• Country

        Venezuela

        The Venezuela Plan for the National Electric System aims to integrate renewables in the power system by including it in medium and long-term strategies. It aims to develop the use of renewables within isolated rural communities including solar, small hydro and biogas.

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        • Commentary

        • 27 Jul 2017

        Witnessing the ongoing transformation of the oil and gas industry

        …shook up global energy markets. The sudden emergence of US shale producers disrupted market balances even as producers in the Middle East and Russia continued to pump at a record pace. As markets became oversupplied, prices dropped sharply in 2014. As a result, global upstream investment fell by almost $350 billion. Projects were delayed or cancelled, hundreds of thousands of jobs were lost and many companies saw their financial health deteriorate.The conventional oil and gas industry found itself at a crucial crossroads: innovate or wait out the storm. Some observers jumped to the conclusion that large energy corporations were…

        • Commentary

        • 19 Oct 2021

        Key lessons for phasing out CO2-emitting coal plants from electricity sectors

        …will largely be determined in major economies in Asia where electricity demand is still growing in many cases and targets for coal phase-outs have not been set. Coal phase-out plans must take account of their social and economic impacts, and energy security A dramatic reduction in unabated coal use is an essential feature of all scenarios that meet global climate goals, but phasing out coal can also raise challenges in terms of energy affordability, impacts on communities and security of electricity supply. Rapid and successful transitions require that these challenges are carefully managed by policymakers.Coal power plants…

        • Commentary

        • 24 Mar 2023

        How new business models are boosting momentum on CCUS

        …15 final investment decisions were taken across applications in industry, power, fuel transformation and direct air capture since the beginning of 2022, up from eight in 2021. This signals an increasing confidence in the industry, driven in part by CCUS-specific policy incentives in the United States, Canada, and the United Kingdom; by strengthened climate pledges; and by rising carbon prices in compliance and voluntary carbon markets.These details and more on operating and planned large-scale CCUS projects around the world can be found in the CCUS projects database, which the IEA has released today for the first time…

        • Country

        Finland

        Finland has one of the most ambitious climate targets, a legal obligation to reach carbon neutrality by 2035. It is making progress towards this target and has one of the lowest levels of reliance on fossil fuels among IEA member countries. Finland’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. A continued push towards the energy transition is needed, as imported fossil fuels still account for over one-third of energy supply and cover higher shares in transport and key industries.

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        • Commentary

        • 15 Feb 2023

        There’s more to buildings than meets the eye: They hold a key to net zero emissions

        …them to take more control over their energy use and thermal comfort. It would also ease congestion in the grid and reduce the need for fossil-burning power plants and their related greenhouse-gas emissions.  © InnovationArts Efficiency, electrification and decarbonisation are key to net zero It is a fact that energy efficiency is the first step to reaching net zero emissions. In buildings, that’s done by designing or upgrading building envelopes to be more efficient, and using the best-performing appliances and equipment. Government policy packages are key to driving this process. They should include mandatory energy efficiency requirements…

        • Country

        Sudan

        Most of Sudan’s electricity generation comes from hydropower, and more than half of the Eastern African region’s total oil-based capacity is located in the country. Sudan is also contemplating scaling up projects on solar power in the coming years.

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        • Commentary

        • 18 Oct 2024

        What the data centre and AI boom could mean for the energy sector

        …to examine the consequences for the energy sector, which we analysed in the 2024 edition of the IEA’s World Energy Outlook and will continue to explore in the months to come, including through a Special Report focused on energy and AI in the first half of 2025.Additionally, data centres will be a key focus of the IEA’s forthcoming Global Conference on Energy & AI. The event, which will take place at our headquarters in Paris on 4-5 December, will bring together high-level decision makers from governments, the tech sector, the energy industry and civil society to…

        • Country

        Bosnia and Herzegovina

        Bosnia and Herzegovina adopted a National Environmental Action Plan, which provides action path to address the major environmental issues of the country. In the energy sector the target will be achieved by increasing energy efficiency and usage of renewables (hydro, solar, wind and geothermal energy).

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        • Country

        Myanmar

        In Myanmar, a steep increase in the share of gas-fired power generation reflects a push to take advantage of its abundant domestic resources. The country however has ample scope to rely on renewables in its electrification strategy.

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