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Is the biofuel industry approaching a feedstock crunch?
…the majority of biodiesel, renewable diesel and biojet fuel consumption growth. Combined, demand for these fuels increases by 44% or 21 billion litres in our main case over 2022-2027. In the United States, the renewable fuel standard, state-level low-carbon fuel standards and the IRA’s tax credits boost demand for renewable diesel and biojet fuel. Most requirements are met with domestic production from a mixture of feedstocks (e.g. soybean oil, rapeseed oil, corn oil, used cooking oil and animal fats). In Europe also, consumption of renewable diesel and biojet fuel increase the most. Total demand growth…
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Energy Policies of IEA Countries: United States 2019 Review
…concept of “energy dominance,” which reflects a strategy of maximising energy production, expanding exports and being a leader in energy technologies. Environmental deregulation is a central focus, though it may have implications for the trajectory of greenhouse gas emissions. The United States has achieved notable reductions in CO2 emissions over the past decade, led by its power sector. Low-cost shale gas combined with falling costs and policy support for renewables have shifted dependence away from coal-fired generation. Still, closures of coal and nuclear plants are expected to continue, requiring policy and regulatory responses to ensure a steady transition…
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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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Energy Policies of IEA Countries: United States 2007
…to address growing emissions of greenhouse gases. The United States national strategy is to find solutions largely through technology. It is a world leader in R&D and is driving development of carbon capture and storage and second-generation biofuels. But thus far, no federal government policy is in place to establish as a target an absolute reduction of CO2 emissions. The resulting uncertainty risks holding back investments into new technologies and may delay projects that are urgently required. The transport sector will be a key to a sustainable success. In the short to medium term, reduced fuel demand through…
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Renewables 2020
…renewables in the electricity heat and transport sectors. Executive summary Renewables’ resilience is driven by the electricity sector In sharp contrast to all other fuels, renewables used for generating electricity will grow by almost 7% in 2020. Global energy demand is set to decline 5% – but long-term contracts, priority access to the grid and continuous installation of new plants are all underpinning strong growth in renewable electricity. This more than compensates for declines in bioenergy for industry and biofuels for transport – mostly the result of lower economic activity. The net result is an overall increase of 1% in renewable…
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Finland 2023
…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 key industrial activities, remain dependant on fossil fuels. Also, land use change and forestry in Finland, which have historically offset a significant amount of greenhouse gas emissions, became a net source of emissions for the first time in 2021. In this report…
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Energy Policies of IEA Countries: United States 2002
…influence on energy policy throughout the world. The 2001 National Energy Policy is an important development. The US is taking unilateral action as an alternative to the Kyoto Protocol. This report urges consideration of legislation on carbon dioxide and adoption of policies allowing international trading in emissions. Strengthening fuel economy standards is an encouraging approach to energy use in transport. Different standards for cars and light trucks should be addressed as a priority. Policies to promote new sources of energy supply should be balanced by continuing effort to enhance efficient use of energy. Regional Transmission Operators are a sensible means…
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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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Biofuel Policy in Brazil, India and the United States
Insights for the Global Biofuel Alliance As part of its G20 presidency, India has proposed a Global Biofuel Alliance (GBA) to bring countries together to expand and create new markets for sustainable biofuels. The sharing of best practices, the technical support and the capacity building that the GBA would bring are welcome additions to international efforts to expand sustainable biofuel production and use, a key step to decarbonising transportation and heat services with secure and affordable energy supplies. This report aims to inform and focus the Alliance’s work by sharing biofuel policy insights from Brazil, India and the United…
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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…