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Austria
Austria is committed to reaching climate neutrality by 2040. Over three quarter of electricity generation already comes from renewables, with a target of achieving a 100% renewable electricity supply by 2030 (national balance). This requires investments to make networks more resilient and flexible, optimise demand side management, and updating the legal and regulatory framework to allow more consumer participation. Buildings and transport account for around half of total emissions . To progress the transition in these sectors, the government supports building renovation, switching from fossil fuels to sustainable heating systems, the electrification of transport and invests in public transport infrastructure.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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World Energy Outlook 2025 Implications of CPS and STEPS
Between continuity and change By 2035, energy demand in the Current Policies Scenario (CPS) is around 35 exajoules (EJ) higher than in the Stated Policies Scenario (STEPS), a difference roughly equivalent to the current annual energy demand of the Middle East. All the extra energy required in the CPS compared to the STEPS comes from oil, natural gas and coal. In the absence of renewed geopolitical disruptions, markets for oil and natural gas appear well supplied in the coming years. But production from existing oil fields declines at a rate of 8% per year, if no investment is made, so it…
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Energy Minister Order No.2 2023 on the Utilisation of CCUS in Oil and Gas exploration
In March 2023, the Indonesian Government under the Ministry of Energy and Mineral Resources finalised a legal and regulatory framework for the implementation of Carbon Capture, Utilization and Storage (CCUS) in oil and gas exploration and production activities. The framework relies on the holders of oil and gas leases to spearhead CO2 storage development and operation. Storage activities that include dedicated storage operations and those associated with enhanced hydrocarbon recovery are to be conducted within the existing lease areas, such as in depleted oil and gas fields. The framework also includes a transfer mechanism whereby the government assumes long-term…
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Regional Carbon Sequestration Partnerships (RCSP)
…Regional Carbon Sequestration Partnership (RCSP) is an initiative for advancing carbon capture, utilisation and storage (CCUS) demonstration projects and mapping potential storage locations. There are 7 partnerships: Big Sky Carbon Sequestration Partnership (led by Montana State University)Midwest Geological Sequestration Consortium (led by Illinois State Geological Survey)Plains CO2 Reduction Partnership (led by University of North Dakota Energy & Environmental Research Center)Midwest Regional Carbon Sequestration Partnership (led by Battelle)Southeast Regional Carbon Sequestration Partnership (led by Southern States Energy Board)Southwest Regional Partnership on Carbon Sequestration (led by New Mexico Institute of Mining and Technology)West Coast Regional Carbon…
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The Low-Carbon Energy Research Funding Initiative
The Low-Carbon Energy Research (LCER) Funding Initiative (FI) is a multi-agency initiative that aims to develop low-carbon energy technologies in hydrogen and carbon capture, utilisation, and storage (CCUS), to support the decarbonisation of the power and industry sectors. The first grant call was issued in 2021 and focused on developing low and medium technology readiness level (TRL) technologies (i.e. low: TRL 1-3, medium: TRL 4-6). Singapore selected 12 research, development and demonstration projects as part of the first call, totalling SGD 55 million.The second grant call was launched in 2023 for funding to…
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New Growth Acceleration Program (PAC) - Low-carbon fuels
The New Growth Acceleration Program (PAC) is Brazil's investment policy plan which provides public and private financial support to large scales projects on energy, including implementing research studies to understand the role of biofuels on the energy transition on carbon capture, utilisation and storage (CCUS) as well as green hydrogen projects.
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Section 45Q Credit for Carbon Oxide Sequestration
…all carbon oxides, not only CO2, raised the amount of the tax credits; introduced a start-of-construction deadline (originally 1 January 2024 and subsequently extended to 1 January 2026) and 12-year claim period; removed the original 75 million tonne cap; allowed credits for direct air capture and CO2 utilisation; and allowed owners of capture equipment to claim credits and for that entity to transfer the credit to the entity storing the CO2, introducing more flexibility into ownership structures. In January 2021, the IRS issued final regulations for claiming Section 45Q credits including requirements for demonstrating secure geological storage…
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2050 Carbon neutrality scenarios (final)
…came up with upgraded two scenarios which both call for the coal phase-out suggesting different proposals in sectors such as power supply, transportation, hydrogen, and carbon capture, utilisation and storage (CCUS). The specific scenarios are as follows: • 1st Scenario: aiming to eliminate all thermal power generation using fossil fuel and LNG to achieve zero emissions in the power supply sector • 2nd Scenario: aiming to abolish coal-fired power generation but will keep LNG as a flexible power source with some levels of emissions including plans to boost CCUS and direct air capture (DAC) capabilities to achieve net-zero emissions
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Southeast Asia Indicators Handbook for Just and Inclusive Transitions
Energy demand in Southeast Asia is growing, driven by rapidly growing population and economies, industrialisation and urbanisation. Many countries in the region have set out their own national decarbonisation targets and clean energy transitions commitments.Clean energy transitions in the region present unique opportunities to deliver broad socio-economic benefits, beyond emissions reductions, such as the creation of new decent jobs, economic diversification, reduced energy poverty and improved air quality. Tracking these benefits can help ensure that all parts of society benefit from these changes.In 2024, G20 leaders endorsed ten voluntary G20 Principles for Just and Inclusive Energy Transitions…
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Global Methane Tracker 2025 Regional insights
Central and South America The fossil fuel sector in Central and South America emitted around 8 Mt of methane in 2024, about 45% of which were from oil and gas facilities in Venezuela. Oil and gas facilities are the main sources of methane emissions in Venezuela, Argentina and Brazil, and coal mines are the largest source in Colombia.The upstream methane emissions intensity of oil and gas operations in Venezuela is six times the global average, and its flaring intensity is ten times the global average. Operations in Argentina and Ecuador are around twice the global average, while Brazil and Colombia…
