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            • Oil Market Report - June 2026

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                Slovenia

                Slovenia has put in place a National Renewable Action Plan to 2020, which targets a 25% share of energy generation from renewable sources in gross final energy consumption and 39% of electricity demand met by electricity generated from renewable energy sources.

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                Iran

                Iran has in place legislation obliging the Minister of Energy to increase the share of renewables and clean power plants to at least 5% of the country's capacity until the end of 2021.

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                Ecuador

                In Ecuador, The Energy Efficiency National Plan 2016-2035 presents an inter-sectoral plan for energy efficiency, policies in transport, industry, residence, production, generation and all energy consumption sectors. In 2013, a new feed-in tariff scheme for renewable energy projects also entered into force.

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                Austria

                Austria is committed to reaching climate neutrality by 2040. Over three quarter of electricity generation already comes from renewables, with a target of achieving a 100% renewable electricity supply by 2030 (national balance). This requires investments to make networks more resilient and flexible, optimise demand side management, and updating the legal and regulatory framework to allow more consumer participation. Buildings and transport account for around half of total emissions . To progress the transition in these sectors, the government supports building renovation, switching from fossil fuels to sustainable heating systems, the electrification of transport and invests in public transport infrastructure.

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                Estonia

                …oil shale, an energy rich sedimentary rock. However, oil shale remains the main energy source and imported fossil fuels still plan a major role, especially in transport. Estonia’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. Estonia is aiming to accelerate its clean energy transition with a target to cover 100% of annual electricity demand with renewables by 2030 as part of a larger package to achieve climate neutrality by 2050. It is seeing success with one of the highest uptakes of heat pumps and growing deployment of onshore wind and solar generation.

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                Egypt

                Egypt has initiated a number of energy sector reforms, gradually reducing electricity subsidies and introducing feed-in tariffs to promote renewable energy production. The energy sector reforms recently initiated by the country have resulted in a significant increase in investments which have boosted electricity production over the last 5 years and ensured a stable supply across the country.
                Egypt also has plans to increase the share of renewables in the electricity mix to 42% by 2035.

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                Algeria

                Algeria is a large oil and gas producer and exporter. In 2015, the country updated its Renewable Energy and Energy Efficiency Development Plan to 2030, and put greater focus on the deployment of large-scale renewables, including solar PV and onshore wind installations, through various incentive measures.

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                Malta

                The National energy policy of Malta was launched in December 2012. It lists decisions and actions that have already been implemented as well as measures aiming to ensure the sustainability of Malta's energy sector.

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                Tunisia

                Tunisia mostly relies on gas imports to meet its primary energy needs: almost 97% of its electricity generation came from gas in 2016. However, energy policy puts the emphasis on renewable energy. Electricity generation from wind power strongly increased since 2014.

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                Mauritius

                The energy mix in Mauritius is dominated by coal and oil. Almost 10% of the country's final energy consumption is generated by modern renewable sources of energy – a share that has gradually decreased for the past 20 years.

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