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Oil Market Report - March 2017
…trade for IEA and selected non-IEA countries. Highlights Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb/d in February as OPEC and non-OPEC producers pumped more. At 96.52 mb/d, world oil production stood 170 kb/d below a year ago. OPEC posted a year-on-year decline for the second month running. In 2017 non-OPEC output is set to rise…
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Covid-19 impact on electricity
…but steadily recovered as measures were gradually softened. In India, recovery seemed faster and stronger than in EU countries. The end of the year was marked by a recovery of electricity demand, now above 2019 levels after weather adjustment. Electricity demand dropped to Sunday levels under lockdown, with dramatic reductions in services and industry only partially offset by higher residential use. When confinement was eased in Italy and Germany in April, electricity demand showed the first signs of recovering. This trend was confirmed in May, as more countries (India, France, Spain, Great Britain) softened lockdown measures. In June and July…
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Unlocking the Economic Potential of Rooftop Solar PV in India
…Renewable Energy (MNRE) of India, organised an online workshop titled “Unlocking the economic potential of rooftop solar energy in India” on 12 October 2020. The workshop brought together the central and state-level policy makers of India, business communities, regulators, and DISCOMs, along with international experts from Australia, Brazil, Germany and the United States.This report is based on the insights of the workshop’s participants, supplemented by the outcome of additional analysis by IEA and CEEW. It aims to answer six key questions regarding the acceleration of RTS expansion in India, and offers detailed policy options, business solutions and administr...
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Norway Natural Gas Security Policy
…attempt to phase out Russian energy imports, Norway has agreed to increase gas supplies to the EU, which have grown considerably in 2022. Norwegian gas arrives to the EU via a pipeline system and receiving terminals, or as LNG from the Hammerfest LNG plant. Germany is the largest single destination of Norwegian gas with 48.8 billion cubic metres (bcm) delivered in 2021. Total exports peaked in 2017 at 123 bcm, and decreased in the following years until 2020. They rebounded to 113 bcm in 2021 and are expected to reach 118 bcm in 2022. An additional pipeline, the Baltic Pipe with a capacity…
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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…
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Energy Policies of IEA Countries: Norway 2011 Review
Energy Policy Review Energy Policies of IEA Countries: Norway 2011 Norway has a unique twin role as a major oil and gas producer and as a strong global advocate of climate change mitigation. As the world’s third-largest exporter of energy, Norway contributes to global energy security by providing reliable supplies to consuming countries. At the same time, the Norwegians highly value environmental sustainability, and the country takes climate policy very seriously. Norway also manages its petroleum resources and revenue in a commendable way, setting a model for other countries. The challenge now for the government is to stimulate…
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Norway 2022
Energy Policy Review The International Energy Agency (IEA) regularly conducts in-depth peer reviews of the energy policies of its member countries. This process supports energy policy development and encourages the exchange of international best practices and experiences.Since the last IEA review in 2017, Norway has remained a global pillar of energy security, providing the world with stable supplies of oil and gas produced in an environmentally conscious manner. Norway has updated its already ambitious targets to reduce greenhouse gas emissions, with plans to achieve 90-95% reductions (excluding sinks) from 1990 levels by 2050.Norway has considerable work…
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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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Energy Policies of IEA Countries: Norway 2001
Energy Policy Review Energy Policies of IEA Countries: Norway 2001 The International Energy Agency's 2001 review of the energy policies and programmes of Norway. It finds that oil and gas contribute about 40% of Norway’s exports, and up to 16% of GDP, depending on world oil prices. The government used production controls as a means of influencing prices in 1986, in 1998 and again in 2002.
Important changes are occurring in the oil and gas sector. Statoil has been partially privatised, the State Direct Financial Interest in oil and gas developments has been restructured, and the Gas Negotiations… -
Energy Policies of IEA Countries: Norway 2005
Energy Policy Review Energy Policies of IEA Countries: Norway 2005 This International Energy Agency review of Norway's energy policies and programmes examines recent developments related to each type of energy as well as environmental and market issues.
Energy policy in Norway continues to be the object of considerable domestic and international political attention. The development of its petroleum resources contributes significantly to Europe’s security of supply. Norway enjoys extensive access to hydro power and its pioneer role in the liberalised Nordic electricity market is commendable. However, Norway is now facing important challenges. Energy consumption growth is outpacing onshore…