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            • Oil Market Report - June 2026

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                • Country

                Bangladesh

                In Bangladesh, electricity is available for 85% of the population, up from 20% in 2000. Gas accounts for the majority of the country’s electricity production, even though wind, hydropower and solar PV shares are growing. Bangladesh has also implemented energy policy incentives towards the deployment of renewables.

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                Philippines

                The Philippines has made significant progress in delivering electricity access, boosting the household electrification rate past 90% in 2016. The country is on track to meet the target of achieving universal electrification by 2022, as set out in the Philippine Development Plan 2017-2022.

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                Nicaragua

                The National Energy Policy of Nicaragua establishes a policy framework for the development and exploitation of renewable sources. The law sets the objective of prioritizing the use of renewable energy in the national energy mix and of stabilizing energy prices using renewables.

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                • + 5 pages

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                • Country

                Kenya

                Access to electricity has increased dramatically in Kenya over the past 20 years, reaching almost 3/4 of the population today. The Last Mile Connectivity Project of the Rural Electrification Authority aims to deliver universal access by 2022.

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                • + 5 pages

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                • Country

                Costa Rica

                Costa Rica’s energy policy aims to move from a fossil fuels based energy system towards renewable energy sources and to expand its power generation capacity, replacing old power generating stations and developing new projects.

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                • Country

                Iceland

                In 2007, the Icelandic government released a Climate Change Strategy conceived as a framework for action and government involvement in climate change issues, and setting forth a long-term goal of reducing net greenhouse gas emissions by 50 to 75% of 1990 levels by 2050.

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                • Country

                Chad

                …basic services such as drinking water, basic sanitation and paved roads. Meanwhile, crude oil has become the country’s primary source of export earnings. In 2019, Chad’s energy mix was dominated by biofuels and wastes (85%) with oil products accounting for the rest of the total energy supply. In 2020, less than 5% of the population had access to clean cooking and 8% had access to electricity. The electrification rate is one of the lowest in Sub-Saharan Africa. The country has 30% electricity access target by 2023 and up to 53% by 2030, with a 20% rural access…

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                • + 5 pages

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                Uruguay

                In 2010 the Ministry of Energy, Mining and Industry of Uruguay approved Decree 354 on the Promotion of Renewable Energies meant to increase dramatically the share of electricity generation from renewable sources in the country.

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                • + 5 pages

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                • Country

                Peru

                Peru’s government identified the development of electricity from renewable energy sources as a public necessity of national interest. The country established a National Renewable Energy Development Plan to be funded by the Annual Budget Law, external debt operations, direct investments and contributions from international institutions.

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                • + 5 pages

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                Bolivia

                A quarter of the electricity generated in Bolivia comes from renewables. On the other hand, 12% of the population still does not have access to electricity. The government has launched the Bolivia Electric Plan 2020-2025 to support the expansion of the electricity grid with a strong emphasis on renewables.

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