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Author: International Energy Agency Staff
Publisher:
ISBN: 9789264043411
Category : Business & Economics
Languages : en
Pages : 100
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Book Description
The Inernational Energy Agencys periodic review of Luxembourgs energy policies and programmes. It analyses the energy challenges facing Luxembourg and provides critiques and recommendations for further policy improvements. Since the last review in 2004, Luxembourg has reformed its energy policies across all sectors, has fully liberalised its electricity and natural gas markets, and is actively participating in the development of the evolving Central West European regional electricity system. Luxembourg has also prepared a broad action plan on energy efficiency, improved the support system for renewable energy sources and revised taxes to mitigate climate change. The country s energy policy in the coming decade will be shaped by the EU 2020 targets that call for substantial reductions in greenhouse gas emissions, and strong increases in renewable energy and energy efficiency. These targets will be hard to meet, given that roughly half of energy-related CO 2 emissions come from transport fuel use by foreign truckers and motorists, and that Luxembourg s potential for producing much more renewable energy is limited. Luxembourg is heavily dependent on oil. Although oil sources are well diversified by country of origin, more than 85% of oil stocks are held in neighbouring countries and often based on short-term leasing contracts. This leaves the country vulnerable to potential oil supply disruptions. Luxembourg should swiftly implement a plan to improve the security of oil supply.
Author: International Energy Agency Staff
Publisher:
ISBN: 9789264043411
Category : Business & Economics
Languages : en
Pages : 100
Get Book Here
Book Description
The Inernational Energy Agencys periodic review of Luxembourgs energy policies and programmes. It analyses the energy challenges facing Luxembourg and provides critiques and recommendations for further policy improvements. Since the last review in 2004, Luxembourg has reformed its energy policies across all sectors, has fully liberalised its electricity and natural gas markets, and is actively participating in the development of the evolving Central West European regional electricity system. Luxembourg has also prepared a broad action plan on energy efficiency, improved the support system for renewable energy sources and revised taxes to mitigate climate change. The country s energy policy in the coming decade will be shaped by the EU 2020 targets that call for substantial reductions in greenhouse gas emissions, and strong increases in renewable energy and energy efficiency. These targets will be hard to meet, given that roughly half of energy-related CO 2 emissions come from transport fuel use by foreign truckers and motorists, and that Luxembourg s potential for producing much more renewable energy is limited. Luxembourg is heavily dependent on oil. Although oil sources are well diversified by country of origin, more than 85% of oil stocks are held in neighbouring countries and often based on short-term leasing contracts. This leaves the country vulnerable to potential oil supply disruptions. Luxembourg should swiftly implement a plan to improve the security of oil supply.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author:
Publisher: Organization for Economic
ISBN: 9789264043411
Category : Business & Economics
Languages : en
Pages : 93
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Book Description
The Inernational Energy Agencys periodic review of Luxembourgs energy policies and programmes. It analyses the energy challenges facing Luxembourg and provides critiques and recommendations for further policy improvements. Since the last review in 2004, Luxembourg has reformed its energy policies across all sectors, has fully liberalised its electricity and natural gas markets, and is actively participating in the development of the evolving Central West European regional electricity system. Luxembourg has also prepared a broad action plan on energy efficiency, improved the support system for renewable energy sources and revised taxes to mitigate climate change. The country s energy policy in the coming decade will be shaped by the EU 2020 targets that call for substantial reductions in greenhouse gas emissions, and strong increases in renewable energy and energy efficiency. These targets will be hard to meet, given that roughly half of energy-related CO 2 emissions come from transport fuel use by foreign truckers and motorists, and that Luxembourg s potential for producing much more renewable energy is limited. Luxembourg is heavily dependent on oil. Although oil sources are well diversified by country of origin, more than 85% of oil stocks are held in neighbouring countries and often based on short-term leasing contracts. This leaves the country vulnerable to potential oil supply disruptions. Luxembourg should swiftly implement a plan to improve the security of oil supply.
Author: Organisation for Economic Co-operation and Development
Publisher: Organization for Economic
ISBN: 9789264108790
Category : Business & Economics
Languages : en
Pages : 94
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Book Description
This 2004 edition of the International Energy Agency's periodic review of Luxembourg's energy policies and programmes provides a comprehensive overview of Luxembourg's policies related to energy markets, energy efficiency, and environmental impacts of energy usage. Separate chapters examine developments regarding, oil, natural gas, and electricity and renewables. The report finds substantial progress in opening markets to competition, fuel diversification, energy independence, and stability of electricity supply, and discusses the challenges Luxembourg will face in meeting its Kyoto commitments.
Author: IEA.
Publisher:
ISBN: 9789264211391
Category : Force and energy
Languages : en
Pages : 140
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Book Description
This review analyses the energy policy challenges facing Luxembourg and provides recommendations for each sector. It is intended to help guide the country towards a more secure and sustainable energy future and the development of its 2030 energy strategy. It finds that since 2008, Luxembourg?s energy policy has focused on mitigating CO2 emissions in transport and industry and on supporting renewable energies and energy efficiency towards 2020. Luxembourg?s greenhouse gas emissions have stabilised as energy-intensive industries have scaled back their activities and the government put strong energy efficiency policies in place, notably for buildings. Since 2009, the country?s research and development (R & D) policies have promoted eco-innovation and clean energy technologies. In 2012, government spending on energy R & D as a ratio of gross domestic product was the highest among IEA members. Luxembourg is creating a national platform for smart meters and electric vehicles, the first of its kind country-wide roll out. Nonetheless, Luxembourg faces several energy challenges. Oil consumption in transport is rising because of growing road fuel sales, largely the result of tax differences to neighbouring countries. This increases Luxembourg?s emissions and its oil stockholding needs. Because the country imports all of its energy needs, energy security is a priority. Luxembourg has sought to address this through greater regional integration such as merging its gas market with Belgium and increasing its electricity interconnection with France and Belgium. Yet the benefits of regional integration of wholesale energy markets have not yet translated to retail markets. Moreover, as regional electricity trade grows and neighbouring countries introduce ambitious decarbonisation policies and capacity markets, Luxembourg will need to define its priorities for an energy strategy through 2030.
Author: International Energy Agency
Publisher:
ISBN: 9789264185227
Category : Carbon dioxide
Languages : en
Pages : 92
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Book Description
Luxembourg is the smallest IEA country, but its population is the richest of all IEA members. Energy consumption per inhabitant is high. The country's iron and steel industry, heavy sales of transport fuel and the country's overall wealth contribute to the high demand. Luxembourg's domestic energy resources are limited to renewable energies. Therefore Luxembourg is the most dependent on imported energy of all IEA countries. Energy taxes are low, particularly on automotive fuels. The report discusses the effects of this policy as well as Luxembourg's plan to introduce an energy tax. The study.
Author: IEA.
Publisher:
ISBN:
Category :
Languages : en
Pages : 140
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Book Description
This review analyses the energy policy challenges facing Luxembourg and provides recommendations for each sector. It is intended to help guide the country towards a more secure and sustainable energy future and the development of its 2030 energy strategy. It finds that since 2008, Luxembourg's energy policy has focused on mitigating CO2 emissions in transport and industry and on supporting renewable energies and energy efficiency towards 2020. Luxembourg's greenhouse gas emissions have stabilised as energy-intensive industries have scaled back their activities and the government put strong energy efficiency policies in place, notably for buildings. Since 2009, the country's research and development (R & D) policies have promoted eco-innovation and clean energy technologies. In 2012, government spending on energy R & D as a ratio of gross domestic product was the highest among IEA members. Luxembourg is creating a national platform for smart meters and electric vehicles, the first of its kind country-wide roll out. Nonetheless, Luxembourg faces several energy challenges. Oil consumption in transport is rising because of growing road fuel sales, largely the result of tax differences to neighbouring countries. This increases Luxembourg's emissions and its oil stockholding needs. Because the country imports all of its energy needs, energy security is a priority. Luxembourg has sought to address this through greater regional integration such as merging its gas market with Belgium and increasing its electricity interconnection with France and Belgium. Yet the benefits of regional integration of wholesale energy markets have not yet translated to retail markets. Moreover, as regional electricity trade grows and neighbouring countries introduce ambitious decarbonisation policies and capacity markets, Luxembourg will need to define its priorities for an energy strategy through 2030.
Author:
Publisher:
ISBN:
Category : Energy conservation
Languages : en
Pages : 412
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Book Description
Author: International Energy Agency
Publisher:
ISBN:
Category : Energy conservation
Languages : en
Pages : 364
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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