Energy economics
Discipline that includes topics related to supply and use of energy in societies
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2025 |
Zero-energy building
South Korea will expand zero-energy construction requirements for private buildings to Gross Floor Areas over 1,000 m2.
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2025 | International Energy Agency (IEA) predicts renewable capacity will meet 35% of global power generation. |
January 2025 | Concluded his tenure as director of the Loan Programs Office in the US Department of Energy. |
2024 |
Zero-energy building
South Korea will apply ZEB requirements to all public buildings.
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2024 |
Air source heat pump
A study concluded that for the UK, heat pumps with a nominal Coefficient of Performance (COP) between 2.8-3.2 are considered cost-optimal from an energy system perspective, recommending investment in renewable energy generation and storage technologies.
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2023 |
Zero-energy building
South Korea mandated ZEB certification for building permits with a Gross Floor Area (GFA) over 100,000 m2.
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2023 |
Zero-energy building
EnergyX opened the first commercial Net-Zero Energy Building (NZEB) in Korea, the DY-Building, which received ZEB certification with an energy independence rate of 121.7%.
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2023 |
The Carbon Principles
JPMorgan Chase published their Carbon Market Principles Report, emphasizing the importance of carbon markets in promoting sustainability and reducing greenhouse gas emissions.
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2023 |
Carbon-neutral fuel
A study published by the NATO Energy Security Centre of Excellence concluded that e-fuels offer a promising decarbonization pathway for military mobility across land, sea, and air domains.
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2023 |
Financial incentives for photovoltaics
Typical feed-in tariffs in New Zealand ranged from 7c to 17c per kWh, with electricity suppliers limiting solar connections to a maximum of 10 kW of generating capacity.
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2023 |
Financial incentives for photovoltaics
Major electricity retailers in Ireland began offering Clean Export Guarantee tariffs ranging from 18c to 24c per kWh, along with a fixed daily charge for grid connectivity.
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2023 |
Air source heat pump
The International Energy Agency (IEA) appealed for better data collection, especially on air-to-air heat pumps.
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2023 |
Air source heat pump
UK heat pump sales increased to 60,244 units, showing significant market growth.
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July 7 2023 |
Zero-energy building
The Energy and Climate Change Ministerial Council agreed to update the Trajectory for Low Energy Buildings by the end of 2024, aiming to support the delivery of a low energy, net zero emissions building sector by 2050.
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2022 |
Zero-energy building
South Korea expanded ZEB requirements to buildings with a Gross Floor Area (GFA) of 500 m2 and above.
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2022 | All remaining nine nuclear power plants in Germany are scheduled to be closed, completing the nuclear phase-out as part of the Energiewende strategy. |
2022 | UK offshore wind farm support prices fell to £130 per MWh, demonstrating a continued trend of reducing renewable energy costs and increasing economic competitiveness. |
2022 |
Carbon-neutral fuel
Zero, a British company founded by former F1 engineer Paddy Lowe, began work on a demonstration production plant for synthetic fuels at Bicester Heritage near Oxford.
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2022 |
Feed-in tariff
Vermont's feed-in tariff program capacity increased to a total of 127.5 MW, with annual increments of 5 to 10 MW.
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2022 | Continued leadership of Loan Programs Office after the passage of the Inflation Reduction Act, advancing Biden Administration's clean energy initiatives. |
2022 | Nuclear power generates over a quarter of all low-carbon energy worldwide, establishing itself as the second largest source after hydropower. |
2022 |
Energy security
The International Energy Agency predicted a global renewable energy capacity increase of 320 gigawatts, which would almost entirely cover Germany's electricity demand.
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2022 |
Energy security
Nuclear power provided 10% of the world's total electricity, demonstrating its significant role in global energy production.
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2022 |
Air source heat pump
Heat pumps outsold fossil fuel-based heating systems in the US and France.
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October 31 2022 |
Financial incentives for photovoltaics
Feed-in tariff rates for photovoltaic systems in France varied based on system size, with different rates for excess self-consumption and total sale, ranging from 0.10 €/kWh to 0.2022 €/kWh depending on the system's kilowatt-peak capacity.
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August 1 2022 |
Financial incentives for photovoltaics
France implemented two distinct feed-in tariffs for photovoltaic systems: one for self-consumption (power exported to grid) and another for total sale (all production remunerated).
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February 15 2022 |
Financial incentives for photovoltaics
Ireland introduced the Clean Export Guarantee (CEG) Tariff as part of the Micro-generation Support Scheme, marking a significant policy change that allowed residential solar power producers to receive compensation for exported electricity.
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2021 | IAEE held its annual International Conference online due to global circumstances. |
2021 |
Zero-energy building
South Korea implemented mandatory Zero-Energy Building (ZEB) requirements for buildings with a Gross Floor Area (GFA) of 1,000 m2 and above.
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2021 | Oversaw significant increase in Loan Programs Office funds from $40 billion to $400 billion following the Infrastructure Investment and Jobs Act. |
2021 |
Energy security
Global renewable energy capacity experienced record-breaking growth, increasing by 295 gigawatts despite supply chain issues and high raw material prices.
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2021 |
Energy security
The European Union's annual renewable energy additions increased nearly 30% to 36 gigawatts.
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2021 |
Home energy upgrades from public utilities
Anaheim Public Utilities' solar and battery storage programs reached a milestone of producing 50,000,000 kilowatt hours (kWh) of electricity annually, sufficient to provide year-round electricity for about 4,700 typical US homes.
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2021 |
Power purchase agreement
Amazon signed power purchase agreements with 44 renewable energy projects across nine different countries, totaling 6.2 GW, as part of its commitment to power facilities with 100% renewable energy by 2030 and achieve zero carbon emissions by 2040.
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2021 |
Power purchase agreement
Over 137 firms across 32 countries reported signing power purchase agreements (PPAs), highlighting the growing global adoption of direct electricity purchasing contracts.
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2021 |
Air source heat pump
Asian countries produced three-quarters of the global heat pump manufacturing output, demonstrating significant industrial dominance in heat pump technology.
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December 20 2021 |
Fuel economy in automobiles
The rollback of fuel economy standards was reversed during the Biden administration.
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November 18 2021 |
Zero-energy building
California Air Resources Board Southern California Headquarters – Mary D. Nichols Campus dedicated, becoming the largest net-zero energy facility in the United States at 402,000 square feet.
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March 2021 | Appointed as director of the Loan Programs Office in the US Department of Energy, leading efforts to commercialize emerging clean energy technologies. |
February 24 2021 |
Zero-energy building
Brazil issued Ordinance No. 42, approving the Inmetro Normative Instruction for the Classification of Energy Efficiency of Commercial, Service and Public Buildings (INI-C). This ordinance improved technical quality requirements for energy efficiency levels and specified criteria for classifying buildings as Near Zero Energy Buildings (NZEBs) and Positive Energy Buildings (PEBs).
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2020 | No IAEE International Conference was held this year. |
2020 |
Zero-energy building
Santa Monica City Services Building completed, becoming one of the first net-zero energy and net-zero water public/municipal buildings in California.
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2020 |
Zero-energy building
European Union set a goal to have all new buildings meet nearly Zero Energy Building (nZEB) standards by this year, promoting widespread adoption of energy-efficient building technologies.
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2020 |
Zero-energy building
According to the IPCC, embodied carbon is projected to make up half of the total carbon emissions between 2020 and 2050, highlighting the growing importance of considering carbon footprint in building design.
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This contents of the box above is based on material from the Wikipedia articles Jigar Shah, The Carbon Principles, Sustainable energy, Home energy upgrades from public utilities, Clean Energy Trends, Power purchase agreement, Zero-energy building, Renewable energy commercialization, Feed-in tariff, Energy security, Financial incentives for photovoltaics, Fuel economy in automobiles, Air source heat pump, Wood industry, Energy economics & Carbon-neutral fuel, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.