-
Coal 2020
…coal and gas generation. Expanding LNG supply put pressure on natural gas prices, which fell by two‑thirds in Europe from January to September 2019. In the United States, where natual gas is generally cheap, prices in 2019 were 30% lower on average than the previous year. This spurred significant coal-to-gas switching in the power sector. In the European Union, coal-fired power generation saw its largest drop ever, both in relative and absolute terms. In the United States, it experienced its largest drop in percentage terms and second-largest in absolute terms. In India, 2019 marked the first…
- Demand
- Supply
- Trade
- Prices and costs
-
+ 2 pages
-
China’s Emissions Trading Scheme
Designing efficient allowance allocation In 2017, the People’s Republic of China (hereafter, “China”) decided to implement a national emissions trading scheme (ETS) to limit and reduce CO2 emissions in a cost-effective manner. Set to start in 2020, the ETS will initially cover coal- and gas-fired power plants. It will allocate allowances (also known as permits), based on the plant’s generation output, with a different benchmark for each fuel and technology. China’s ETS, set to expand to seven other sectors, will be the world’s largest by far, covering one-seventh of global CO2 emissions from…
-
Renewables 2020
…most major stock market indices and the overall energy sector. This is thanks to expectations of healthy business growth and finances over the medium term. In October 2020, shares of solar companies worldwide had more than doubled in value from December 2019. Renewable power additions defy Covid to set new record Driven by China and the United States, net installed renewable capacity will grow by nearly 4% globally in 2020, reaching almost 200 GW. Higher additions of wind and hydropower are taking global renewable capacity additions to a new record this year, accounting for almost 90% of the increase in…
-
Global EV Outlook 2020
Entering the decade of electric drive? The Global EV Outlook is an annual publication that identifies and discusses recent developments in electric mobility across the globe. It is developed with the support of the members of the Electric Vehicles Initiative (EVI). Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle and charging infrastructure deployment, ownership cost, energy use, carbon dioxide emissions and battery material demand.
This edition features case studies on transit bus electrification in Kolkata (India), Shenzhen (China), Santiago (Chile) and Helsinki (Finland). The report includes policy recommendations that incorporate…
-
Clean Energy Transitions Programme 2019
Annual report 2019 Since the launch of the Clean Energy Transitions Programme (CETP) in November 2017, the IEA has significantly expanded its work to help accelerate energy transitions in major emerging economies. The CETP has played a critical role in both helping to build global momentum for clean energy transitions and in further strengthening the IEA family.
The CETP Annual Report 2019 summarises the programme’s activities in 2019, highlighting major achievements, successes and outcomes, as well as identifying opportunities for further collaboration with partners and potential partners. It also highlights activities planned for 2020.
The report reflects on the…
-
Oil Market Report - February 2020
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the 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 Global oil demand has been hit hard by the novel coronavirus (Covid-19) and the widespread shutdown of China’s economy. Demand is now expected to fall by 435 kb/d y-o-y in 1Q20, the first quarterly contraction in more than 10 years. We…
-
Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…usual as people stayed at home and worked online. The big blow to demand came in the service sector as shopping malls, cinemas and hotels closed. In China, households represent 14% of electricity demand, and the service sector represents 16.4%. In both Europe and the United States, those two sectors each account for around one-third of electricity demand.Electricity demand from the manufacturing sector in China also declined, especially during the most stringent measures to halt the spread of the coronavirus, but it remained resilient outside Hubei – the province where the outbreak of the virus was first detec...