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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
…People’s Republic of China (hereafter, “China”) has been making big 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…
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Oil Market Report - May 2023
…$88.09/bbl in mid April following the surprise output cuts announced by some OPEC+ members. Prices failed to hold on to the gains, however, as pessimism about global economic growth resurfaced, exacerbated by tightening bank credit and a reversal of technical support in paper markets. At the time of writing, Dated was trading around $76/bbl. Roller coaster ride Oil prices retreated during April and early May as concerns over the health of the global economy and oil demand prospects depressed market sentiment. North Sea Dated plunged by nearly $16/bbl in just two weeks, reversing gains that followed...
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Oil Market Report - January 2023
…7 mb/d. An overall non-OPEC+ rise of 1.9 mb/d will be tempered by an OPEC+ drop of 870 kb/d due to expected declines in Russia. The US ranks as the world’s leading source of supply growth and, along with Canada, Brazil and Guyana, hits an annual production record for a second straight year.Global refinery activity was steady in December as US runs plunged 910 kb/d due to weather-related outages, but higher runs in Europe and Asia offset the fall. After an increase of 2.1 mb/d in 2022, refinery throughputs…
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A Vision for Clean Cooking Access for All
World Energy Outlook Special Report Nearly one in three people, the vast majority of them in the poorest regions of the world, still lack access to clean cooking facilities, with major ramifications for public health, local environments and socio-economic development. Inhaling hazardous smoke from traditional stoves and open fires causes millions of premature deaths annually, disproportionately affecting women and children. The arduous task of collecting firewood also hinders educational and employment opportunities and strains natural resources – compounding costs for vulnerable populations.The International Energy Agency (IEA) and the African Development Bank Group have joined forces to address this critical…
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Clean Energy Transitions Programme 2022
Annual report 2022 In the five years since its launch, the Clean Energy Transitions Programme (CETP) has become the largest and most important programme at the International Energy Agency (IEA). It has been the main vehicle through which the IEA has established, deepened and strengthened partnerships with major non-member countries – those countries that are at the forefront of the clean energy transition. The programme has also played a crucial role in enabling the IEA to strengthen its global leadership role in clean energy transitions at a pace and scale that would otherwise not have been possible, with great benefit…
