity systems and increasing electricity’s share of total final energy consumption. According to the IEA Sustainable Development Scenario, the share of electricity in total final energy consumption is projected to increase from around 20% today to more than 30% by 2040. Objectives for greater deployment of hydrogen in energy systems will also rely on…
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Energy Policies of IEA Countries: Spain 2001
Energy Policy Review Energy Policies of IEA Countries: Spain 2001 The International Energy Agency's 2001 review of Spains energy policies and programmes. This edition finds that due to Spain’s geographical setting and limited domestic energy resources, security of supply is a core objective of Spanish energy policy. Energy supply grew by some 3.5% per year from 1996 to 1999 and electricity consumption by 6% per year. Spain is increasingly dependent on imported energy. As Spanish energy markets are being liberalised, it is essential for the government to ensure that it sends signals to the markets which evoke…
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Energy Policies of IEA Countries: The Republic of Korea 2006
…going forward. As the economy makes the transition to one with less phenomenal, more sustainable and less predictable growth, the IEA encourages the Republic of Korea to press forward with liberalisation in order to underpin a more flexible and efficient energy sector. Through analysis of its existing policies and comparisons with good examples in other IEA countries, this book provides critiques and recommendations for policy improvements. Covering not only traditional energy sectors, but also energy efficiency, renewables and the environment, this review serves as a guide to understanding – and addressing – the energy challenges that face the modern Republic of Korea.
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Energy Policies of IEA Countries: Republic of Korea 2002
…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 efficiency measures to reduce the energy intensity of the Korean economy, still one of the highest of the IEA countries.
A special attention is paid to the assessment of the energy policy reforms currently unfolding in Korea, in particular in the electricity and in the gas sectors. The report analyses in details the electricity reforms, the gradual emergence of an electricity market… -
Korea 2025
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Korea and the IEA. It draws on the IEA’s extensive…
