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Fosil Fuels
Record Global Carbon Dioxide Concentrations Despite COVID-19 Crisis
Over the past few weeks there have been many reports of localized air quality improvements as the world has locked down to combat the coronavirus pandemic. However, no one should think that the climate crisis is therefore over—far from it.…
Will the Historic Decisions Bring the Oil Industry Back From the Brink?
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining…
The COVID-19 Crisis Has a Profound Impact Also on the Energy Sector
In three reports published today, the Energy Community Secretariat assesses the current status of financial liquidity of the electricity sector; compiles information about support from International Financial Institutions and commercial banks; and measures taken by energy regulators to address the ongoing…
Can Electricity Decarbonize the Energy Sector?
The energy sector currently accounts for two-thirds of global carbon emissions; Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization; As the demand to “electrify everything” grows, the carbon footprint associated…
Energy Community Launches E-Forum for Gas Distribution System Experts
Since 2016, the Energy Community Coordination Platform for distribution system operators for gas (ECDSO-G) convenes twice per year. Following requests for more regular communication and to deepen the level of discussion during 2019, the Secretariat launched a web-based interactive discussion…
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price…
Global Energy-Related CO2 Emissions Flattened in 2019, Following Two Years of Increases
Global emission trends Global energy-related CO2 emissions flattened in 2019 at around 33 gigatonnes (Gt), following two years of increases. This resulted mainly from a sharp decline in CO2 emissions from the power sector in advanced economies (Australia, Canada, Chile,…