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Regulatory Reform in Argentina's Natural Gas Sector
Regulatory Reform in Argentina's Natural Gas Sector The natural gas sector in Argentina is undergoing profound change as a result of regulatory and structural reforms launched at the end of the 1980s. Critical to achieving national economic restructuring, these reform measures were aimed at improving economic efficiency and increasing investment through greater reliance on market forces and new opportunities for private capital. This report -- the first IEA study to focus on Argentina -- critically reviews the impact of gas-sector reforms. It identifies challenges that policy makers, regulatory and competition authorities still confront, in particular the promotion of competition in…
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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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Renewables 2020
Analysis and forecast to 2025 In May 2020, the IEA market update on renewable energy provided an analysis that looked at the impact of Covid-19 on renewable energy deployment in 2020 and 2021. This early assessment showed that the Covid-19 crisis is hurting – but not halting – global renewable energy growth. Half a year later, the pandemic continues to affect the global economy and daily life. However, renewable markets, especially electricity-generating technologies, have already shown their resilience to the crisis. Renewables 2020 provides detailed analysis and forecasts through 2025 of the impact of Covid-19 on renewables in…
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What is the impact of increasing commodity and energy prices on solar PV, wind and biofuels?
…reductions since 2018 from technology improvements. The exception, however, is in People’s Republic of China (hereafter ‘China’) where wind turbine costs have continued to decrease in 2021, as demand declined following the 2020 deployment boom driven by the planned phase-out of subsidies. How do commodity prices affect the investment costs of solar PV and onshore wind? We estimate that key commodities and freight costs make up about 15% of total utility-scale solar PV and onshore wind investment costs. Solar PV’s largest cost component is the manufacturing and shipment of the module, which is directly affected by…
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Energy Transitions in G20 Countries
Energy data transparency and market digitalization In collaboration with Argentina’s Ministry of Energy, the IEA presents two reports that track the trends in energy transitions in G20 countries. The Energy Data report presents actions for G20 countries and beyond to boost the quality and comprehensiveness of energy data to support energy policies in a more and more digitalised, decentralised, and consumer-focused world, as well as energy market transparency. These reports were prepared in collaboration with IEF, IRENA and OLADE.
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Energy Efficiency Policy Recommendations for Latin America and the Caribbean
This publication was prepared by the IEA, with the support of more than 50 energy efficiency experts from Latin America and the Caribbean, together with the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), and the Ministry of Energy and Mines of Peru. The 20 detailed recommendations span five sectors and cover policies ranging from measures to implement mandatory minimum energy performance standards for buildings and appliances, to improve transport system planning and efficiency and promote energy management systems for industry. They are tailored to regional barriers and opportunities. The IEA has also worked with regional…
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Fuel Economy in Major Car Markets
Technology and Policy Drivers 2005-2017 investigating the fuel economy of newly registered light-duty vehicles (LDVs) across the world from 2005 to 20173. While the average fuel economy of vehicles continues to improve, the rate of progress has slowed in recent years. Fuel Economy in Major Car Markets looks at fuel economy development in the period 2005-2017 for the Global Fuel Economy Initiative (GFEI). It shows that the average amount of fuel required to travel 100 km improved by 1.3% in 2016 and 2017, down from 2% per year between 2013 and 2015. Important drivers for this…
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Hydrogen in Latin America
From near-term opportunities to large-scale deployment The momentum for low-carbon hydrogen is growing in Latin America, with many countries currently developing long-term hydrogen strategies and a project pipeline of more than 25 projects, including several gigawatt-scale projects to export it beyond the region.
In this report we analyse both the region’s potential to play a major role in the future low-carbon hydrogen landscape, and the role that low-carbon hydrogen could play in Latin America’s own clean energy transitions. Low-carbon hydrogen deployment depends on many technologies that are still under development… -
Latin America Energy Outlook 2023
World Energy Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies…
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Proving the viability of underground hydrogen storage
Today in the Lab – Tomorrow in Energy? shines a spotlight on research projects under development in the Technology Collaboration Programmes (TCPs). Learn more about the initiative, read the launch commentary, or explore the TCPs. Demonstrating the technical, economic and social viability of underground hydrogen storage What is the aim of this project?This project under the Hydrogen TCP focuses on demonstrating the technical, economic and social viability of underground hydrogen storage (UHS). The project supports the acceleration of safe implementation of UHS through co-ordinated collaboration and knowledge dissemination, by bringing together research and industry organisations across the world and…