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Stepping Up the Value Chain in Africa Executive summary
Africa is endowed with vast energy resources – fossil fuels, but also solar, wind, hydro, and geothermal – and yet energy supply remains limited: Around 600 million people on the continent lack reliable access to electricity. This energy gap constrains economic growth and industrial potential, particularly in rural areas where agriculture remains the dominant sector in the economy. As African economies grow and urbanise, the demand for energy-intensive industries and infrastructure is rising. Strategic investments in sustainable industrialisation can create a virtuous cycle that expands energy access and drives productivity, which in turn can attract more investment.Market opportunities already exist. Globally…
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Powering Ireland’s Energy Future Executive summary
Ireland faces strategic choices to align its energy, climate and socio-economic goals through 2035 Over the next decade, decision makers in Ireland will need to balance a range of trends and policy ambitions that have strong implications for the power sector. Ireland has set a range of policy goals spanning the next decade, from improving energy security by reducing its reliance on imported fossil fuels, to meeting its climate targets, expanding its housing stock, and supporting the growth of digital infrastructure such as data centres. These ambitions all have strong links to the country's power sector, with implications…
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China’s Official Energy Finance in Emerging and Developing Economies Case 6. CNOOC investment in Guyana: Whiptail Oil Field
Project overview and impact Guyana has become a dynamic upstream oil market, transforming from a non-producer to an emerging oil exporter within the decade. Since the first discovery of oil in the Stabroek Block in 2015, six large-scale developments have been approved, turning the area into a central pillar of the country’s economic strategy. Production is expected to exceed 1.3 million barrels per day by 2027, making Guyana one of the largest per-capita oil producers globally. The government’s production sharing contract allocates 14.5% of total crude output to the state, with the remainder…
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Renewable Fuel Standard
The Renewable Fuel Standard mandates transport fuel suppliers to blend diesel with biodiesel. The minimum blending ratios are 2.5% from 31 July 2015 to 2017; 3.0% from 2018 to June 2021; 3.5% from July 2021 to 2023; 4.0% from 2024 to 2026; 4.5% from 2027 to 2029; and 5.0% from 2030 onward.
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Fuel Efficiency Standards Passenger and Freight Vehicles
The new Fuel Efficiency Standards covers gasoline and diesel -fuelled, passenger and freight, vehicles. They set new targets to achieve by FY2015: Passenger cars: 23.5% improvement over actual FY2004 levels (from 13.6 km/L to 16.8 km/L) Small buses: 7.2% improvement over FY2004 levelsSmall freight vehicles: 12.6% improvement over FY2004 levels
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Bus fleet replacement with electric and fuel cell buses
EUR 208 million for 4 projects including two to replace 150 diesel buses with electric and fuel cell buses
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Biofuel blending mandates
Biofuel mandates in Thailand sets two types of blending for diesel - B7 (7%) and B20 (20%). B10 sales were discontinued in 2024.
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2022-2023 Temporary cut in fuel taxes
The government of Israel is implementing temporary reductions in gasoline and diesel taxes (ILS -0.5/liter) in the second quarter of 2022, to counteract the effects of the global energy crisis on domestic consumers. The tax and related retail price reduction for diesel fuel is enacted for two months for diesel, and for 3 and a half months for gasoline.The measure was extended on 2023, when Israel’s Ministry of Finance implemented temporary reductions on gasoline taxes, reducing the price of a liter of gasoline by 10 agorot (NIS 3,183.32 per thousand liters). Passed in January…
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Mandatory admixture of biofuel
In Latvia, only diesel with biodiesel content of 4.5–5% by volume of the total amount of end product, and petrol with 4.5–5% bioethanol content by volume of the total amount of petrol may be sold.
The requirement on the mandatory admixture of 5% biofuel does not apply to Class 0, 1, 2, 3 and 4 diesel for use in arctic or severe winter conditions. The mandatory admixture of biofuel applies to Category A, B, C, D, E and F diesel and petrol with octane number 95 for use in temperate climatic conditions. -
Renewables 2021 Renewable electricity
Forecast summary Renewable capacity additions are set to grow faster than ever in the next five years, but the expansion trend is not on track to meet the IEA Net Zero by 2050 Scenario Annual additions to global renewable electricity capacity are expected to average around 305 GW per year between 2021 and 2026 in the IEA main case forecast. This implies an acceleration of almost 60% compared to renewables’ expansion over the last five years. Continuous policy support in more than 130 countries, ambitious net zero goals announced by nations accounting for almost 90% of global GDP, and improving competitiveness…
