-
Oil Market Report - December 2017
…prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb/d on…
-
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…
-
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.
-
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…
-
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…
-
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…
-
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…
-
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…
-
China's Power Sector Reforms: Where to next?
China's Power Sector Reforms: Where to next? In 2005, China added the equivalent of all the power plants in Norway and Sweden to its electricity generating capacity - and its remarkable demand growth shows no sign of abating. But how can the government best assure affordable and environmentally sustainable electricity supply in the future? Assessing the current state of electricity regulation in China, this report draws on experience elsewhere to explore how better to develop and communicate strategy, how to moderate growth in demand through increased efficiency, how to integrate environmental goals into planning and operation, how to ensure sufficient…
-
Railway Handbook 2016
Produced in collaboration with the Union Internationale des Chemins de Fer The production of the Railway Handbook 2016 has been an important opportunity to strengthen the collaboration between the IEA and the UIC. This relationship has served to enrich and improve the knowledge of activity, energy and emissions data associated with the railway sector. Part I of this year’s Handbook is dedicated to presenting the most significant data and trends concerning energy consumption and CO2 emissions from the rail sector, focusing on the most important Regions in terms of rail activity, namely EU 28, USA, Japan, Russia, India and…