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Energy Policies of IEA Countries: Australia 2018 Review
…the oil supply chain are growing steadily. Gas supply in the east coast market has become tight, leading to higher prices in that market. Australia’s power system finds itself exposed to concerns over reliability, particularly amid extreme weather events. While its carbon intensity is in decline, it is still the highest among IEA countries. For natural gas to play a role as a transition fuel to a low-carbon economy, resource development, additional pipeline capacity and market integration are critical. The government is implementing reforms to foster reliability and security of supply, prompted by the South Australia system wide…
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Developing China's Natural Gas Market
…an increasing recognition of the many advantages of natural gas and by the need to diversify its coal-dominated energy supply, China’s natural gas industry is poised for rapid expansion. This study describes China’s gas market situation and examines the key issues facing its industry and policy makers. Drawing on the experiences and lessons from developed gas markets around the world and taking into account the specific circumstances of the Chinese gas market, it also offers a number of policy suggestions for the Chinese government to consider in its effort to boost the country’s natural gas industry…
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Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience
Partner Country Series - Gas Pricing: China’s Challenges and IEA Experience In line with its aim to meet growing energy demand while shifting away from coal, the People's Republic of China set an ambitious goal of doubling its use of natural gas from 2011 levels by 2015. Prospects as of 2012 were good for significant new supplies – both domestic and imported, conventional and unconventional – to come online in the medium term, but notable challenges remained, particularly concerning gas pricing and the institutional and regulatory landscape. While China’s circumstances are, in many respects unique, some current issues are similar…
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Energy Policies of IEA Countries: Australia 2001
…liquefied natural gas and uranium to the Asia-Pacific region and beyond. This contributes to international availability and security of energy supply. Efforts are under way to increase LNG exports and to make Australian coal even more competitive.
For most of the past decade, Australia has been at the forefront of energy market liberalisation. Following liberalisation by individual states in the early 1990s, the competitive National Electricity Market was established in 1998. The NEM integrates markets across the eastern and south-eastern states. The benefits have been considerable: strong competition, significant price reductions and consumer choice. Gas market reform has… -
Implementing Clean Energy Transitions
…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 of China, India, Indonesia, Mexico and South Africa - will require significant…
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Building a Unified National Power Market System in China
…steps towards implementing markets, and the goals announced in 2020 of carbon dioxide emissions peaking before 2030 and carbon neutrality before 2060 have added momentum to expand their footprint. Provinces have taken a leading role in designing and implementing markets. To improve sharing of resources, the guidance to implement a unified national market system pushes for more co-ordination between provinces.The main audience of this report is policy makers in China and all experts intending to contribute to power sector reforms. Other readers will also find information on how the power sector and, in particular, power markets operate today…
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The Role of Gas in Today's Energy Transitions
…to natural gas, to reduce emissions of carbon dioxide and air pollutants. Four case studies, covering the United States, the European Union, the People’s Republic of China, and India, reveal the various opportunities, hurdles and limits of fuel switching as a way to address environmental challenges. Natural gas is one of the mainstays of global energy. Where it replaces more polluting fuels, it improves air quality and limits emissions of carbon dioxide. In this analysis, we explore how widespread and durable this role might be in some of today's key energy markets. The Role of Gas in Today…
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Australia 2023
…goals.To support its clean energy transition, Australia needs to strengthen its resilience to supply disruptions across all fuels, whether from climate change impacts or global energy price shocks. Flexibility, fuel availability and resilient infrastructure will become even more vital as Australia’s energy system incorporates very high shares of variable renewables and is likely to face more frequent and more extreme weather events. Gas market reforms can help ensure energy security during the transition.In this report, the IEA provides energy policy recommendations to help Australia effectively manage the transformation of its energy sector in line with its goals.
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China's Power Sector Reforms: Where to next?
China's Power Sector Reforms: Where to next? In 2005, China added the equivalent of all the power plants in Norway and Sweden to its electricity generating capacity - and its remarkable demand growth shows no sign of abating. But how can the government best assure affordable and environmentally sustainable electricity supply in the future? Assessing the current state of electricity regulation in China, this report draws on experience elsewhere to explore how better to develop and communicate strategy, how to moderate growth in demand through increased efficiency, how to integrate environmental goals into planning and operation, how to ensure sufficient…
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Enhancing China’s ETS for Carbon Neutrality: Introducing Auctioning
…This report, Enhancing China’s ETS for Carbon Neutrality: Introducing Auctioning – Lessons from international experience, responds to the Chinese government’s invitation to the IEA to co-operate on carbon emissions trading systems. It shows how introducing auctioning could strengthen its national ETS and help China accelerate the clean energy transition and advance towards its climate ambitions. Drawing on international experiences on implementing allowance auctioning in ETS systems, this report explores policy aims and outcomes, key design and implementation elements, and the use of auction revenues. It aims to inform policy makers in China and other jurisdictions considering including allowance…
