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Energy Policies of IEA Countries: United Kingdom 2019 Review
…its long term decline, however, oil and gas imports are critical. Maintaining open energy trade with the Continent and the world has to remain a top priority. The UK Clean Growth Strategy puts energy technology and innovation at the centre of its decarbonisation policy. The IEA underlines that the country’s offshore expertise is a strong basis for innovative technologies, such as carbon capture, utilisation and storage, and also hydrogen, along with improving energy efficiency. In this report, the IEA provides recommendations to help the country guide the transformation of the UK energy sector and to meet its ambitious targets.
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Energy Policies of IEA Countries: The United Kingdom 2012 Review
…Ideally, this complex and ambitious reform would in the long run lead to a more liberalised marketplace in which low-carbon power generation technologies compete to deliver innovative and least-cost outcomes. Security of supply remains a key focus of energy policy. Fossil fuel production in the United Kingdom has peaked, and a fifth of the country’s ageing power generating capacity will have to be closed this decade. However, oil and gas imports are well diversified, and the government intends to promote various technologies to generate low-carbon electricity – renewable and nuclear energy and carbon capture and storage. More…
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Energy Policies of IEA Countries: United Kingdom 2002
…It finds that the UK energy sector has performed remarkably well during the 1990s. The gas and electricity markets opened up to competition. Real gas and electricity prices fell. Domestic natural gas replaced coal in the power industry, and carbon dioxide emissions and air pollution declined as a result. Increased oil and gas production on the UK continental shelf has contributed significantly to these developments. Central to the success of the energy sector however, was a readiness to adjust policies and regulatory measures when shortcomings became apparent. The last major adjustment was the introduction of the New Electricity Trading Rules…
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Energy Policies of IEA Countries: The United Kingdom 2006 Review
Energy Policy Review Energy Policies of IEA Countries: The United Kingdom 2006 Review The United Kingdom is facing a critical moment in its energy policy: North Sea oil and gas production is declining, dependence on imported energy is increasing, while rising energy prices and climate change considerations pose further challenges. Energy Policies of the United Kingdom 2006, the second thematic review of an IEA country, addresses these challenges, focusing on energy investment, energy efficiency and the return of nuclear power to the political agenda. Almost all coal-fired and nuclear power capacity in the United Kingdom will be retired within…
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United Kingdom 2024
Energy Policy Review Government action plays a pivotal role in ensuring secure and sustainable energy transitions and combatting the climate crisis. Energy policy is critical not just for the energy sector but also for meeting environmental, economic and social goals. Governments need to respond to their country’s specific needs, adapt to regional contexts and help address global challenges. In this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies. This Energy Policy Review was prepared in partnership between the Government of the United Kingdom and the IEA…
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Oil and Gas Emergency Policy: The United Kingdom 2010 update
Oil and Gas Emergency Policy: The United Kingdom 2010 update In 2007, the IEA published Oil Supply Security: Emergency Response of IEA Countries. This report provides an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The report represented the findings of a five-year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies. Rather than waiting for the completion…
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Changes in transport behaviour during the Covid-19 crisis
…For the energy sector, this trend has had huge knock-on effects for oil consumption, contributing to a 5% decrease in demand in the first quarter of 2020. With passenger transport responsible for around 40% of final oil demand and 15% of global energy-related carbon emissions, any crisis-induced changes to way we travel will have significant global implications, if changes to transport behaviours become permanent after lockdowns are lifted.Therefore, a key question for the energy sector is whether changes to transport behaviours during the crisis may result in a permanent change in behaviour (and transport energy use…
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Fuel economy in the United Kingdom
Market profile and analysis of fuel consumption trends Almost 2.7 million light-duty vehicles (LDVs) were sold in the United Kingdom in 2019, down 8% from 2017 levels. Average fuel consumption of new LDVs improved from 7.4 litres of gasoline equivalent per 100 kilometres (Lge/100 km) in 2005 to 5.7 Lge/100 km in 2016, but has since risen to 6.3 Lge/100 km in 2019, which is 12% below the global average. This recent hike is largely driven by a growing market for SUVs/pick-up trucks and a reversal in fuel economy improvements across LDV segements. The sales share…
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United Kingdom's legislation on oil security
…specified time to, and to be maintained at a specified level (section 6(2)(a) EA). Substantial suppliers to the UK market, which are defined as persons who supplied crude liquid petroleum or petrol products exceeding 50,000 tonnes to the UK in the course of carrying on an undertaking during a relevant period (Article 16(1)(a)-(b) OSO), may also be directed to create emergency stocks (section 6(2)(b) EA). Storage AgencyThe United Kingdom does not have a Central Stockholding Entity. Instead the UK fulfils its stockholding obligations by imposing stockholding obligations on commercial entities. Storage Quant...