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Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia
…provide an overview of fuel subsidies in each country and then focus on transport fuels in Indonesia and electricity in Mexico. The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures. Rather they should engage the public at every step of the way, undertake detailed consultations and public opinion surveys, and set up a process that develops public participation and acceptance for the policies. These findings should be of interest to policy makers considering or implementing reforms to fossil fuel subsidies as well as readers…
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Will new PV manufacturing policies in the United States, India and the European Union create global PV supply diversification?
…However, the one-time subsidy means that manufacturing efficiencies will need to be achieved through economies of scale to maintain long-term competitiveness. Meanwhile, fully monetising manufacturing tax credits in the United States could bring all the country’s segments of solar PV manufacturing to cost parity with the lowest-cost manufacturers. Favourable solar PV manufacturing policies in India and the United States have spurred multiple new project announcements. In the first phase of India’s PLI programme, almost 9 GW of integrated manufacturing capacity were contracted, and in the second phase the government is expecting to subsidise another 65 GW…
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Petroleum Prices, Taxation and Subsidies in India
The views expressed in this report are those of the author(s) and do not necessarily reflect the views or policy of the IEA or of its individual member countries. The current Indian system of effectively subsidised petroleum product prices has significant implications for the emergence of India as a major global energy consumer, for the integrity of India’s Central Government budget and for investment in India’s growing oil and petroleum sector. This report is part one of a broader study that looks at the current system of petroleum pricing and the macroeconomic, microeconomic, regional and global effects…
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India’s Downstream Petroleum Sector
India’s Downstream Petroleum Sector This study provides a holistic examination of pricing and investment dynamics in India’s downstream petroleum sector. It analyses the current pricing practices, highlights the tremendous fiscal cost of current pricing and regulatory arrangements, and examines the sectoral investment dynamics. It also looks at potential paths towards market-based reform along which the Indian government may move, while at the same time protecting energy market access for India’s large poor population.
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Energy Policy Review of Indonesia
…climate, and developing electricity generation capacity. While some very difficult decisions have been made over recent years, many challenges remain. Energy Policy Review of Indonesia assesses the country’s major energy issues. The Review offers an analysis of Indonesia’s energy sector, with findings and recommendations that draw on experience in IEA member countries. Six areas are suggested for priority attention, including progressive reduction in fuel and electricity subsidies, better implementation of policy, improving clarity of the investment framework, helping the energy regulators do their job more effectively, and harnessing a sustainable development agenda particularly renewable energy and energy efficiency.
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Attracting private investment to fund sustainable recoveries: The case of Indonesia's power sector
World Energy Investment – Country focus The report, a country-focus of the 2020 World Energy Investment, analyses Indonesia’s shift to economic recovery and a more sustainable power system, and explores the implications for government decision making. The report tracks the investment and financing trends in Indonesia’s power sector, quantifying capital expenditures and assessing future spending needs under a sustainable pathway, and summarised the country’s macroeconomic performance. In addition, the report characterises the availability of public and private funds by provider, origin and instrument. The report identifies key issues that affect investment decisions in renewable power generation as…
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Implementing Clean Energy Transitions
Focus on road transport in emerging economies This report assesses the impact of the road transport sector on energy demand, CO2 emissions and air pollution in several selected major emerging economies over the coming decades under several IEA modelling scenarios. Most notably the Announced Pledges Scenario (APS) aims to show to what extent announced ambitions and targets, including the most recent ones, are on the path to deliver emissions reductions required to achieve net zero emissions by 2050.Bringing about a road transport decarbonisation pathway in line with the APS in the selected major emerging economies - Brazil, People’s Republic…
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Indonesia Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.
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Coal in the Energy Supply of India
Coal in the Energy Supply of India Indian coal reserves are the third largest in the world, after the United States and China. India is the third largest coal producer in the world and the eighth largest importer. With annual production of 310 million tonnes and imports of almost 25 million tonnes, coal provides one-third of energy supply in India.
The Indian government forecasts huge increases in electricity capacity based on coal. Massive increases in coal supply would be required if these plans are realised, although it is not clear if they are feasible. The principal objective of Indian… -
India Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.