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China’s Emissions Trading Scheme
Designing efficient allowance allocation In 2017, the People’s Republic of China (hereafter, “China”) decided to implement a national emissions trading scheme (ETS) to limit and reduce CO2 emissions in a cost-effective manner. Set to start in 2020, the ETS will initially cover coal- and gas-fired power plants. It will allocate allowances (also known as permits), based on the plant’s generation output, with a different benchmark for each fuel and technology. China’s ETS, set to expand to seven other sectors, will be the world’s largest by far, covering one-seventh of global CO2 emissions from…
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Post Covid-19, further reform is necessary to accelerate China’s clean energy future
…continuing and systematic implementation of China’s reform process can help its economic recovery and also lead to a more secure, efficient and clean energy sector. Managing an unparalleled shock to energy demand The economic impacts of the Covid-19 crisis have been different from those seen during a typical recession. Since virtually all economic activity requires energy, energy use normally declines, or grows more slowly, during a downturn, but is generally less volatile than the economy itself. In a recession, people still cook, heat their homes and use electrical appliances.The Covid-19 crisis was different. Starting in China…
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Coal 2020
…tailored in a post-Covid-19 economic recovery. Therefore, Coal 2020 spotlights developments in 2020 and expected conditions in 2021. It also provides an analysis of the evolution of coal supply costs, prices and investment in mining projects. China – the world’s largest coal producer and importer as well as consumer of more than half of global coal – is highlighted. In addition, Coal 2020 includes forecasts of coal demand, production and trade by region and coal grade, and a compilation of coal mining projects in the main exporting countries in its annexes. Coal 2020 is an integral component of the…
- Demand
- Supply
- Trade
- Prices and costs
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Global EV Outlook 2020
…such as electric vehicle and charging infrastructure deployment, ownership cost, energy use, carbon dioxide emissions and battery material demand.
This edition features case studies on transit bus electrification in Kolkata (India), Shenzhen (China), Santiago (Chile) and Helsinki (Finland). The report includes policy recommendations that incorporate learning from frontrunner markets to inform policy makers and stakeholders that consider policy frameworks and market systems for electric vehicle adoption.
This edition also features an update on the performance and costs of batteries. It further extends the life cycle analysis conducted in Global EV Outlook 2019, assessing the technologies and policies that will be…
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Oil Market Report - February 2020
…by the novel coronavirus (Covid-19) and the widespread shutdown of China’s economy. Demand is now expected to fall by 435 kb/d y-o-y in 1Q20, the first quarterly contraction in more than 10 years. We have cut our 2020 growth forecast by 365 kb/d to 825 kb/d, the lowest since 2011. Lower-than-expected consumption in the OECD trimmed 2019 growth to 885 kb/d.The coronavirus outbreak has also led us to revise down the outlook for global refinery runs. Chinese crude throughputs for 1Q20 have been cut by 1.1 mb/d…
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Renewables 2020
…PV growth is expected to remain stable as a faster expansion of utility-scale projects compensates for the decline in rooftop additions resulting from individuals and companies reprioritising investments. Wind and solar PV additions are set to jump by 30% in both the People’s Republic of China (“China”) and the United States as developers rush to complete projects before changes in policy take effect.The renewables industry has adapted quickly to the challenges of the Covid crisis. We have revised the IEA forecast for global renewable capacity additions in 2020 upwards by 18% from our previous update in May…
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Clean Energy Transitions Programme 2019
…highlighting major achievements, successes and outcomes, as well as identifying opportunities for further collaboration with partners and potential partners. It also highlights activities planned for 2020.
The report reflects on the first two years of the CETP and highlights ideas and techniques to achieve even greater progress. The report initially provides an overview of the CETP’s activities, including working methods and results, then presents activities and achievements for each priority country (Brazil, the People’s Republic of China, India, Indonesia, Mexico and South Africa); priority regions (Africa, Latin America and Southeast Asia); and globally. Executive summary 2019 CETP Highlights…