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            • Oil Market Report - June 2026

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                • Country

                Denmark

                Denmark has been an early leader in decarbonisation and in 2022 the government announced a net zero by 2045 target, aiming at 110% emissions reductions by 2050. Denmark’s technology leadership is important in the areas of offshore wind, biomethane and district heating. The government has expanded these categories to adopt a strategic focus on carbon capture and storage (CCUS) and hydrogen. The government has a robust energy and climate governance under the Danish Ministry of Climate, Energy and Utilities and ‘the year wheel’ of Climate Act of 2020 ensures annual policy actions and funding. Among IEA countries, Denmark has…

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                • Country

                Morocco

                The government has stepped up its role in international action on climate change, ratifying the Paris Agreement, setting a new national climate policy and hosting the United Nations Conference of Parties (COP22) summit in Marrakesh in 2016.
                The development of renewables is helping to improve energy security as well as deliver on Morocco’s clean energy and climate change commitments. Morocco is making strong progress towards affordable, reliable, sustainable and modern energy in line with the United Nations Sustainable Development Goals (SDG 7). The government has achieved almost full access to electricity for its rural population, and it is developing…

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                • + 5 pages

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                • Country

                Slovak Republic

                The key objectives of the Slovak energy policy agenda are: increasing efficiency in the power and end‐use sectors, reducing energy intensity, reducing dependence on energy imports, expanding the use of nuclear power, increasing the share of renewables in the heat and electricity sectors, and supporting the use of alternative fuels for transport. With these sound objectives in place, the government should now focus on the cost‐effective implementation of concrete actions. Mining of coal for electricity production ended in 2023 and an additional nuclear unit was commissioned. The country remains dependent on energy imports from Russia, making energy security…

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                • Country

                Mongolia

                Coal is the first source of electricity generation in Mongolia, but the country has recently begun using hydro, solar and wind power, and has adopted a law aiming to increase and regulate the use of renewables.

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                • Country

                New Zealand

                New Zealand has a diversified energy mix, with significant production of both hydropower and geothermal. As the country embarks on an ambitious energy transition, it has many natural advantages, including a strong renewable resource base. New Zealand already has a low-emissions electricity system, with over 80% of electricity coming from renewable sources. The key challenge will be to decarbonise other end-use sectors through clean power and support investments in new technologies to achieve deeper emissions cuts across all sectors. Notably, the transport sector accounts for the highest share of emissions and is almost entirely dependent on oil while…

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                • + 5 pages

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                • Country

                South Sudan

                South Sudan is one of Eastern Africa's major oil resource holders but exported more than 85% of its production in 2014. Only 1% of the population had access to electricity in the country in 2017.

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                • Country

                Mauritania

                In 2019, Mauritania’s energy mix was dominated by oil products (65%) and biofuels and waste (32%). In 2020, 43% of the population had access to clean cooking which is the highest share in West Africa. In 2020, 47% of the population had access to electricity. For electricity access, the country targets universal access in urban areas and doubling of the current rate in rural areas by 2024, with country-wide universal access by 2030. For clean cooking, the target is 100% access to LPG in urban areas and 50% access to LPG in rural areas by 2030.

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                • + 5 pages

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                • Country

                Namibia

                Most of Namibia’s electricity is generated by hydropower. The country is also one of the ten-largest uranium resource-holders in the world and provides 8.2% of global production. The country has stated its interest in introducing nuclear power into its domestic mix.

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                • + 5 pages

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                • Country

                Sweden

                Sweden is a global leader in decarbonisation and has targets to cut greenhouse gas emissions 59% by 2030 compared with 2005, and to have a net-zero carbon economy by 2045. Sweden was the first country to introduce carbon pricing and has the highest carbon price in the world, which has proven effective at driving decarbonisation. Most of Sweden’s electricity supply comes from hydro and nuclear, along with a growing contribution from wind. Heating is supplied mainly through bioenergy-based district heating and heat pumps.
                Most of Sweden’s greenhouse gas emissions come from the transport sector, which remains…

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                • Country

                Mali

                In recent years, the rate of access to electricity in Mali has surpassed 25%, thanks to a public focus on mini-grid solutions. The government of Mali now plans to increase hybridisation of its mini-grids by adding PV capacity to diesel power plants. In 2019, Mali’s energy mix was dominated by biofuels and wastes (65%) and oil products (32%), with coal and hydro accounting for the rest. In 2020, less than 5% of the population had access to clean cooking and 52% had access to electricity. For electricity access, the country targets 70% access by 2025, 80% by…

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