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Honduras
In 2014, Honduras approved a new Law of Electrical Industry, which establishes technology-specific auctions for renewable energy. 75% of the population has access to electricity in the country and only 48% can rely on clean cooking facilities.
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Singapore
Singapore is the region’s second-largest gas importer. The country is expanding its existing LNG importing facility and is seeking to become a major LNG trading hub. Singapore’s relatively small import needs raise questions about how quickly the hub would reach sufficient liquidity to operate efficiently, but it is nonetheless well placed to bring Asian LNG buyers and sellers together and has taken a major step forward with the creation of an LNG price index: the “SLiNG”.
Singapore has made important moves towards liberalising its gas market, providing the basis for more competitive price setting. These moves include…- Overview
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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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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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Israel
Israel endorsed a target of generating 10% of the country’s electricity from renewable sources in 2020. Solar thermal and photovoltaic power plants are expected to account for over 70% of total generation, with the remainder deriving from household PV units, wind energy and biomass.
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law.- Overview
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Equatorial Guinea
Electrification rates are relatively high in Equatorial Guinea at 66%. The country began oil production in the late 1990s and began LNG exports in 2007.
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El Salvador
The National Energy Policy to 2024 of El Salvador guides the national actions on energy, following main principles: ensure high quality level and continuous and affordable energy access, decrease fossil fuel dependency and mitigate environmental and social impacts of energy projects.
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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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Cyprus
Cyprus adopted the Law on the Promotion of Renewable Energy and Energy Efficiency in the early 2010s, which creates a fund that finances the premium tariff and other costs related to renewable electricity generation.
Note by the Republic of Türkiye (Türkiye): The information in this document with reference to Cyprus relates to the southern part of the Island. There is no single authority representing both Turkish and Greek Cypriot people on the Island. Türkiye recognises the Turkish Republic of Northern Cyprus (TRNC). Until a lasting and equitable solution is found within the context of United Nations, Türkiye shall preserve its…- Overview
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Finland
Finland has one of the most ambitious climate targets, a legal obligation to reach carbon neutrality by 2035. It is making progress towards this target and has one of the lowest levels of reliance on fossil fuels among IEA member countries. Finland’s forests, which historically offset significant greenhouse gas emissions, have become a net emissions source. A continued push towards the energy transition is needed, as imported fossil fuels still account for over one-third of energy supply and cover higher shares in transport and key industries.
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