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Solugen Closes Funding to Decarbonize Chemicals Ind. (Ind. Report)
Solugen
Date: 2021-09-13
In the Lone Star State, Houston-headquartered startup Solugen reports it raised more than $350 million in Series C funding from several investors to decarbonize the chemicals industry.

Solugen aims to decarbonize the chemicals industry through its patented Bioforge processes, which gets bio-based feedstocks to produce chemicals and drastically reduce or eliminate emissions. The new funds will be used to boost the development of its Bioforge technology platform and expand the expand the company's product portfolio.

According to IEA, the chemical industry accounted for 880 million tonnes of CO2 in 2018, the third-largest source of global CO2 emissions. (Source: Solugen, PR, Grit Daily, 12 Sept., 2021) Contact: Solugen, Dr. Gaurab Chakrabarti, CEO, 713-380-2134, www.solugen.bio

More Low-Carbon Energy News Solugen,  


DOE Releases Spawn of EnergyPlus Building Energy, Controls Modeling Software (Ind. Report)
US DOE EERE
Date: 2021-07-28
The U.S. Department of Energy's Building Technologies Office, the Lawrence Berkeley National Laboratory and the National Renewable Energy Laboratory, in collaboration with Modelon and Objexx Engineering, have released the initial version of the Spawn of EnergyPlus (Spawn)

Spawn is not a replacement for EnergyPlus, at least not in the foreseeable future. Although it does perform whole-building energy simulation, it targets new use cases in advanced controls, district systems, and grid integration.

Spawn supports these new use cases by making fundamental use of coupled simulation via the Functional Mockup Interface standard. Spawn reuses the weather, envelope, lighting, and loads models from EnergyPlus and packages them as a single model. However, it replaces EnergyPlus' traditional, imperative, implicit, load-based HVAC and controls models with explicit declarative state-based models from the Modelica Buildings Library which are translated and automatically linked with the EnergyPlus model. By combining models in different configurations, Spawn is able to simulate either a single building or a collection of buildings linked by shared thermal, electrical, and control systems.

Spawn also fundamentally leverages the Modelica, a standard for equation-based modeling. The use of Modelica to model HVAC and control introduces capabilities that are not found in traditional energy simulation engines such as EnergyPlus. The most significant of these is the ability to simulate physically realistic control sequences using the same specification that is used in controller implementations. The ability to use a single control specification for both energy simulation and implementation aims to bridge these traditionally separate domains and promote the use of high-performance control sequences. Modelica also enables modeling of novel HVAC and district system components and configurations. Spawn HVAC and control models have been developed as part of a multi-year international effort led by IEA EBC Annex 60 and IBPSA-World Project 1 to develop Modelica models for building and community systems.

Spawn-of-EnergyPlus details HERE. (Source: US DOE, PR, 27 July, 2021) Contact: DOE, www.energy.gov/eere/buildings

More Low-Carbon Energy News US DOE EERE,  Building Energy Efficiency,  Energy Efficiency Software,  DOE Building Technologies ,  DOE EnergyPlus ,  


IEA Report Notes SAF Commercialization Progress (Ind. Report)
International Energy Agency
Date: 2021-07-09
A new report by the International Energy Agency's (IEA) Bioenergy Task 39 has provided an extensive analysis of the current and potential technologies for production of sustainable aviation fuels (SAF).

According to the report, "Sustainable Aviation Fuels (SAF) will have to play a major role if the aviation sector is to significantly reduce its carbon footprint. However, to date it added, commercialization has been slow and current policies have proved inadequate to accelerate commercialization and widespread deployment of the various technologies" described in the report.

As described in IEA's recent publication Net Zero by 2050: A Roadmap for the Global Energy Sector, although synthetic hydrogen-based jet fuels will also play an important role in the future, in the short-to-mid-term biojet fuels will predominate. Annual volumes of biojet fuel have increased in recent years, from less than 10 million litres in 2018 to likely more than 1 billion litres by 2023 (and potentially 8 billion litres by 2030). (Source: International Energy Agency, PR, July, 2021) Contact: International Energy Agency, Fatih Birol, Exec. Dir., www.iea.org; IEA Bioenergy Task 39, www.task39.ieabioenergy.com

More Low-Carbon Energy News International Energy Agency,  SAF,  Bioenergy,  


IEA, US Treasury Discuss Net-Zero Emissions by 2050 (Ind. Report)
IEA
Date: 2021-07-07
Last week in Washington, the International Energy Agency (IEA) executive director Fatih Birol met with US Treasury Secretary Janet Yellen to discuss "how the energy sector can reach net-zero emissions by 2050 and what should be done to unlock more investments for clean energy transitions around the world."

The meeting, which included representative from both agencies, discussed the findings and implications of two major recent IEA reports -- the IEA's Roadmap to Net Zero by 2050 and its special report on Financing Clean Energy Transitions in Emerging and Developing Economies. The discussions covered on a wide range of topics, including what the US can do to support international climate finance; the future of oil and gas investments on the path to a net-zero world; and how to mobilize financing to speed up the deployment of clean energy technologies.

Download the IEA Roadmap to Net Zero by 2050 HERE . (Source: IEA, PR, 5 July, 2021) Contact: IEA, Fatih Birol, Exec. Dir., www.iea.org; US Treasury Department, home.treasury.gov

More Low-Carbon Energy News IEA,  Net-Zero Carbon Emissions,  


May 2021 CO2 Emissions Rise to Record High (Ind. Report)
National Oceanic and Atmospheric Administration
Date: 2021-07-07
Scientists from the National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography at the University of California San Diego are reporting atmospheric carbon dioxide -- by far the most abundant human-caused greenhouse gas -- peaked for 2021 in May at a monthly average of 419 ppm, the highest level since accurate measurements began 63 years ago.

While the year-to-year increase of 1.8 ppm in the May CO2 peak was slightly less than previous years, CO2 measurements for the first five months of 2021 showed a 2.3 ppm increase over the same five months of 2020, close to the average annual increase from 2010 to 2019.

According to the International Energy Agency (IEA), Covid-induced lock downs in 2020 led to a 5.8 pct decline in global energy-related CO2 emissions, the largest annual percentage decline since World War II. However, with the opening up of lock downs and pandemic-induced restrictions loosened, global CO2 emissions started climbing again. The IEA notes CO2 emissions will see a rise of 1.5 billion tonnes -- the second-largest annual increase ever -- in 2021. (Source: NOAA, Scripps Institution of Oceanography, June., 2021) Contact: Scripps Institution of Oceanography, 858-534-3624, www.scripps.ucsd.edu; NOAA, www.noaa.gov

More Low-Carbon Energy News National Oceanic and Atmospheric Administration news,  Carbon Emissions news,  


Mitsubishi Investing in 600MW Laotian Wind Project (Int'l.)
Mitsubishi Corporation
Date: 2021-06-18
Mitsubishi Corporation (MC) reports it will invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600MW capacity onshore wind farm project in Laos. MC will invest through an intermediate holding company together with a group company of Impact Electrons Siam Co., Ltd. in Thailand.

The onshore wind farm -- the first in Laos -- will be located in Sekong and Attapeu Provinces and will the largest in South East Asia. The project is being developed as part of a MoU on power interchange signed between the Vietnamese and Lao governments in October 2016. If electricity exports from this project are realized, it is expected to be the first cross-border electricity interchange from wind power generation in South East Asia as planned by Lao government. (Source: Mitsubishi, PR, Eurasia Review, 17 June, 2021) Contact: Impact Energy Asia Development Limited, www.impactelectrons.com/laos; Mitsubishi Corp., www.mitsubishicorp.com

More Low-Carbon Energy News Mitsubishi Corporation,  Wind,  Laos Wind,  


May 2021 CO2 Emissions Rise to Record High (Ind. Report)
Oceanic and Atmospheric Administration,Scripps Institution of Oceanography
Date: 2021-06-09
Scientists from the National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography at the University of California San Diego are reporting atmospheric carbon dioxide -- by far the most abundant human-caused greenhouse gas -- peaked for 2021 in May at a monthly average of 419 ppm, the highest level since accurate measurements began 63 years ago.

While the year-to-year increase of 1.8 ppm in the May CO2 peak was slightly less than previous years, CO2 measurements for the first five months of 2021 showed a 2.3 ppm increase over the same five months of 2020, close to the average annual increase from 2010 to 2019.

According to the International Energy Agency (IEA), Covid-induced lock downs in 2020 led to a 5.8 pct decline in global energy-related CO2 emissions, the largest annual percentage decline since World War II. However, with the opening up of lock downs and pandemic-induced restrictions loosened, global CO2 emissions started climbing again. The IEA notes CO2 emissions will see a rise of 1.5 billion tonnes -- the second-largest annual increase ever -- in 2021. (Source: NOAA, Scripps Institution of Oceanography, June., 2021) Contact: Scripps Institution of Oceanography, 858-534-3624, www.scripps.ucsd.edu; NOAA, www.noaa.gov

More Low-Carbon Energy News Oceanic and Atmospheric Administration news,  Scripps Institution of Oceanography news,  Carbon Emissions news,  Climate Change news,  


Net Zero by 2050 -- A Roadmap for the Global Energy Sector (IEA Report Attached)
IEA
Date: 2021-05-19
"The number of countries announcing pledges to achieve net-zero emissions over the coming decades continues to grow. But the pledges by governments to date -- even if fully achieved -- fall well short of what is required to bring global energy-related carbon dioxide emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5 degree C.

"This report is the world's first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access and enabling robust economic growth. It sets out a cost-effective and economically productive pathway, resulting in a clean, dynamic and resilient energy economy dominated by renewables like solar and wind instead of fossil fuels. The report also examines key uncertainties, such as the roles of bioenergy, carbon capture and behavioural changes in reaching net zero."

Download the IEA Net Zero by 2050 -- A Roadmap for the Global Energy Sector report HERE. (Source: IEA, PR, May, 2021) Contact: IEA, www.iea.org

More Low-Carbon Energy News IEA,  Carbon Emissions,  Climate Change,  


Global Carbon Emissions Notable Quote
IEA
Date: 2021-04-21
"Global carbon emissions are set to jump by 1.5 billion tonnes this year -- driven by the resurgence of coal use in the power sector." -- IEA executive director Fatih Birol, Apr, 2021 Contact: IEA, Fatih Birol, Exec. Dir., www.iea.org

More Low-Carbon Energy News Climate Change,  IEA,  Carbon Emissions,  


Post-COVID Energy Boom, Carbon Surge Expected (Report Attached)
International Energy Agency
Date: 2021-04-21
As the world rebounds from the COVID-19 pandemic, the International Energy Agency's (IEA) Global Energy Review 2021 is predicting a major surge in CO2 emissions from energy this year when emission levels will rise by the second largest annual amount on record but will still be slightly lower than 2019 levels. Carbon emissions fell by roughly 6 pct in 2020, according to the IEA.

With the pandemic's expected decline, energy demand is booming in the developing world, with a rise of 3.4 pct predicted for this year -- this contrasts with richer economies, where overall energy use is expected to still be 3 pct below 2019.

In the places where energy demand is growing, coal is playing a key role although overall global use of coal declined by around 4 pct in 2020, it is expected to rise by 4.5 pct this year, mainly in Asia where China is expected to account for more than half of the global growth in coal consumption this year.

In the US and EU, the demand for coal is expected to rise -- although it will likely remain below 2019 levels -- and is likely to be close to the global peak seen in 2014.

Download the IEA Global Energy Review 2021 report HERE (Source: IEA, PR, Apr., 2021) Contact: IEA, Fatih Birol, Exec. Dir., www.iea.org

More Low-Carbon Energy News International Energy Agency,  Carbon Emissions,  


John Kerry Comments on Climate Change -- Notable Quotes
John Kerry, Climate Change
Date: 2021-03-31
"Forcing countries to decarbonise in response the climate crisis is not the way to go. We need to go where the emissions are to start with.

But everybody needs to be involved. We don't want to make the mistakes of the past going back to the 1800s ... and none of us can do this alone. We must do this together. That is what we did in Paris. That is what we must do when we go to Glasgow" he said in reference to the COP26 climate talks next November.

"This is not about politics ... The planet is screaming at us, with the feedback loops that are telling us every single day, 'get this done', not to mention the next generations saying 'hey adults please be adults, make the decisions we need to make.'

"We can't willy nilly ignore the next 10 years. If we don't do enough in the next 10 years we cannot keep the Earth's (average) temperature to 1.5 degrees." -- US Climate Envoy John Kerry speaking to the International Energy Agency (IEA).

More Low-Carbon Energy News Climate Change news,  IEA news,  


OMV, CAC Ink Austrian Biofuel Plant Construction Deal (Int'l.)
Chemieanlagenbau Chemnitz, Borealis,OMV
Date: 2021-03-05
German synfuels plant engineering and construction specialist Chemieanlagenbau Chemnitz GmbH (CAC) reports it has contracted with Vienna-based international oil, gas and chemicals company OMV for the construction of a biofuel plant in Schwechat (Austria). OMV expects to invest roughly €200 million in the project which is projected to eliminate up to 360,000 metric tpy CO2.

OMV, through its subsidiary Borealis, is a leading provider of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. Borealis operates in over 120 countries. (Source: Chemieanlagenbau Chemnitz (CAC), PR, Mar., 2021) Contact: Chemieanlagenbau Chemnitz GmbH, +49 371 68990, www.cac-chem.de; OMV, +43 1 40440 26026, info.omvcardsales@omv.com, www.omv.com; Borealis, +43 1 22 400 300, www.borealisgroup.com

More Low-Carbon Energy News Biofuel,  Borealis,  


Oil, Gas Methane Emissions Fell 10 pct in 2020 , says IEA (Int'l. Report)
IEA
Date: 2021-01-22
The International Energy Agency (IEA) is reporting global emissions of the potent greenhouse gas methane from oil and gas production dropped 10 pct in 2020 mainly because of lower output as opposed to concerted climate action.

Methane has more than 80 times the warming potential than carbon dioxide in its first 20 years in the atmosphere. Major methane emitters include oil and gas infrastructure leaks and agriculture. In 2020, oil and gas operations emitted over 70 million tonnes of methane, or around 10 pct less than in 2019. In absolute terms, Russia and the U.S. were the biggest emitters of methane, the IEA notes. (Source: International Energy Agency, Jan., 2021) Contact: International Energy Agency, www.iea.org

More Low-Carbon Energy News IEA,  Methane Emissions,  


Buildings-Related Carbon Emissions Hit Record High (Int'l.)
UN Environment Programme
Date: 2020-12-21
A new UN Environment Programme, Energy and Climate Branch report finds emissions from the operation of buildings hit a highest-ever level in 2019. Including construction, the building sector now accounts for 38 pct of total global CO2 emissions.

The 2020 Global Status Report for Buildings and Construction, from the Global Alliance for Buildings and Construction (GlobalABC) found that while global building energy consumption remained steady year-on-year, energy-related CO2 emissions increased to 9.95 GtCO2 in 2019. This increase was due to a shift away from the direct use of coal, oil and traditional biomass towards electricity, which had a higher carbon content due to the high proportion of fossil fuels used in generation.

When adding emissions from the building construction industry on top of operational emissions, the sector accounted for 38 pct of total global energy-related CO2 emissions., according to the report.

To get on track to net-zero carbon building stock by 2050, the International Energy Agency (IEA) estimates that direct building CO2 emissions need to fall by 50 pct and indirect building sector emissions by 60 pct by 2030. This equates to building sector emissions falling by around 6 pct per year until 2030, close to the 7 pct decrease in 2020 global energy sector CO2 emissions due to the pandemic. (Source: UN Environment Programme, Energy and Climate Branch, UNEP, PR, Dec., 2020) Contact: UNEP, Sophie Loran , +33-601-377-917, Sophie.Loran@un.org, www.unep.org

More Low-Carbon Energy News Net-Zero Emissions,  IEA,  UN Environment Programme,  


IEA Finds Energy Efficiency Progress in Decline (Int'l.)
IEA
Date: 2020-12-09
According to the International Energy Agency's Energy Efficiency 2020 report, global improvements in energy efficiency, as measured by primary energy intensity, have been declining since 2015.

The Covid-19 crisis adds an extra level of stress. As a result of the crisis and continuing low energy prices, energy intensity is expected to improve by only 0.8 pct in 2020, roughly half the rates, corrected for weather, for 2019 (1.6 pct) and 2018 (1.5 pct) -- well below the level needed to achieve global climate and sustainability goals and worrying because energy efficiency delivers more than 40 pct of the reduction in energy-related greenhouse gas emissions over the next 20 years in the IEA's Sustainable Development Scenario.

Download the IEA Energy Efficiency 2020 report HERE. (Source: IEA, Dec., 2020) Contact: IEA, www.iea.org

More Low-Carbon Energy News IEA,  Energy Efficiency,  


IEA Reports Faltering Energy Efficiency Progress (Ind. Report)
International Energy Agency
Date: 2020-12-04
According to the Paris-headquartered International Energy Agency, global energy efficiency efforts have slowed to its lowest rate in a decade due to the COVID-19 pandemic.

"As a result of the crisis and continuing low energy prices, energy intensity is expected to improve by only 0.8 pct in 2020, roughly half the rates (last year)" to levels last reached in 2010 -- well below the (3 pct) level needed to achieve global climate and sustainability goals.

"It is especially worrying because energy efficiency delivers more than 40 pct of the reduction in energy-related greenhouse gas emissions over the next 20 years," the report notes. (Source: IEA, 3 Dec., 2020) Contact: International Energy Agency, Fatih Birol, Exec. Dir., www.iea.org

More Low-Carbon Energy News International Energy Agency,  Energy Efficiency,  


Notable Quote
International Energy Agency
Date: 2020-11-27
"The United States rejoining the Paris Agreement would create a tremendous momentum for the fight against climate change." -- Fatih Birol, Exec. Dir., International Energy Agency, 25 Nov., 2020 www.iea.org

More Low-Carbon Energy News International Energy Agency,  Climate Change,  


Climate Change Notable Quotes
China Climate Change
Date: 2020-11-27
"The human race cannot ignore the (climate change) warnings of nature over and over again." -- Chinese President Xi Jinping, Sept., 2020

"The United States rejoining the Paris Agreement would create a tremendous momentum for the fight against climate change." -- International Energy Agency, Fatih Birol, Exec. Dir., 25 Nov., 2020)

More Low-Carbon Energy News IEA,  Carbon Emissions,  Climate Change,  


Global Biofuels Production Projected to Rebound (Report Attached)
IEA, Biofuel
Date: 2020-11-20
In its recently released Renewables 2020 -- Analysis and Forecast to 2025, the International Energy Agency (EIA) notes the global biofuels industry has been strongly impacted by the COVID-19 pandemic with production down approximately 11.6 pct when compared to 2019.

The IEA report predicts global transport biofuel production will be at 144 billion liters (38.04 billion gallons) in 2020, down 11.6 pct from the record set last year and the first reduction in annual production in two decades. Prior to the COVID-19 pandemic, the IEA predicted a 3 pct growth in biofuel production for 2020.

gGlobal ethanol production is expected to be at 98 billion liters this year, down 14.5 pct from 115 billion liters in 2019. Global biodiesel production is expected to reach 46 billion liters this year, down 5 pct from 2019.

IEA also predicts global production of transportation biofuels could rebound to the 2019 level of production in 2021, at approximately 162 billion liters. Production is expected to jump an additional 4 pct in 2022 to 169 billion liters.

Download the Renewables 2020 -- Analysis and forecast to 2025 report HERE. (Source: IEA, Website, Nov., 2020) Contact: IEA, www.iea.org

More Low-Carbon Energy News IEA,  Biofuel,  Biodiesel,  Ethanol,  


2020 Global Biofuel Production Falling (Ind. Report)
International Energy Agency
Date: 2020-11-11
A new report from the International Energy Agency (IEA) notes that 2020 global transport biofuel production was expected to be 2,480 thousand bpd -- an 11.6 pct drop from 2019's record output.

The greatest year-on-year drops in output were for US and Brazilian ethanol, and European biodiesel. (Source: International Energy Agency, Nov., 2020) Contact: International Energy Agency, www.iea.org

More Low-Carbon Energy News International Energy Agency ,  Biofuel,  Biodiesel,  


Notable Quote on Global Emissions
International Energy Agency
Date: 2020-10-14
"Despite a record drop in global emissions this year, the world is far from doing enough to put them into decisive decline. Only faster structural changes to the way we produce and consume energy can break the emissions trend for good.

"Governments have the capacity and the responsibility to take decisive actions to accelerate clean energy transitions and put the world on a path to reaching our climate goals, including net-zero emissions." -- Fatih Birol, Exec. Dir., International Energy Agency (IEA, Oct., 2020 www.iea.org

More Low-Carbon Energy News International Energy Agency,  Carbon Emissions,  


Energy Storage Notable Quotes
International Energy Agency
Date: 2020-10-14
"IEA (International Energy Agency) projections make it clear that energy storage will need to grow exponentially in the coming decades to enable the world to meet international climate and sustainable energy goals. Accelerated innovation will be essential for achieving that growth." -- IEA Executive Director Fatih Birol. Contact: IEA, www.iea.org

More Low-Carbon Energy News International Energy Agency news,  Battery news,  Energy Storage news,  


Energy Storage Innovation Key to Clean Energy Transition (Ind. Report)
International Energy Agency
Date: 2020-10-09
A new joint study from the European Patent Office (EPO) and the International Energy Agency (IEA) notes affordable and flexible electric power storage technologies have grown 14 pct a year over the past decade, are set to catalyse a worldwide transition to clean energy.

Between 2005 and 2018, patenting activity in batteries and other electricity storage technologies account for nearly 90 pct of all patenting activity in the area of electricity storage -- chiefly driven by advances in rechargeable lithium-ion batteries used in consumer electronic devices and electric cars. Electric mobility in particular is fostering the development of new lithium-ion chemistries aimed at improving power output, durability, charge/discharge speed and recyclability, the report notes.

Technological progress is also being fueled by the need to integrate larger quantities of renewable energy such as wind and solar power into electricity networks.

The joint study shows that Japan and Korea have established a strong lead in battery technology globally, and that technical progress and mass production in an increasingly mature industry have led to a significant drop in battery prices in recent years. Prices have declined by nearly 90 pct since 2010 in the case of lithium-ion batteries for electric vehicles, and by around two-thirds over the same period for stationary applications, including electricity grid management.

Developing better and cheaper electricity storage is a major challenge for the future. According to the IEA's Sustainable Development Scenario, for the world to meet climate and sustainable energy goals, close to 10 000 gigawatt-hours of batteries and other forms of energy storage will be required worldwide by 2040 -- 50 times the size of the current market.

The study notes Innovation is increasingly recognised as a core part of energy policy and this year the IEA has been introducing more tools to help decision-makers understand the technology landscape, their role in it, and to track progress in innovation and the deployment of technologies. This includes the ETP Clean Energy Technology Guide, a comprehensive new interactive guide to the market readiness of more than 400 clean energy technologies.

Download the ETP Clean Energy Technology Guide HERE. (Source: IEA, Modern Diplomacy, Sept., 2020) Contact: European Patent Office, www. europeantrademarks.eu; International Energy Agency, www.iea.org

More Low-Carbon Energy News International Energy Agency ,  Battery,  Energy Storage,  


Energy Storage Notable Quotes
IEA
Date: 2020-10-05
"IEA (International Energy Agency) projections make it clear that energy storage will need to grow exponentially in the coming decades to enable the world to meet international climate and sustainable energy goals. Accelerated innovation will be essential for achieving that growth." -- IEA Executive Director Fatih Birol. Contact: IEA, www.iea.org

More Low-Carbon Energy News Energy Storage,  IEA,  


Energy Transformation Needed for Net-Zero Emissions (Int'l.)
International Energy Agency
Date: 2020-09-11
Energy Technology Perspectives 2020 is a major new IEA publication focused on the technology needs and opportunities for reaching international climate and sustainable energy goals. This flagship report offers vital analysis and advice on the clean energy technologies the world needs to meet net-zero emissions objectives.

The report's comprehensive analysis maps out the technologies needed to tackle emissions in all parts of the energy sector, including areas where technology progress is still lacking such as long-distance transport and heavy industries. It shows the amount of emissions reductions that are required from electrification, hydrogen, bioenergy and carbon capture, utilisation and storage. It also provides an assessment of emissions from existing infrastructure and what can be done to address them.

Download the Energy Technology Perspectives 2020 report HERE. (Source: IEA, Sept., 2020) Contact: IEA, www.iea.org

More Low-Carbon Energy News Net-Zero Energy,  IEA,  


Bangkok Considering Thailand Carbon Tax (Int'l. Report)
Thailand
Date: 2020-08-14
The International Energy Agency (IEA) is reporting Thailand, which relies heavily on fossil fuels for its energy needs, is considering carbon pricing in an upcoming Climate Change Act to lead a clean energy transition and green economic development while maintaining energy security, supporting innovation, increasing efficiency and driving retirement of emission-intensive assets. The upcoming Climate Change Act is expected to outline specific instruments to prepare for a national emission trading system, with a cabinet decision due in 2022.

According to the IEA, Thailand's experience of carbon market mechanisms began in 2007, when the government established TGO to implement and manage GHG emissions projects. In 2103, the public body launched the Thailand Voluntary Emission Reduction programme, a baseline and credit programme. By 2020 it had 191 registered projects that are due to reduce emissions by 5.28 Mt CO2-eq annually and the Thailand Carbon Offsetting Program which encourages public and private organisations to calculate their carbon footprint and buy carbon credits to offset their unavoidable emissions.

In 2015 TGO launched the Thailand Voluntary Emission Trading Scheme to serve as a pilot, setting up the infrastructure to develop a national emission trading system and identify gaps and opportunities. The first phase (2015-17) established and tested the market's design features and the measurement, reporting and verification system. During the second phase (2018-20) TGO aims to encourage wider participation and develop participants' trading capabilities.

Thailand is aiming to reduce GHG emissions to 20.8 pct below the business-as-usual level by 2030. (Source: IEA , New Europe, Aug., 2020)Contact: IEA, Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

More Low-Carbon Energy News Carbon Tax,  IEA,  


IEA Foresees Massive Offshore Wind Growth (Ind. Report)
International Energy Agency
Date: 2020-07-15
A recent study from the Swiss-based International Energy Agency (IEA) has found that if offshore wind farms were constructed across all useable sites which are no further than 37 miles off the coast, and where coastal waters are no deeper than 60 metres, they could generate 36,000 terawatt hours of renewable electricity a year and easily meet the current global demand for electricity of 23,000 terawatt hours.

The study predicts offshore wind generation will grow 15-fold to emerge as a $1 trillion industry in the next 20 years and will prove to be the next great energy revolution.

"Offshore wind currently provides just 0.3 pct of global power generation, but its potential is vast," according to IEA executive director, Fatih Birol. (Source IEA, July, 2020) Contact: IEA, Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

More Low-Carbon Energy News International Energy Agency,  Offshore Wind,  Wind ,  


IEA Recommendations of the Global Commission for Urgent Action on Energy Efficiency (Report Attached)
IEA
Date: 2020-06-26
Convened by the Executive Director of the IEA in response to the global slowdown of energy efficiency progress, the Global Commission for Urgent Action on Energy Efficiency was established in June 2019 at the IEA's Fourth Annual Global Conference on Energy Efficiency in Dublin, Ireland. The Commission has 23 members and is composed of national leaders, current and former ministers, top business executives and global thought leaders.

With analytical support from the IEA, Global Commission members have examined how progress on energy efficiency can be rapidly accelerated through new and stronger policy action by governments across the globe. It has developed this series of actionable recommendations to support governments in achieving more ambitious action on energy efficiency.

Download the Recommendations of the Global Commission for Urgent Action on Energy Efficiency report HERE. (Source: IEA, June, 2020) Contact: IEA, www.iea.org

More Low-Carbon Energy News IEA,  Energy Efficiency,  


IEA Predicts Largest Ever GHG Emissions Decrease (Report Attached)
International Energy Agency
Date: 2020-05-04
The latest data show that the drastic curtailment of global economic activity and mobility during Q1, 2020 pushed down global energy demand by 3.8 pct relative to the same period in 2019. If lock-downs last for many months and recoveries are slow across much of the world, as is increasingly likely, annual energy demand will drop by 6 pct in 2020, wiping off the last five years of demand growth. If efforts to curb the COVID-19 pandemic and restart economies are more successful, the decline in energy demand could be limited to under 4 pct, according to the report. However a bumpier restart, disruption to global supply chains, and a second wave of infections in the second part of the year could further curtail growth.

Download the IEA Global Energy Review 2020 - The impacts of the COVID-19 Crisis on Global Energy Demand and CO2 Emissions Report HERE. (Source: International Energy Agency, April-May, 2020) Contact: International Energy Agency, www.iea.org

More Low-Carbon Energy News GHGs,  Greenhouse Gas Emisions,  Climate Change,  


Record Drop in Emissions Expected in 2020, says IEA (Int'l Report)
IEA
Date: 2020-05-01
According to the Paris-headquartered International Energy Agency's (IEA) Global Energy Review, COVID-19 is expected to cause global energy emissions to fall a record 8 pct this year due to an unprecedented drop in demand for coal, oil and gas.

The IEA predicts that global energy demand would fall 6 pct in 2020 -- the biggest year-on-year drop since World War II -- equivalent of losing the entire energy demand of India, the world's third-largest power consumer.

Advanced economies are set to see the biggest declines, with demand in the United States down nine percent and an 11-percent fall in the EU likely. "This is a historic shock to the entire energy world. The plunge in demand for nearly all major fuels is staggering, especially for coal, oil and gas," said IEA executive director Fatih Birol.

Prior to the COVID-19 pandemic, emissions had been rising year on year. (Source: IEA, Agence France Presse, 28 April, 2020)Contact: IEA, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

More Low-Carbon Energy News IEA,  Carbon Emissions,  Climate Change,  


China Joins IEA Bioenergy Tech Collaboration Programme (Int'l.)
IEA Bioenergy
Date: 2020-04-24
The IEA Bioenergy Technology Collaboration Programme (TCP) is reporting the People's Republic of China has joined the TCP, bringing the number of contracting parties to 26. China National Renewable Energy Centre (CNREC) plans to join two IEA Bioenergy tasks -- Energy from Biogas (Task 37) and Climate and sustainability effects of bioenergy within the broader bioeconomy (Task 45).

According to IEA data, in 2019 China accounted for over half of bioenergy additions in the power sector (4.7 GW) and is the third largest global producer of fuel ethanol. In 2018 heat and electricity derived from solid biomass accounted for approximately 186,000 jobs and approximately 145,000 for biogas.

IEA Bioenergy's vision is to achieve a substantial bioenergy contribution to future global energy demands by accelerating the production and use of environmentally sound, socially accepted and cost-competitive bioenergy on a sustainable basis, thus providing increased security of supply whilst reducing greenhouse gas emissions from energy use, according to its website.

The China National Renewable Energy Centre (CNREC) is the national institution for assisting China's energy authorities in renewable energy (RE) policy research, and industrial management and coordination. CNREC will research RE development strategy, planning, policy and regulation; coordinate, regulate and implement industrial standardization; keep track of the development trend for RE industry and technology; push the establishment and improvement of the system for RE technology and product testing and certificating; implement, monitor and assess national pilot projects; manage and coordinate international and regional cooperation etc. (Source: IEA Bioenergy , PR 23 April, 2020) Contact: IEA Bioenergy, www.ieabioenergy.com

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Bioenergy 10 pct of World Total Primary Energy Supply (Int'l. Report)
IEA
Date: 2020-04-20
Modern bioenergy is an important source of renewable energy, its contribution to final energy demand across all sectors is five times higher than wind and solar PV combined, even when the traditional use of biomass is excluded . In recent years, bioenergy for electricity and transport biofuels has been growing quickly, mainly due to higher levels of policy support. However, the heating sector remains the largest source of bioenergy.

Modern bioenergy does not include the traditional use of biomass in developing countries and emerging economies for cooking and heating, using inefficient open fires or simple cook stoves, which has impacts on human health and the environment. (Source: IEA, Website, April, 2020)Contact: IEA, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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Global Alliance for Buildings and Construction (Ind. Report)
World Green Building Council
Date: 2020-04-15
According to the World Green Building Council's Global Alliance for Buildings and Construction report, the buildings and construction sector accounts for 39 pct of global emissions, with a 36 pct energy impact in terms of consumptions and 50 pct use of raw materials.

According to the report, in 2018 the final energy demand for buildings increased by 1 pct since 2017 and by 7 pct since 2010. The International Energy Agency (IEA) World Energy Outlook 2019 notes the improvement of the energy intensity rate has slowed down to 1.2 pct in 2018, less than half the average rate since 2010. Specifically, cooling of living spaces represents by now the energy consumed with the most rapid increase since 2010.

Download the Global Alliance for Buildings and Construction reportHERE. (Source: World Green Bulding Council, MarketScreener, 14 April, 2020) Contact: World Green Building Council, [startylink]www.worldgbc.org/thecommitment[endlink],
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World Green Building Council,  Green Building,  Energy Consumption,  Energy Eff target=_blank>www.worldgbc.org[endlink]

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2020 Aviation Emissions Expected to Cut 352.7Mn Tonnes (Ind. Report)
International Air Transport Authority
Date: 2020-04-06
A study from the International Air Transport Authority (IATA) is estimating a 38 pct decline in revenue per commercial airline passenger kilometres will lead to a 352.7 million tonne decline in emissions this year, when compared with 2019, as airlines worldwide suspend and/or ground flights in a global effort to contain the COVID-19 pandemic.

According to the International Energy Agency (IEA) energy related global emissions flatlined for the first time in 2019 as economies continue the switch from polluting fuels to cleaner power generation. (Source: International Air Transport Authority, 4 April, 2020) Contact: International Air Transport Authority, www.iata.org

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IEA Urges Climate Change Focus Amid COVID-19 Crisis (Ind. Report)
International Energy Agency
Date: 2020-03-23
The International Energy Agency (IEA) Exec. Dir. Dr. Fatih Birol, is urging stakeholders to not lose sight of climate change challenges presented by the impact of the coronavirus (COVID-19). "We should not allow today's crisis to compromise our efforts to tackle the world's inescapable (climate change) challenge.

To that end, Birol is urging large-scale investment to boost the development and deployment of clean energy technologies and carbon capture should be "a central part of governments' plans because it will bring the twin benefits of stimulating economies and accelerating clean energy transitions."

According to IEA, "governments can use the current COVID-19 situation to step up their climate ambitions and launch sustainable stimulus packages focused on clean energy technologies. The coronavirus crisis is already doing significant damage around the world. Rather than compounding the tragedy by allowing it to hinder clean energy transitions, we need to seize the opportunity to help accelerate them." (Source: IEA, Mar., 2020) Contact: IEA, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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Advanced Biofuels -- Potential for Cost Reduction (Ind. Report Attached)
IEA Bioenergy
Date: 2020-03-02
"Bioenergy already plays an important role in the global energy economy, and it's expanded use is a critical element in future low carbon scenarios, where it can especially play an important role in reducing greenhouse gas (GHG) emissions from the transport sector. Decarbonising transport will require a range of bio-based transport fuels, and especially advanced low carbon fuels which are suitable for long-haul transport applications including aviation. A number of appropriate technologies to produce such fuels are being developed and commercialised. However so far, their production has only reached a limited scale.

"The costs of these advanced Biofuels are currently higher than those of the fossil fuels which they can displace and of more conventional biofuels such as ethanol from sugar or corn, or biodiesel. It is therefore important to consider what scope there is to reduce the production costs of a range o advanced biofuels, and to identify under what conditions they could become affordable."

Download the full IEA Advanced Biofuels -- Potential for Cost Reduction report HERE. (Source: IEA Bioenergy, Feb., 2020) Contact: IEA Bioenergy, www.ieabioenergy.com

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2019 Carbon Emissions Hold Steady, says EIA Report (Int'l. Report)
International Energy Agency
Date: 2020-02-17
The Paris-headuartered International Energy Agency (IEA) is reporting that despite global economic growth of 2.9 pct and two after two years of steady increases, worldwide CO2 emissions growth stalled at 33 gigatonnes in 2019. The leveling off is being partially attributed to the declining use of coal and an increase in renewable energy and natural gas.

The EIA report notes emissions from the power sector dropped to level last seen in the late 1980s, when the IEA estimates that electricity demand was one-third lower than today. (Source: IEA, Feb., 2020)Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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Advanced Economies Lowered Carbon Emissions in 2019 (Int'l Report)
IEA
Date: 2020-02-12
According the International Energy Agency (IEA), global energy-related carbon emissions stopped growing and remained unchanged at 33 gigatonnes in 2019 even as the world economy expanded by 2.9 pct. The drop was primarily due to declining emissions from electricity generation in advanced economies, an increased reliance on wind and solar power, the declining role of coal and an increase in natural use as well as increased nuclear power generation. Milder weather in several countries and slower economic growth in some emerging markets was also a factor, according to the IEA release.

The US recorded the largest emissions decline on a country basis, with a fall of 140 million tonnes -- 2.9 pct. US emissions are now down by almost 1 gigatonne from their peak in 2000. In 2019, EU emissions fell by 160 million tonnes, Japan's emissions dropped by 45 million tonnes, while Emissions in the rest of the world grew by close to 400 million tonnes -- with almost 80 pct of the increase coming from Asian countries where coal-fired power generation continued to rise. (Source: IEA, ESI Africa, 11 Feb., 2020) Contact: IEA, Dr Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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The Climate Group, Signify Promoting Increased LED Use (Int'l)
The Climate Group
Date: 2019-12-20
The Climate Group, in partnership with Signify (formerly Philips Lighting), reports it is working to accelerate the adoption of LED street lighting in cities as well as driving a more urgent goal for all indoor lighting across the private sector to be LED by 2020. To that end, the Climate Group is working to create a network of companies and governments to speed up the sharing of energy efficient LED lighting information.

According to the International Energy Agency (IEA), a global switch to LEDs is one of the most actionable and ready-to-implement technologies for cities to transition to a low-carbon economy. This is especially important given that lighting accounts for nearly 6 pct of global CO2 emissions, with outdoor street lighting accounting for 25-50 pct of a city's entire electricity use. With LED lighting, cities and municipalities can expect to make energy savings of between 50-70 pct, alongside reduced maintenance costs. (Source: The Climate Group, PR, DEC., 2019) Contact: Signify, www.signify.com/en-gb; The Climate Group, Toby Morgan, LED Program Manager, LED@theclimategroup.org, www.theclimategroup.org

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IEA Announces Nebraska Thunderhead Wind Contract (Ind. Report)
Infrastructure and Energy Alternatives
Date: 2019-12-04
Indianapolis-headquartered Infrastructure and Energy Alternatives (IEA), through its IEA Constructors unit, reports receipt of a wind energy project award for construction of the Thunderhead Wind Project in Antelope and Wheeler counties, Nebraska.

The project will utilize 108 GE wind turbines with 300 megawatts of capacity. The power will be delivered into the Nebraska electrical grid. Project work is underway for completion in September 2020.

Chicago-based Invenergy developed the project. The company owns and operates large-scale renewable and other clean energy generation and storage facilities across North America, Latin America, Asia and Europe. It has developed 150 projects with more than 24,000 megawatts of power capacity. (Source: IEA, PR, reve 3 Dec., 2019) Contact: IEA, JP Roehm, CEO, (800) 688-3775, Andrew Layman, (765) 828-2580, andre.layman@iea.net, www.iea.net

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EU4Energy Assisting in Bldg. Energy Performance Cert. (Int'l)
EU4Energy
Date: 2019-11-20
Reporting from Tbilisi, the EU Energy Community secretariat has announced consultations with Georgian stakeholders aimed at developing the skills and competencies needed to use a tool that calculates the energy performance of buildings.

The tool, which was developed within EU4Energy Governance project, takes into account different climatic zones, automates the calculation of insulating efficiency values for windows and walls and considers the use of renewables when issuing certificates of energy performance. These certificates include the reason they were issued, the building category, primary energy (measured energy consumption for heating in recent years), the share of energy from renewables, the energy efficiency class (A to G) and proposed measures for improving energy performance.

Previously this year, the EU4Energy Governance project developed national regulations on certifying the energy performance of buildings and a template of the energy performance certificate for Georgia. The assistance is part of EU4Energy support for the country in fulfilling its commitments under the Energy Community Treaty, following the draft Law on the Energy Performance of Buildings of Georgia developed with EU4Energy support in early 2018, the adoption of which is pending. (Source: EU4Energy, euneighbours.eu, 19 Nov., 2019) Contact: EU4Energy, www.eu4energy.iea.org

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IEA Forecasts 50 pct Renewable Energy Increase by 2024 (Int'l.)
International Energy Agency
Date: 2019-11-18
In its Renewables 2019 report, the International Energy Agency (IEA) is forecasting renewable energy will increase by 50 pct to 1,200 gigawatts in 2024, due to drops in price and what the IEA described as "concerted authorities coverage efforts." In 2018, renewable capability hit over 2,500 GW. According to the Paris-headquartered IEA , "renewables are already the world's second-largest supply of electrical energy." (Source: IEA, Ankeny Daily, 17 Nov., 2019)Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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Energy Company Obligations: Energy Efficiency in Buildings and Future Trends (Report Attached)
International Partnership for Energy Efficiency Cooperation
Date: 2019-11-08
The Efficient World Scenario presented in the IEA's 2018 Energy Efficiency Market Report, demonstrates how increasing the global rate of energy efficiency from 1.6 pct per year to 2.2 pct per year can result in flat energy demand in the buildings sector, despite a projected 60 pct increase in floor area. Building codes and appliance standards are fundamental drivers of increased energy efficiency, and continued progress -- and expansion of coverage -- will be a priority. At the same time, these policies alone are unlikely to deliver the level of savings needed.

"In this context, it is important to consider the role that market-based instruments can play in improving the energy efficiency of buildings. Market-based instruments have gained attention in the past few years as effective tools in the policy portfolio to deliver energy efficiency. The most prevalent market-based instrument, energy company obligations, has become particularly widespread. In 2017, 47 obligation programmes were in operation in 21 countries in Africa, Asia, Australia, Europe, North America and South America."

Download the IPEEC Energy Company Obligations: Energy Efficiency in Buildings and Future Trends report HERE. (Source: International Partnership for Energy Efficiency Cooperation (IPEEC) Building Energy Efficiency Task Group, Nov., 2019) Contact: IPEEC, www.ipeec.org

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Global Energy Efficiency Growth Falls to Decade Low (Int'l. Report)
International Energy Agency
Date: 2019-11-06
According to Energy Efficiency 2019, a new report by the International Energy Agency (IEA), the rate of progress in global energy efficiency for 2018 was the lowest in a decade. At the same time, global primary energy intensity improved by just 1.2 pct, the slowest rate since the start of this decade.

The rate of improvement has now declined for three years in a row, leaving it well below the 3 pct minimum that is central to achieving global climate and energy goals, according to an IEA statement.

The IEA report finds the recent deceleration in efficiency progress is a result of social and economic trends, combined with some specific factors such as extreme weather. At the same time, policy measures and investments are failing to keep pace with the rising energy demand. This means that new ways of policy thinking that move beyond traditional approaches are required, particularly to maximize the potential efficiency gains from the rapid spread of digital technologies throughout economies and energy systems.

The report includes a special focus on the ways in which digitalization is transforming energy efficiency and increasing its value. By multiplying the interconnections among buildings, appliances, equipment and transport systems, digitalization is providing energy efficiency gains beyond what was possible when these areas remained largely disconnected, according to the report. (Source: International Energy Agency, Economic Times, 5 Nov., 2019) Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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China, India, Indonesia Account for 40 pct of Future Biofuel Production, says IEA (Int'l., Ind. Report)
IEA
Date: 2019-11-06
China, India and Indonesia will account for 40 pct -- 15 billion litres -- of biofuel production growth between 2019 to 2024, according to the International Energy Agency's (IEA) Oct 21, report. The report also notes crude oil import dependency was also set to increase in the three countries in the forecast period due to higher vehicle ownership, with fuel demand from petrol vehicles rising by 32 billion litres in China and by over 12 billion litres in India, and with Indonesian fuel demand for diesel vehicles increasing 2 billion litres.

In energy terms, biodiesel consumption in Indonesia already resulted in a notably higher share of domestically produced fuel supplies in 2017. By 2024, its contribution could expand to offset 17 pct of diesel demand. In 2017, ethanol use had only a minor effect on domestic fuel supplies in China and India. However, if nationwide E10 was achieved, its contribution would be much more visible in 2024, replacing 6 pct of petrol demand.

Nevertheless, the IEA said the countries would still remain reliant on imported oil to meet transport fuel demand.

Replacing imported oil with domestically produced biofuels also improved national trade balances. Blending E10 with petrol in 2024 would improve China's trade balance by $$4.9 billion and India's by $1.2 billion, while meeting 20 pct of road transport diesel demand with biodiesel would improve Indonesia's trade balance by $1.3 billion, the report notes. (Source: IEA, Oil & Fats Int'l., 5 Nov., 2019)Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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IEA Projects Offshore Wind Growth to $1Tn Bus. (Int'l Report)
IEA
Date: 2019-10-28
The International Energy Agency (IEA) is reporting steep cost reductions and improved technology could make offshore wind central to the world's green energy power supply. Offshore wind could also be crucial to limiting temperature rise to below two degrees Celsius this century, and the avoidance of five to seven billion tonnes of CO2 emissions from the power sector globally.

Offshore wind presently accounts for only 0.3 percent of global electricity generation, according to the IEA. Based on current and proposed policies, capacity is set to increase 15-fold over the next two decades, turning wind power into a $1 trillion business, according to the IEA.

In Europe, offshore wind will soon beat new natural gas-fired capacity on cost and be on a par with solar PV and onshore wind. The UK today has the biggest capacity for wind power, but China is likely to have the largest offshore wind fleet by 2025. The industry is also growing in markets such as the United States, Taiwan and Japan. (Source: IEA, Reuters , Oct., 2019) Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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Notable Quote from the International Energy Agency
International Energy Agency
Date: 2019-10-28
"We must accelerate the deployment of all low-carbon technologies, from renewables to nuclear power to carbon capture, utilization and storage." -- Dr. Fatih Birol, Exec. Dir. International Energy Agency, +33 1 40 57 65 00, www.iea.org

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IEA Inks 130-MW Iowa Wind Farm EPC Contract (Ind. Report)
Infrastructure and Energy Alternatives
Date: 2019-10-23
Indianapolis-headquartered Infrastructure and Energy Alternatives Inc (IEA) reports it has contracted with an undisclosed developer to construct a $67 million, 130-MW wind park in Sac County, Iowa, work on which is slated to get underway before the month end.

IEA will provide full engineering, procurement and construction (EPC) of project roads, wind turbine foundations, the medium-voltage collection system and the power plant's substation. The wind park will incorporate 53 GE turbines which are expected to come online by September 2020. (Source: Infrastructure and Energy Alternatives Inc., PR, Renewables, 17 Oct., 2019) Contact: Infrastructure and Energy Alternatives Inc.,(800) 688-3775, www.iea.net

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SUVs Follow Only Power Sector in Rising CO2 Emissions (Ind. Report)
International Energy Agency
Date: 2019-10-23
According to a report by the International Energy Agency (IEA), Sport Utility Vehicles (SUVs), which account for roughly 40 pct of all vehicle sales, are the second-highest contributor to the increase in global CO2 emissions since 2010. The figure stood at less than 20 pct a decade ago.

The increase in emissions from SUVs is behind the power sector, but ahead of heavy industries, trucks, aviation and shipping. Carbon dioxide emissions from other internal combustion engine cars has decreased. The report also states that between 2010 and 2018, SUVs were responsible for increasing the oil demand from passenger cars by 3.3 million barrels a day. SUVs are said to consume a quarter more energy than medium-size cars. (Source: International Energy Agency, Team-BHP, 22 Oct., 2019) Contact: International Energy Agency, www.iea.org

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China Projected to Triple Biofuel Production by 2024 (Int'l. Report)
IEA
Date: 2019-10-23
According to the Paris-headquartered International Energy Agency's Renewables 2019 Report, the world total biofuel output is forecast to increase 25 pct by 2024. In 2018, production grew at its fastest pace for five years, propelled by a surge in Brazil's ethanol output. Overall, Asia accounts for half of the growth, as its ambitious biofuel mandates aimed at reinforcing energy security boost demand for agricultural commodities and improve air quality.

China is set to have the largest biofuel production growth of any country. The rollout of 10 pct ethanol blending in a growing number of provinces and increasing investments in production capacity drive a tripling of ethanol production by 2024. Brazil registers the second largest growth, boosted by the introduction of the Renovabio programme in 2020. The United States and Brazil still deliver two-thirds of total biofuel production in 2024. (Source: IEA Renewables 2019 Report, Oct., 2019) Contact: International Energy Agency, Dr. Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

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