Australia: The Emissions Reduction Fund There is still debate in Australia over how much the government should be involved in developing environmental policy. Under PM Julia Gillard, a Carbon Tax was introduced. The Carbon Tax was a mandatory tax applied to facilities that emit more than 25,000 MT CO2e scope I emissions annually with some...
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United States Energy Production Trends
How the Energy System Is Structured The Federal Energy Regulatory Commission (FERC) is the United States federal agency that regulates the transmission and wholesale sale of electricity and natural gas in interstate commerce, and regulates the transportation of oil by pipeline in interstate commerce. FERC also reviews proposals to build interstate natural gas pipelines, natural...
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United Kingdom Energy Production Trends
How The Energy System Is Structured There are several authorities in the UK that are responsible for regulating the energy sector. One of these is The Office of Gas and Electricity Markets, also known as OfGem. It operates as a non-ministerial government department and its main responsibility is to protect the consumer. It is also...
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Ukraine Energy Production Trends
How The Energy System Is Structured Ukraine is the fourth largest coal producer in Europe (after Russia, Germany, and Poland), contributing 4% of global output; until now, however, all the fuel consumed in the Ukrainian power industry has come from domestic production. As a result of the conflict in the Donbas, Ukraine will be forced...
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Turkey Energy Production Trends
How the Energy System Is Structured The government of Turkey aims to privatize public power plants, including hydro and thermal power plants. EÜAŞ, the largest electric power company in Turkey, was founded by the Turkish government in 2001 and has 72 hydroelectric power plants and 10 thermic power plants. Privatization will demolish the public monopoly...
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Thailand Energy Production Trends
How Thailand’s Energy System Is Structured The national energy and environmental policies are government-level policies that are adopted for implementing environmental and energy-related objectives in Thailand. Thailand’s energy policies, which include electric power and renewable energy policies, are drafted and created by the Ministry of Energy (MoE). Similarly, energy policies that include electric power and...
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Spain Energy Production Trends
How The Energy System Is Structured The National Energy Commission is partially responsible for regulating the energy industry in Spain. The National Energy Commission (or Comisión Nacional de Energía) is a part of the Ministry of Industry, Energy, and Tourism. It is meant to aide in the regulation of the energy industry, but does not...
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South Korea Energy Production Trends
How The Energy System Is Structured South Korea’s electricity sector is not fully privatized as is the case in many other countries. The Korea Electric Power Corporation (KEPCO) is the monopoly that controls electricity retail sales, transmission, and distribution. Its shareholder composition is as follows: Korea Finance Corporation holds 32.90%, the Korean government 18.20%, foreigners...
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South Africa Energy Production Trends
How The Energy System Is Structured The South Africa Department of Energy (DOE) and the National Energy Regulator (NERSA) are the two leading agencies that help frame and implement government energy policy. The Department of Energy (DoE) is mandated to ensure the secure and sustainable provision of energy for socioeconomic development. The Department produces an...
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Russia Energy Production Trends
How The Energy System Is Structured Since the early 1990s, the power sector in Russia has undergone significant changes to its structure, priorities, and generation capacities. In 1992, the power industry was reorganized into the 50% state-owned company RAO UES, the largest electric power holding company. Privatization and further restructuring of the power sector took...