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Clean Energy Transitions Programme 2020
…It also summarises IEA activities related to clean energy transitions at a global level, and introduces new and innovative analyses and resources produced throughout the year.
The report initially provides an overview of the CETP’s objectives, then presents highlights of activities and achievements for each priority country (Brazil, the People’s Republic of China. India, Indonesia, Mexico and South Africa), each priority region (Africa, Latin America and Southeast Asia), and globally. Foreword With the CETP as a concrete illustration of our collective willingness and capacity to accelerate the pace of change toward the sustainable energy systems of the future…
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Climate Impacts on South and Southeast Asian Hydropower
Hydropower accounts for 14.5% of total electricity generation in South and Southeast Asia, with a total hydropower installed capacity of 117 GW. The installed hydropower capacity is expected to grow further in order to meet the region’s growing electricity demand and electricity export opportunities, and to maximise the merits of a cost-effective and flexible low-carbon power source. However, climate change poses an increasing challenge to South and Southeast Asian hydropower with rising temperatures, extreme rainfall patterns, melting glaciers, and increasing occurrence of extreme weather events.This report aims to support South and Southeast Asian hydropower in…
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Evolving Energy Service Companies in China
Evolving Energy Service Companies in China Energy service companies (ESCOs) deliver energy efficiency projects that are financed through the resulting energy cost savings. ESCOs can thus unlock energy efficiency action by addressing barriers related to funding and technical expertise. Despite their potential, many governments still struggle to stimulate development of a market for ESCOs. Evolving Energy Service Companies in People’s Republic of China, (“China” hereafter) provides an overview of how China has built the world’s largest and fastest growing ESCO market over the past decades. This report highlights how the government’s strategic measures to set up key…
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An energy sector roadmap to carbon neutrality in China
An energy sector roadmap to carbon neutrality in China In September 2020, President Xi Jinping announced that the People’s Republic of China will “aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060”. Amid the growing wave of governments around the world setting targets for reaching net zero emissions, no pledge is as significant as China’s. The country is the world’s largest energy consumer and carbon emitter, accounting for one-third of global CO2 emissions. The pace of China’s emissions reductions will be an important factor in global efforts to limit global…
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The Role of China’s ETS in Power Sector Decarbonisation
The People’s Republic of China (“China”) officially launched its national emissions trading system (ETS) in 2017, and it will come into operation in 2021. Initially covering the power sector, which accounts for over 40% of China’s energy-related CO2 emissions, the ETS is set to subsequently be expanded to other energy-intensive sectors. China’s national ETS could be an important market-based instrument to help the country meet its recently enhanced climate goals to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.
This report explores how China’s ETS can spur emissions reductions… -
Oil 2021
Analysis and forecast to 2026 Oil 2021 World oil markets are rebalancing after the Covid 19 crisis spurred an unprecedented collapse in demand in 2020, but they may never return to “normal”. Oil 2021, the IEA’s latest medium-term outlook, explains why.
Rapid changes in behaviour from the pandemic and a stronger drive by governments towards a low-carbon future have caused a dramatic downward shift in expectations for oil demand over the next six years. This is forcing hard decisions on oil-producing countries and companies, which are reluctant to leave resources untapped or to install new capacity…
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E4 Country Profile: Energy Efficiency in China
Overview As the world’s largest energy consumer, China’s efforts to improve energy efficiency are crucial to global energy and climate landscapes. In 2018, China alone accounted for 22% of global energy consumption and 29% of total CO2 emissions from fuel combustion. China's progress in implementing mandatory energy efficiency policies over the past decade has made it the world’s energy efficiency heavyweight. Improvements in energy efficiency China has made huge strides in technical energy efficiency. Without the energy efficiency improvements that have been made since 2010, China would have used 25% more energy in 2018. The evolution…
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Fuel economy in China
Market profile and analysis of fuel consumption trends People’s Republic of China (hereafter ‘China’) is the largest light-duty vehicle (LDV) market in the world, with sales of almost 23 million units in 2019. In terms of average fuel consumption of new LDVs, China in 2019 ranked in the top 15 among major LDV markets. Average fuel consumption dropped from 8.7 litres of gasoline equivalent per 100 kilometres (Lge/100 km) in 2005 to 7.2 Lge/100 km in 2019, reflecting an annual average decrease of 1.3%. Fuel economy improvements have occurred across all segments from…