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China’s Official Energy Finance in Emerging and Developing Economies
…in particular, the evolving pattern presents both opportunities – including expanded equity participation and greater risk-sharing – and challenges linked to uneven availability of concessional or long-tenor finance.This report maps and analyses these changes through an energy sector-level dataset covering 2015 to 2024. It explores how China’s evolving financing model is reshaping instruments, institutions and regional allocation patterns, and also considers the strategic and practical implications for EMDE energy transitions.The analysis is complemented by case studies covering a range of technologies and financial structures – from large-scale renewables and electricity distribution to green industrial projects, waste…
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Does security of supply drive key biofuel markets in Asia?
Renewables 2019 Trends to watch number 1 Improving security of supply is a fundamental reason for the introduction of biofuel policy support in China, India and Indonesia, which in turn has raised production prospects. Combined, these countries account for 40% (15 billion litres) of biofuel production growth in the main case forecast (2019‑24).Crude oil import dependency is set to increase in all three countries over the forecast period, meaning that measures to reinforce security of supply are of paramount importance. China already overtook the United States as the largest crude oil importer in 2017, India’s oil demand is set…
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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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How much will renewable hydrogen production drive demand for new renewable energy capacity by 2027?
…total renewable capacity growth. China leads expansion, followed by Australia, Chile and the United States. Together, these four markets account for roughly two-thirds of dedicated renewable capacity for hydrogen production. Globally, new capacity is split evenly between PV and onshore wind, although regional shares vary depending on resource availability. For instance, solar PV makes up most of the growth in the MENA, while in Latin America the electrolyser project pipeline is expected to be mostly filled by onshore wind projects in Chile. Given their long lead times, offshore wind projects account for less than 1% of new renewable capacity…
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IEA Support to Accelerating Renewable Energy Permitting (ARPE)
…as well as all other stakeholders engaged in renewable energy project development.The project was funded by the European Union (EU) via the Technical Support Instrument, which is managed by the Reform and Investment Task Force (SG REFORM) of the European Commission. The project is implemented by the International Energy Agency (IEA), in cooperation with the European Commission. Background In May 2022, the European Commission released the REPowerEU aimed at rapidly accelerating the clean energy transition in the European Union. The plan includes increasing the 2030 target for renewable energy in the overall energy mix to 42.5% (with the ambition…
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Finland 2023
…and strongly expanding wind generation. Thanks to the progress Finland has made on its clean energy transition, the country has the second lowest share of fossil fuels in its energy supply among IEA members. It is also reducing its reliance on Russian energy imports and ensuring energy security by increasing imports from other countries, raising domestic renewable energy production and improving energy efficiency. Despite these notable successes in clean energy and energy security, significant challenges remain. Imported fossil fuels still account for over a third of the energy supply while some areas of the Finnish economy, such as transport and…
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Energy Policies of IEA Countries: Finland 2018 Review
…sustainability and the country’s carbon sink, and it offers perspectives for Finland’s potential for innovation in heavy duty, aviation and maritime transport. The country has aligned its climate and energy policies within a robust policy framework and set ambitious climate targets for 2030, such as cutting oil consumption in half and achieving 30% of renewables in transport by 2030. As the power sector is largely decarbonised, transport is a key sector for the country’s ambitious national climate targets. Finland has been a leader among IEA countries in public and private spending on energy research, development and demonstration…
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Technology Roadmap - China Wind Energy Development Roadmap 2050
Roadmap Technology Roadmap - China Wind Energy Development Roadmap 2050 Developed 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…
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Meeting Power System Flexibility Needs in China by 2030
…before 2060 have added momentum to expand their footprint.This report investigates the evolving flexibility requirements of China’s power system as it transitions towards a cleaner energy mix. The analysis aims to present a market-based policy toolkit that can enhance flexibility, especially during the 15th Five-Year Plan period (2026-2030), focusing on short-term flexibility solutions for the integration of variable renewable energy.Though the main audience of this report is policy makers in China and experts from around the world intending to contribute to power sector reforms, the report also aims to be informative for generalist readers.
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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…