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Oil Market Report - March 2017
…trade for IEA and selected non-IEA countries. Highlights Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb/d in February as OPEC and non-OPEC producers pumped more. At 96.52 mb/d, world oil production stood 170 kb/d below a year ago. OPEC posted a year-on-year decline for the second month running. In 2017 non-OPEC output is set to rise…
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Oil Market Report - May 2017
…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 Weakness in a number of previously solid countries - India, US, Germany and Turkey - curtailed the 1H17 global demand growth estimate by 115 kb/d. Global demand growth is, however, still forecast at 1.3 mb/d in 2017, with demand at 97.9 mb/d.Global oil supply fell by 140 kb/d in April as non-OPEC, and especially Canada, pumped less. At 96.17 mb/d, output stood 90 kb/d below a year ago…
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Technology Roadmap - China Wind Energy Development Roadmap 2050
…by the Energy Resource Institute of China’s National Reform and Development Commission (ERI-NDRC), the China Wind Energy Roadmap is the first national roadmap that has been developed by a country with IEA support, drawing from its global roadmap series. The report shows how the People's Republic of China, already the world’s largest wind market, could reach 1 000 gigawatts of wind power by the middle of the century, an achievement that would reduce CO2 emissions by 1.5 gigatonnes per year, or roughly equivalent to the combined CO2 emissions of Germany, France and Italy in 2009.
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E4 Country Profile: Energy Efficiency in China
…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 that China seizes all efficiency opportunities in a cost-effective manner will be crucial for both China and the world’s transition to low-carbon energy.Energy consumption could reach a peak by 2030 and save 16 EJ - the equivalent of France and Germany’s energy use - by 2040 compared to current trends. These savings would come from the industrial (41%) and transport (30%) sectors…
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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 Policies of IEA Countries: Japan 2008
Energy Policy Review Energy Policies of IEA Countries: Japan 2008 This review takes an in-depth look at the energy challenges facing Japan today and provides critiques and recommendations for policy improvements to help guide the country towards a more sustainable energy future.
Declaring climate change and environment as a top priority of the 2008 G8 Summit in Hokkaido, host country Japan has demonstrated its commitment to pressing ahead in these domains. Already a world leader in advancing energy technology transfer and environmental policy, the country is determined to further improve its domestic policies, moving it towards a more sustainable… -
Energy Policies of IEA Countries: Japan 2003
Energy Policy Review Energy Policies of IEA Countries: Japan 2003 The International Energy Agency's 2003 review of Japan's energy policies and programmes. This edition finds that Japan has ratified the Kyoto protocol and is implementing its 2002 climate change plan. The country has developed an impressive range of policies to address rising CO2 emissions from the energy sector. Some of the measures could be strengthened however, and made more cost-effective. Industry’s use of Kyoto flexible mechanisms could also reduce costs.
Nuclear power plays a key role in Japanese energy policy, but the government’s objective of… -
Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience
Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience In line with its aim to meet growing energy demand while shifting away from coal, the People's Republic of China set an ambitious goal of doubling its use of natural gas from 2011 levels by 2015. Prospects as of 2012 were good for significant new supplies – both domestic and imported, conventional and unconventional – to come online in the medium term, but notable challenges remained, particularly concerning gas pricing and the institutional and regulatory landscape. While China’s circumstances are, in many respects unique, some current issues are similar…
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Integrating Distributed Energy Resources in China
Lessons from international experience Like no other country in the world, the People’s Republic of China (hereafter, “China”) is witnessing rapid growth in distributed energy resources (DERs), including rooftop solar photovoltaics, battery storage and electric vehicle (EV) chargers. As China advances towards its carbon peaking and neutrality goals, these resources offer a unique opportunity to support a more flexible, efficient and resilient power system, provided their integration is well-managed.This report analyses recent trends in DER deployment across China and highlights the emerging challenges their growth poses for power system planning and operation, calling for renewed attention to…
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How much will renewable hydrogen production drive demand for new renewable energy capacity by 2027?
Renewables 2022 This report forms a component of Chapter 4 of Renewables 2022 and addresses a key question in renewable energy markets. Hydrogen production from renewable electricity is expected to play an important role in reaching long-term decarbonisation goals and improving energy security. While less than 1% of global hydrogen production comes from renewable energy sources today, renewable hydrogen is receiving increasing policy attention. A total of 25 countries, plus the European Commission, have announced plans that include hydrogen as a source of clean energy, and several have begun to introduce financial support schemes. As a result, project pipelines for using…