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Improvements in energy efficiency over the past three decades have played a key role in limiting global increases in energy use and CO2 emissions. For IEA countries, energy efficiency gains since 1990 have led to annual energy savings of more than 16 EJ in 2005 and 1.3 Gt of avoided CO2 emissions. However, the recent rate of efficiency improvement has been much lower than in the past. The good news is that a large potential remains for further energy and CO2 savings across all sectors. In industry alone, the application of proven technologies and best practices on a global scale could save between 1.9 Gt and 3.2 Gt of CO2 emissions per year. In public power generation, if all countries produced electricity at current best practice levels, CO2 savings would be between 1.8 Gt and 2.5 Gt.

Nearly 50% of global electricity supplies must come from renewable energy sources in order to cut CO2 emissions in half by 2050, the International Energy Agency (IEA) says in its latest study, “Deploying Renewables: Principles for Effective Policies.”

This report presents the results of the eleventh international survey. It provides an overview of PV power systems applications and markets in the reporting countries at the end of 2006 and analyzes trends in the implementation of PV power systems between 1992 and 2006.

Looking back, it shows how changes in energy efficiency, economic structure, income, prices and fuel mix have affected recent trends in energy use and CO2 emissions in IEA countries.

Since 1990 the rate of improvement in energy efficiency has been about half of what it was in previous decades.

This article demonstrates that the large feed-in tariffs currently guaranteed for solar electricity in Germany constitute a subsidization regime that, if extended to 2020, threatens to reach a level comparable to that of German hard coal production, a notoriously outstanding example of misguided political intervention. Yet, as a consequence of the coexistence of the German Renewable Energy Sources Act (EEG) and theEUEmissions Trading Scheme (ETS), the increased use of renewable energy technologies does not imply any additional emission reductions beyond those already achieved by ETS alone. Similarly disappointing is the net employment balance, which is likely to be negative if one takes into account the opportunity cost of this form of solar photovoltaic support. Along the lines of the International Energy Agency (IEA 2007:77), we therefore recommend the immediate and drastic reduction of the magnitude of the feed-in tariffs granted for solar-based electricity. Ultimately, producing electricity on this basis is among the most expensive greenhouse gas abatement options.

The world needs to build 30 nuclear power stations and the equivalent of two Three Gorges dams every year to prevent dangerous climate change, the International Energy Agency has said. It also needs to build 13,000 wind turbines and 40 coal and gas power stations fitted with carbon capture and storage technology each year between 2013 and 2030, the head of the Agency told the climate change conference in Bali.

7th November 2007 the mainstream 10:30pm ITV news in the UK discusses the "peak oil" documentary Crude Awakening, hears the IEA warning of much higher oil prices, shows how many countries have already peaked