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Energy Policies of IEA Countries: Greece 2011 Review
…should help generate self-sustained employment and prosperity for the country. Reforming the electricity and gas markets is an economic and political imperative. In particular, regulatory authorities must be given the necessary power and independence to reduce the market power of dominant firms. Commendably, Greece adopted a law to this end in August 2011. The envisaged reforms are fundamentally sound and can help the economy grow. The government’s key focus should now be on implementing this law in full without delay. Greece has a large potential for wind and solar energy and is rightly determined to fulfill this potential…
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Energy Policies of IEA Countries: Greece 2017 Review
Greece is currently implementing comprehensive energy sector reforms towards creating competitive energy markets. The reforms will reveal opportunities for investors and for transformation of the energy system, thereby providing sustainable outcomes for the environment and for Greek society. This International Energy Agency review highlights the areas that are critical to the success of Greece’s energy policy agenda. Greece can use the economic recovery as an opportunity to get ahead with longer-term emissions reduction outcomes by pursuing initiatives that support sustainable increases in efficiency and by increasing the share of natural gas and renewable energy in the energy mix…
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Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia
…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 following developments in global and regional energy markets.
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Energy Policies Beyond IEA Countries: Mexico 2017
…to remain a priority. The transition to open energy markets should continue in a transparent manner, and with regulatory certainty. The new roles and responsibilities for the public and private entities, in particular for energy supply emergencies and energy data collection, should be defined well. It is also critical to ensure sufficient resources for the several new or strengthened regulatory authorities. For the long term, as Mexico’s population, cities and economy are projected to grow strongly, a cross-sectoral approach is required to limit the increase in energy demand and energy-related greenhouse gas emissions. This review analyses the…
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Mexico Energy Outlook 2016
…scene of tomorrow? This analysis provides a comprehensive assessment of Mexico’s energy demand and supply outlook to 2040. The report maps out the implications of the Reforma Energética across the energy economy; explores the ambition of a reformed power market to meet rising demand, while tapping Mexico’s abundant renewable resources and reducing the costs of power supply; assesses how and when the new upstream bid rounds can turn around today’s declines in oil and gas output; and identifies the challenges that remain, while also quantifying the value of Mexico’s energy transformation in a "No Reform Case".
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Boosting Efficiency in Latin America
Delivering affordability, security and jobs to advance people-centred energy transitions Countries around the world are facing an energy security and affordability crisis affecting households, businesses and public budgets. In Latin America, household expenditure on energy services is second only to food. On average, the share of household budget for energy ranges between 7% and 9% of income – and up to more than 24% for the poorest households. As governments urgently implement measures to protect citizens and secure their economies, it is important to consider short- and long- term solutions to ease existing pain and reduce risks over time. While…
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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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Energy Policies of IEA Countries: Greece 2006 Review
…significant progress in setting the course for reforming its electricity and gas markets. Energy diversification has improved, with natural gas becoming increasingly important in the energy supply. Significant challenges, however, remain. Even though many of the market reform laws required by the European Union are now in place, the market power of the incumbent energy suppliers still continues to restrict competition. Unless this issue is addressed, a fully competitive energy market is inconceivable and the potential benefits that consumers could derive will be significantly diminished. Of particular concern are the arrangements for ownership of the electricity and gas transmission systems…
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Oil and Gas Emergency Policy: Greece 2010 update
Oil and Gas Emergency Policy: Greece 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 of the…
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Mexico 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.