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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
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Attracting private investment to fund sustainable recoveries: The case of Indonesia's power sector
…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. In addition to a steep reduction in aggregate demand, investment uncertainties…
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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…