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December 10, 2017 Presentation to National Conference of State Legislatures Global Energy Trends: Selected Issues Max Dupuy Senior Associate The Regulatory Assistance Project (RAP) ® m [email protected] raponline.org

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Page 1: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

December 10, 2017

Presentation to National Conference of State Legislatures

Global Energy Trends: Selected Issues

Max Dupuy Senior Associate

The Regulatory Assistance Project (RAP)®

[email protected] raponline.org

Page 2: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

2

Page 3: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

3

Page 4: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

4

Total Energy Consumption, by Region

4000

2000

0

6000

8000

10000

12000

140001

96

5

19

68

19

71

19

74

19

77

19

80

19

83

19

86

19

89

19

92

19

95

19

98

20

01

20

04

20

07

20

10

20

13

20

16

Other

Other Asia-Pacific

Africa

India

China

US

EU

Regulatory Assistance Project (RAP)®

Source: BP Statistical Review of World Energy 2017

Million toe

Page 5: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

Regulatory Assistance Project (RAP)® 5

Total Electricity Consumption

1995 2000 2005 2010 2015

China

US

EU

India

1985 1990Source: BP Statistical Review of World Energy 2017

TWh

7,000

6,000

5,000

4,000

3,000

2,000

1,000

0

Page 6: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

Global Energy Consumption, byfuel

2016 Regulatory Assistance Project (RAP)® 6

Source: BP Statistical Review of World Energy 2017

Page 7: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

World Coal Consumption

Source: US EIA

Regulatory Assistance Project (RAP)® 7

Page 8: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

8

Page 9: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

9Regulatory Assistance Project (RAP)®

Page 10: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

10Regulatory Assistance Project (RAP)®

Page 11: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Policy Objective #1: Improve Air Quality

Source: South China Morning Post

11Regulatory Assistance Project (RAP)®

Page 12: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Policy Objective #2: Limit CarbonEmissions

Source: Greenpeace

12Regulatory Assistance Project (RAP)®

Page 13: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Policy Objective #3:Improve Energy Efficiency

Source: BP Statistical Review of World Energy 2017

13Regulatory Assistance Project (RAP)®

Energy intensity

(Downward trend represents improvement in overall energy efficiency)

Page 14: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Policy Objective #4: Increase Non-Fossil Energy Resources and Phase OutCoal

Newly Installed Wind Generation Capacity, 2016

14Regulatory Assistance Project (RAP)®

Source: Global Wind Energy Council

Page 15: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

Energy Intensity

Source: China Energy Research Institute NDRC and China National Renewable Energy Center, China Renewable Energy Outlook, 2017

15Regulatory Assistance Project (RAP)®

Page 16: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Wind Curtailment

Sources: China National Energy Administration, US DOE, ERCOT, and RAP

16Regulatory Assistance Project (RAP)®

Page 17: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

• Electricity markets• Renewable energy integration• Retirement of excess coal generation capacity• Coal consumption cap• Utility revenue regulation• Demand-side management• Emissions trading

17Regulatory Assistance Project (RAP)®

China Power Sector Reform

Page 18: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

India: Air Quality An Increasingly Urgent Issue

Source: State of Global Air

18Regulatory Assistance Project (RAP)®

Page 19: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

European Union: “Efficiency First”• “Clean Energy for All

Europeans” package of legislation

• Prioritizes investments in customer-side efficiency resources

• A new strengthened goal for energy efficiency nearing finalization

19Regulatory Assistance Project (RAP)®

Page 20: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

About RAPThe Regulatory Assistance Project (RAP)® is an independent, non-partisan, non-governmental organization dedicated to accelerating the transition to a clean, reliable, and efficient energy future.

Learn more about our work at raponline.org

Max Dupuy Senior AssociateThe Regulatory Assistance Project (RAP)®

+1 510 778 [email protected] raponline.org

Oakland, California United States

Page 21: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

Supplemental Slides

21Regulatory Assistance Project (RAP)®

Page 22: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Energy Consumption by FuelType

Coal NaturalGas

5000

4500

4000

3500

3000

2500

2000

1500

1000

500

0

22Regulatory Assistance Project (RAP)®

1990

1993

1996

1999

2002

2005

2008

2011

2014

2016

Mtce

Oil Non-fossil

Source: China Energy Research Institute NDRC and China National Renewable Energy Center, China Renewable Energy Outlook, 2017

Page 23: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China Energy Consumption by FuelType

20%

30%

70%

60%

50%

40%

80%

10%

0%

1975 1985 1995 2005 2015 2025 2035

Oil

Coal

Non-fossils*

Gas

Source: BP Statistical Review of World Energy 2017

Regulatory Assistance Project (RAP)® 23

Page 24: December 10,2017 Global EnergyTrends: SelectedIssues€¦ · Regulatory Assistance Project(RAP)® 5 Total ElectricityConsumption 1995 2000 2005 2010 2015 China US EU India 1985 1990

China 2020 RE Capacity Targets and Scenarios

Source: China Energy Research Institute NDRC and China National Renewable Energy Center, China Renewable Energy Outlook, 2017

24Regulatory Assistance Project (RAP)®

2020 Targets And ScenarioAchievements

13th FYP Stated Policies Below 2 °C

Total 676 GW 814 GW 1,119 GW

Hydropower 340GW 341GW 341GW

Wind 210GW 259GW 549GW

Solar 110GW 188GW 200GW

Biomass 15GW 26GW 29GW

Other RE 0.55GW 0.58GW 0.58GW