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Hungary
Hungary was among the first countries globally, in June 2020, to make a legal commitment to become carbon neutral by 2050 and plans to phase out coal by 2030 at the latest. Enhanced energy efficiency, increased renewable and nuclear electricity and electrification of end-use sectors are identified as the key drivers towards the 2050 target. Hungary plans to build two new nuclear unit and while solar PV has grown notably, wind lacks behind its potential but the change in siting limits for wind turbines are likely to have a positive impact on the sector.
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Chinese Taipei
The Taiwanese government enacted in the late 2010s the Statute for Renewable Energy Development to reduce CO2 emissions, improve energy diversification and promote green-energy industries. The government is seeking to generate 8% of electricity from renewables by 2025.
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Romania
By 2020, the objective of Romania is to guarantee the efficient operation of its energy system under security conditions. Romania also plans to meet the obligations set by EU in terms of greenhouse gas emissions through its legislative package “Climate changes – renewable energies”.
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Luxembourg
Luxembourg has a fossil fuel intensive energy mix driven by a high demand for transportation fuels, notably from transiting freight trucks and commuters. Despite this demand, the country is committed to reducing emissions. Its climate law sets targets for a 55% emission reduction by 2030 and climate neutrality target by 2050. The government has adopted numerous measures to push for energy transition, including a carbon tax which was introduced in 2020 and encouraging renewable generation through subsidies and auctions. Several programmes also support energy efficiency in buildings, industry and transportation, with a target for 49% of all passenger cars to…
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Moldova
Moldova is almost fully dependent on fossil fuel and electricity imports, with natural gas serving most of its energy needs. The government plans to diversify the energy mix with renewables such as wind and solar. Moldova is part of the EU4Energy Programme, which focuses on improving evidence-based policy making for the energy sector.
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Spain
Spain is at the forefront of the energy transition due to its energy and climate change policies. The current Spanish framework for energy and climate is based on the 2050 objectives of national climate neutrality, 100% renewable energy in the electricity mix and 97% renewable energy in the total energy mix. As such, it is centred on the massive development of renewable energy, particularly solar, wind and renewable hydrogen, increasing energy efficiency and improving electrification. This is an opportunity for the country to not only stimulate the economy and by creating jobs through the modernisation of industry, but also to…
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Panama
Panama's National Energy Plan 2015–2050 outlines long-term strategy for the country’s energy sector development, including renewables. The Plan established that 15% of Panama’s generation capacity will come from renewables by 2030 and 50% by 2050.
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Brazil
…nearly 70% of all additions in the coming years. Reliance on other sources for power generation is also growing, notably natural gas, wind (on-shore and off-shore) and bioenergy. Brazil is a global leader in second generation biofuels and flex-fuel cars provide a large domestic market. Ethanol supply is set to average 660 kb/d in 2026, up 90 kb/d compared with 2020 and 35 kb/d higher than in 2019. A system of contract auctions provides a mechanism to bring forward investment in new generation and transmission capacity, as well as to diversify the power mix.…
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Korea
Korea has set a target of reaching carbon neutrality by 2050 by substantially increasing the share of renewable energy sources, gradually phasing out coal, significantly improving energy efficiency and fostering the country’s nascent hydrogen industry. Korea’s energy sector is characterised by a dominance of fossil fuels, a strong dependence on energy imports and one of the highest shares of industrial energy use among IEA countries. Korea aims to leverage the fourth industrial revolution for its energy transition and to foster green growth by means of low-carbon technologies and clean energy. Due to Korea’s high share of…
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Chile
…has a single interconnected national electricity system.
This frontrunner role is underlined by the governments pledge to net-zero by 2050, which includes closing two thirds of coal plants by 2025. This goal is supported by a Just Transition Strategy, currently being developed by the government. It also includes, for the first time, a focus on green hydrogen and electric mobility, in line with the respective National Hydrogen Strategy (2020) and the Electromobility Strategy (2022). The former aims for 5 GW of electrolysis capacity by 2025, while the latter lays out a goal of 100% electric vehicle sales by 2035.- Overview
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