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Attracting private investment to fund sustainable recoveries: The case of Indonesia's power sector
…also marks an opportunity to promote development aligned with longer-term sustainability goals, with the energy sector central to these efforts.A number of governments, primarily in advanced economies, have announced large programmes to address the impacts of confinement measures and stimulate the economy. France’s fiscal package is around 5% of gross domestic product (GDP), the United States close to 11% and Japan above 20%. However, many emerging and developing economies – which account for the majority of the world’s population and future energy investment needs – have lower fiscal capacity and ability to raise long-term, low-cost debt…
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Spain Electricity Security Policy
…requirements that are established in the electricity sector regulatory framework and in European law. The other companies are small ones, linked to the historical development of the local networks. As of 30 September 2019, the five traditional suppliers supplied 84.9% of total supply points in the free market (three years before they supplied 90.4%). There is no centralised planning process for the distribution grid, although the government imposes a spending cap on distribution network plans, which are defined over periods of three years.InterconnectionsSpain is interconnected with France, Andorra, Portugal and Morocco. Interconnection with France is carried out th...
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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: Spain 2009
Energy Policy Review Energy Policies of IEA Countries: Spain 2009 Since the last IEA in-depth review in 2005, Spain has made significant progress in improving its energy policy. In Europe, the country is now leading in gas diversification and liquefied natural gas (LNG) development. Together with Portugal, it has set up the common Iberian electricity market, MIBEL, and has strong ambitions in developing it further. It has also become prominent in developing wind and solar energy technology, and succeeded in integrating large amounts of intermittent power in the electricity grid. Along with other IEA member countries, Spain has set…
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Energy Policies of IEA Countries: Spain 2005
Energy Policy Review Energy Policies of IEA Countries: Spain 2005 This International Energy Agency review of energy policies and programmes systematically examines Spain's general energy policy including energy policy as it relates to the environment, energy demand, and energy end-use efficiency as well as energy policy concerning oil, coal, natural gas, renewables, electricity, and nuclear power. It also reviews research and development activities and presents key statistics. It finds that meeting its Kyoto target will be a major challenge for Spain, and makes a series of recommendations on that and other issues including gas storage and electricity interconnections…
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Energy Policies of IEA Countries: Spain 2015 Review
Since the last IEA review in 2009, Spain’s dependence on energy imports has decreased markedly, in part thanks to a rapid increase in renewable energy supply. Spain’s security of supply has further been improved with diversified import sources and enhanced storage capacity for both oil and gas.In the electricity sector, Spain has built a large, diverse and reliable power generation fleet. After several years of efforts, the government has now also managed to solve the massive imbalance between the electricity system’s regulated costs and revenues. The broad and deep electricity market reform has fundamentally changed the…
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Spain 2021
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 2015, Spain has solved a long-standing issue of tariff deficits in its electricity and gas sectors and closed all of its coal mines, which has allowed it to place the energy transition at the forefront of its energy and climate change policies.
The current Spanish framework for energy and climate is based on the 2050…
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Energy Policies of IEA Countries: Spain 2001
Energy Policy Review Energy Policies of IEA Countries: Spain 2001 The International Energy Agency's 2001 review of Spains energy policies and programmes. This edition finds that due to Spain’s geographical setting and limited domestic energy resources, security of supply is a core objective of Spanish energy policy. Energy supply grew by some 3.5% per year from 1996 to 1999 and electricity consumption by 6% per year. Spain is increasingly dependent on imported energy. As Spanish energy markets are being liberalised, it is essential for the government to ensure that it sends signals to the markets which evoke…
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Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia
Many countries have turned to fossil fuel subsidies at some point or another to reduce energy costs in order to cut transportation bills, prop up industries, or finance household electrification, particularly for the poorest families. At the same time, many studies have found that the economic and environmental costs of fossil fuel subsidies far outweighs any of its perceived social benefits, which can be achieved by other more effective means. Drawing on its global experience and extensive analysis of fossil fuel subsidies, the IEA undertook this in-depth look at reforms of fossil fuel subsidies in Mexico and Indonesia. These…
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Deploying Renewables in Southeast Asian Countries
Deploying Renewables in Southeast Asian Countries This paper is part of the IEA ongoing analysis of global renewable energy markets and policies. It focuses on six Southeast Asian countries: Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. The report investigates the potentials and barriers for scaling up market penetration of renewable energy technologies in the electricity, heating and transport sectors in the six countries.