IEA: the Role of China’s ETS in Power Sector Decarbonisation

As observed in almost all energy markets worldwide, restriction measures and governmental policies imposed to address Covid-19 pandemic had a significant influence on natural gas trends in 2020.
 
Particularly, the upward trend in total OECD production of natural gas reversed for the first time since 2009, experiencing a 2.0% drop compared to 2019. Total production reached 1542 bcm, remaining above total production in 2018.