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            • Oil Market Report - June 2026

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                • Country

                Latvia

                Latvia is undertaking its energy transition with some promising results to date, with the goal to reduce total greenhouse gas emissions (without land use, land-use change and forestry) by 65% from 1990 levels by 2030 and to achieve net zero by 2050. It has made inroads on the share of renewable energy in its fuel mix, with sizeable shares of bioenergy and hydropower.
                Renewable energy sources dominate its electricity mix, in particular, accounting for around three-quarters of domestic generation. Other sectors, notably transport and buildings, continue to consume large amounts of energy and rely on dated infrastructure that…

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                • Country

                Syria

                The 2009 Syrian Law on Energy Conservation aims to fulfil the sustainable development requirements of the country and deploy various renewable energy applications. Private and public institutions must commit to energy efficiency practices, use renewables and high energy- efficiency equipment.

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                • Country

                Viet Nam

                In recent years, Viet Nam has increased its non-hydro renewable capacity targets in its power development plan, from 9.4% to 21% of total installed capacity in 2030, and decreased the share of coal-fired capacity from 52% to 43%.

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                • Country

                Czechia

                Czechia has decoupled economic growth from energy consumption since 2009, yet the country’s energy and carbon intensity remain above the IEA average, which highlights the need to make energy efficiency the “first principle” of energy policy. Fossil fuels are still essential building blocks of the energy mix with coal as the single largest fuel for total energy supply and electricity generation. The country is committed to phase-out coal by 2033 and is putting in place a framework for an inclusive transition. Nuclear is the second largest electricity source and the government plans to build new nuclear units at…

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                • Country

                Sri Lanka

                Sri Lanka’s primary energy supply mainly comes from oil and coal. Almost 40% of Sri Lanka’s electricity came from hydropower in 2017 but coal’s shares in power generation has been increasing since 2010. Sri Lanka is reaching universal access to electricity but clean cooking remain an issue with 15 million people still relying on biomass to cook.

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                • Country

                Serbia

                In Serbia, the National Renewable Energy Action Plan set targets of renewable energy sources use until 2020, as well as the pathway to achieve them. Among other things, it enhances investments towards the development of renewables.
                Data for Serbia includes Montenegro until 2004.

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                • Country

                Kyrgyzstan

                Kyrgyzstan’s hydro-rich energy sector is characterised by aging infrastructure and significant losses, which are exacerbated by a combination of weather-related shocks and growing demand. Energy policy aims to improve energy security by developing indigenous energy sources and rehabilitating and expanding transmission and distribution networks. Developing sustainable energy and improving energy efficiency are also priorities, while slowly removing subsidies will allow for further investment and expansion of domestic resources. Kyrgyzstan is part of the EU4Energy Programme, which is focused on evidence-based policymaking in the energy sector.

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                • Country

                Uganda

                In 2019, Uganda’s energy mix was dominated by fuel wood and charcoal followed by a small share of oil products. The country produces electricity mainly from hydroelectric plants. Between 2017 and 2019, electrification outpaced population growth in Uganda. However in 2020, less than 5% of the population had access to clean cooking.
                The Electricity Connection Policy was introduced in 2018 with the ambition of increasing Uganda’s electricity access to 60 percent by 2027 through connection subsidies for consumers located close to the existing network. About 300,000 households and businesses have received free electricity connections, benefiting 1.5…

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                • Country

                Nigeria

                Nigeria is the largest economy and the richest oil resource centre of the African continent. The country also remains the largest gas consumer and producer of West Africa. Notable power sector reforms are underway in Nigeria, including plans for electrification.

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                • Country

                Poland

                Poland’s energy system has seen progress on energy transition, despite its reliance on domestic hard coal and lignite. For example, Poland has one of the fastest growing solar PV markets in the European Union and has also seen a strong uptake of heat pumps. Poland is pushing to become a major player in offshore wind, aiming for at least 3.4 GW of capacity by 2030. However, stronger efforts are needed across all sectors to accelerate energy transition and Poland would benefit from greater electricity interconnections with the rest of Europe.

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