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Saving Energy
…in our daily activities. We can also save energy by investing in more energy efficient products that reduce both our energy bills and our environmental footprint. Energy saving tips 7 ways to save energy 1. Heating: turn it downLower your thermostat by just 1°C to save around 7% of your heating energy and cut an average bill by EUR 50-70 a year. Always set your thermostat as low as feels comfortable, and wear warm clothes indoors. Use a programmable thermostat to set the temperature to 15°C while you sleep and 10°C when the house is unoccupied. This cuts up…
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Iron and steel
Iron and steel
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Shipping
Shipping
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Energy Security
…the IEA convened an International Summit on the Future of Energy Security, hosted by the UK government in London. The event gathered world leaders to address traditional and emerging risks related to energy security in an era of geopolitical strains, technological transformation and a changing climate. Oil security One of the IEA's core missions is to ensure oil supply security through market monitoring, stockholding requirements and collective actions The IEA was founded in 1974 to ensure oil supply security. While much has changed in the global energy landscape since then, the security of oil supply remains a pressing concern for governments…
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Chemicals
Chemicals
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Funding for Low Emissions Technology and Abatement
…a research grant to demonstrate monitoring and verification technologies for geosequestration in Australia -Renewables: Supports capacity building in the renewable energy industry via projects which address barriers to uptake of renewable energy technologies including lack of standards, training, information provision and testing for renewable energy technologies. This underpinning of the deployment of renewable energy technologies is to provide a long term path for significant greenhouse abatement from the energy sector. A planned Low Emission Fossil Fuels component of the programme - intended to target energy efficiency improvement in fossil fueled electricity generators - was cancelled due to lack of interest by the…
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Fossil Fuel Subsidies
…from the domestic sale of imported energy at subsidised prices, or implicit. Many economies rely extensively on domestically produced fuels but import the remainder. In such cases, subsidy estimates represent a combination of opportunity costs and direct expenditures.Estimates using the price gap approach capture only interventions that result in final prices for end users below what would prevail in a competitive market. They do not, for example, capture subsidised research and development, or subsidies for fossil fuel production. These estimates therefore understate total fossil fuel subsidies, as well as their impact on economic efficiency and trade. Despite these limitations…
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Guarantees of origin system for renewable fuels (incl. hydrogen)
…it is meant to contribute to transparency, avoidance of double counting and emissions reduction. The GOs are standardized with the Energy Community and the system is based on the AIB requirements.
The Ordinance on the Placing on the Market of Renewable and Low-Emission Thermal and Motor Fuels (RFO or IBTV in German) specifies the requirements for the sale of these types of fuels. In this regard, the EU voluntary schemes (RED) can also be used as proof of compliance with the requirements. IBTV (Article 3) specifies a minimum of 40% GHG reduction in comparison to the conventional fossil fuel -
Artificial Intelligence
…breakthroughs in the design of AI models, leading to rapid adoption by both businesses and individuals. Though significant uncertainties remain, AI has the potential to transform the energy sector in the coming decade. It is set to drive a surge in electricity demand from data centres around the world while also unlocking significant opportunities to cut costs, enhance competitiveness and reduce emissions.To better understand the growing connections between energy and AI, the IEA launched a major new initiative in 2024: Energy for AI, and AI for Energy. As part of this work, the IEA organised the Global Conference on…
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Data Centres
Data Centres
