China’s rapid growth over the past twenty years has sparked a surging demand for energy. The Chinese made strenuous efforts to exploit their domestic resources; but growth eventually overwhelmed them and led to rising oil imports. Within the next decade, China’s oil imports are expected to...

Mind the Gap is an unprecedented attempt to quantify the size of one of the most pervasive barriers to energy efficiency – principal-agent problems, or in common parlance, variations on the ‘landlord-tenant’ problem. In doing so, the book provides energy analysts and economists with unique...

The People’s Republic of China (“China”) has become one of the major providers of capital, construction services, and equipment to the energy sectors of developing and emerging economies. It has contributed to the power systems as well as the oil and gas sectors in the countries of these...

Energy is essential for humanity to develop and thrive. In 2015, the new Sustainable Development Goals, adopted by 193 countries, included for the first time a target to ensure affordable, reliable, sustainable and modern energy for all, underscoring a new level of political agreement on the...

Electricity market reform has fundamentally changed the environment for maintaining reliable and secure power supplies, creating a more integrated and dynamic network environment with new real-time challenges for reliable and secure transmission system operation. But despite these fundamental...

The United States is the largest economy and energy user in the world. Significant developments have taken place in its energy policy since the last IEA review in 2002. Most important is the Energy Policy Act 2005 – a comprehensive energy legislation which has set new directions, including...

This book assesses experience in reforming electricity markets in OECD countries over the past decade, focusing on the issues that are critical for successful liberalisation. Experiences and examples in the study are drawn mainly from the UK, Australian, Nordic and North Eastern United States...

The International Energy Agency's 2002 review of US energy policies and programmes. It finds that US energy policy has an influence on energy policy throughout the world. The 2001 National Energy Policy is an important development. The US is taking unilateral action as an alternative to the...

"Re-powering" refers to the process of replacing older power stations with ones that are more efficient and more powerful, but the term also lends itself to market design. To facilitate the transition to a low-carbon economy, electricity markets will need to be "re-powered": older market...